Author/Editor
Enrique Abeyta
Publisher
Empire Financial Research
Description
Upgrade service ($3-5,000/yr) from Empire Financial, this is Abeyta’s long-term “buy and hold” service for small or mid cap growth stocks (he also offers a short-term trading service for generally larger stocks, Empire Elite Trader).
Overall Rating
Rating: 3.1/5. From 13 votes.
3.1
Rating from 48 votes
If you’ve subscribed to Empire Elite Growth, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.
Investment Performance
Rating from 14 votes
Rating: 3.2/5. From 14 votes.
Your vote
- 5 Stars 5 Votes
- 4 Stars 1 Votes
- 3 Stars 3 Votes
- 2 Stars 2 Votes
- 1 Stars 3 Votes
Quality Of Writing/Analysis
Rating from 10 votes
Rating: 3.6/5. From 10 votes.
Your vote
- 5 Stars 4 Votes
- 4 Stars 3 Votes
- 3 Stars 0 Votes
- 2 Stars 1 Votes
- 1 Stars 2 Votes
Value For Price
Rating from 11 votes
Rating: 2.5/5. From 11 votes.
Your vote
- 5 Stars 3 Votes
- 4 Stars 1 Votes
- 3 Stars 1 Votes
- 2 Stars 0 Votes
- 1 Stars 6 Votes
Customer Service
Rating from 13 votes
Rating: 3.1/5. From 13 votes.
Your vote
- 5 Stars 5 Votes
- 4 Stars 1 Votes
- 3 Stars 1 Votes
- 2 Stars 2 Votes
- 1 Stars 4 Votes
I used to say my interest in bitcoin is about the same as running a marathon in a clown suit. However, now if you’re interested I am interested.
Empire Financial Elite Growth is the worst subscription service I have experienced. Questions / concerns go unanswered, the one-a-month recommendation is not adhered to (recycles old tired recommendations) and questions and comments have never been responded to. And it subscription is locked in for a year! I rate this to be a huge mistake on my part.
Hi John – Thanks for the review. I was enticed by the new 10x or 100x stock that is somehow affiliated with the crypto market. I haven’t subscribed yet.
I subscribed to both his Empire Growth and Trader services. I found the Trader to be much better than Growth. I did not renew my subscriptions however when 2 big losers significantly impacted my account, but more so, Abeyta’s behaviour regarding those to losers… Pershing Sq TH and Voyager….what I did not appreciate and immediately made me decide not to renew, was that he blatantly (in my opinion) tried to put out fires and sell the Universal deal to listeners when the reaction was not that great, for his “buddy” Bill Ackman on their MoneyPod Spotify show after the initial SPAC deal was announced (PSTH Universal Music deal). In my opinion Bill Ackman’s deal, was a total slap in the face of SPAC investors (no one signed up for a foreign co. and foreign exhange investment). Abeyta then really missed the mark on Voyager, and while he admitted it was the wrong call on Voyager on his Twitter, it only took a day or two for him to come back to almost reverse his position..he is now again banging the table on this stock. Personally, I feel Voyager will continue to slowly bleed and will likely never recover, since the window of opportunity to grow is fast closing with all the ramping up competition….Interactive Brokers, PUBLIC, Coinbase etc etc..are all getting in on the action. Maybe I am wrong, but I am out and have thankfully made up my losses by redeploying capital after selling PSTH and VYGR with the CAD ETH and BTC ETFs.
Hi Cran69, Just watched the presentation for the Empire Growth service today. The pitch is still for the “Robinhood of Crypto”. Do you happen to know what stock he is pitching? He still says it can be a 1000% winner (if you get in now-of course)!
Voyager, he’s been teasing it since last Spring — covered most recently here: https://www.stockgumshoe.com/reviews/empire-elite-growth/solved-empires-most-obvious-10x-opportunity-ive-seen-pitch/
I made a huge mistake following Enrique Abeyta’s advice, mostly in 2021. The writing is fine, and in fact very interesting. He had me believing. But then I lost loads of money … VXX recommended when it was basically at its peak, $65 a share. I lost a major bundle on that one.
The adventure in SPACs was disastrous, and most of Enrique’s other recommendations were almost as bad. I lost on ARVL (Major Loss), BTWNW, BYND, CCOI, CGNT, KBH Puts, KPLT (Lost BIGLY), IPOF, GDRX, MDLA, MUDS, $20K on PINS (Major loss), PSTH (Major loss), QELLW, RBAC, SJB ProShares, SPNV, TPGY, TRIT, VYGVF (Major loss), VRT, and a massive $68K on VXX. I thought that dog would skyrocket when the market faltered … good Hedge … NOT!!!
I still can’t believe that Enrique thought VXX was a good deal at its peak. Yeah, that one’s bound to go to $100. How long has he been doing this? Where did he get his MBA? Oh yeah, Wharton.
The winners were TW, TWTR, LTRPA, LVS, SPCE, PALL, WFC and PAYC. All told, I made about $40K and lost $236K following Enrique’s advice in 2021.
Stay AWAY!
I got in on the EFR lifetime membership package in 2019. It included all the products, so there was a lot of research and recommendations available to subscribers, including Elite Growth. initially I did ok with EG, but I became more circumspect with the recommendations once some of them started getting hammered. And it bothered me that Abeyta seemed nonchalant about the drubbing some of his picks suffered from. Then when interest rates started going up I stopped buying growth stocks. But Abeyta seemed to be doubling down to the point where his growth portfolio was mostly all red. I didn’t follow his portfolio to see what his performance was over the four year period (before getting merged into Stansberry Research), but I would guess that overall he lost 5 – 10%. Stansberry Research did not pick up any of the EG portfolio.
Thanks for the feedback — did Any of the Empire publications survive the move? I know Whitney is joining one of the Stansberry letters, but it hasn’t been clear from their website if any of the Empire letters are going to continue in any form.
I noticed that Stansberry did cherry pick a few, and also there was some overlap. You would expect that since both services are owned by MarketWise. I did do a bit more analysis of Empire Growth losses, and found that Abeyta’s 53 recommendations yielded a total return of -675%. If you assume an equal dollar investment per pick then you’re looking at an overall LOSS OF 13% over 4 years. Really terrible. I think Elite Trader was much better, whereas SPACS and Elite Crypto were almost complete losses.
Yeah, Marketwise has had a horrible couple years. Stansberry already owned Empire 50/50 with Whitney, so it sounds like a way to reset and start over. Lots of those resets in the newsletter biz over the years, with editors moving to get a clean slate.
Try to avoid everything from this guy, he wrote a few newsletters in the Empire Financial Research which now has ceased to operate. All of them are disastrous, I lost money almost on all of his recommendations. The worst is Voyager, the Crypto platform which went bankrupt due to the fraud. and its stock went to pennies. He is a not dumb guy, but probably too ambitious to be a good stock picker. Everything he does is the opposite of what Buffet and Munger teach. Super speculative, overly ambitious on picking multi baggers regardless of huge risks.
He is a very good writer but don’t confuse that with investing skills.