Paul Mampilly is out with a new promo for his Extreme Fortunes newsletter, making this absurd promise:
“Anyone who joins my research service Extreme Fortunes, and invests $10,000 following my recommendations, will have the chance to earn a profit of $100,000… in the next year.”
So before we begin, let’s throw away that possibility. You’re not going to be able to think clearly about a stock if you go in with that kind of lottery-ticket mentality — and $10,000 is a lot more money than you would probably put into buying lottery tickets. Stocks do sometimes make 1,000% returns, though it’s extremely rare for it to be in a single year… and that promise implies that if you invest $10,000 into his basket of stocks or array of recommendations throughout the year you’ll have a chance at $100,000 in profits.
Some of those stocks are going to go down or provide very small returns, that’s just the nature of investing, so that means he has to have at least one pick that provides something far more dramatic, like 3,000-5,000% returns. (Alternately, if he said investing $120,000 a year, $10,000 into each pick each month, would present the possibility of one of those investments returning $100,000, the promise would be a little more rational but far less enticing).
But the newsletter publisher has something going for him: he knows that if Paul picks a stock that goes up 70%, subscribers will be delighted and will forget that they were promised 1,000% returns… and he also knows that while they’re promising those returns, they are NOT offering refunds on this newsletter, for any reason… so I’m not exactly sure what it is that’s behind that promise, other than Mampilly’s belief (probably sincere, I’ll give him the benefit of the doubt) that he can turn $10,000 into $100,000 for you.
But then they put “Paul’s Track Record” in the ad, and that makes it a bit more clear — it looks like he’s just adding up the percentage returns from each investment and somehow magically making it look like that’s your investment return. So to cherry pick the best gains he claims, back in January (of last year, presumably) he recommended Coeur Mining, which gave him a 738.87% gain, the GDX ETF, which returned 106.8%, and NVIDIA, which returned 108.56%…. and the ad implies that you can add that 738.87 to 106.8 and 108.56 and somehow turn that into a 950% return. That’s not how percentages work.
Those are great trades, of course, assuming that you could actually make them in real life (the CDE trade, for example, means you bought on his recommendation on January 15, 2016 and then sold at the absolute peak on August 9 for a ~740% return — people almost never sell at the peak and I don’t know when he might have recommended a sale … if you held to today, that return would be more like 400%)…
… but even making that trade perfectly doesn’t get you even close to having a 1,000% return on your investments with Paul Mampilly — just use the example he’s offering today of a $10,000 investment that he says he can turn into $100,000 within the year. If you had $10,000 to invest in those three stocks last January, and divided it equally, you would, according to the ad’s return calculations, end up with roughly $27,900 in CDE, $6,900 in GDX, and $6,950 in NVDA. That’s $41,500. So that’s a lovely return of 315% on your $10,000 investment in January, and a gain probably made in only about a half a year, so that’s worth celebrating… but it’s not the far more dramatic 950%+ return that they claim (they actually claim 1,124.71%, but that’s adding on picks made in May and June and July last year which returned anywhere from 3.5% to 44%). The math isn’t made up, but it’s misleading.
So ratchet your expectations down a little bit, and then we’ll go into looking at the actual “Extreme Fortunes” stocks they’re recommending today. It’s never good to count on 1,000% short-term returns, but it is possible to make huge gains on stocks that are selected well, particularly if you have a lot more time than that… and sometimes Mampilly does choose good stocks (though not always, of course) — right now he’s riding on some attention here in Gumshoedom because he has been banging the table for STMicroelectronics (STM) since late last Spring and that stock has indeed done quite well (and, to be fair, I didn’t like STM when he was teasing it and I don’t like it now, so I’ve missed those returns personally).
That STM pitch was for Mampilly’s less expensive $79 “entry level” Profits Unlimited letter, and when you’ve got some investors who are excited about a good pick or few you’ve made the time is ripe to hit them up for “my even better ideas” — at a much richer price, naturally. So Extreme Fortunes is now being pitched as the “upgrade” letter for $2,995 (no refunds).
Mampilly then runs through a long list of stocks that his strategy would, after “rigorous backtesting” using the “DNA of stocks that are primed to jump,” have identified as potential 1,000% winners. But those aren’t actually stocks he recommended — he has had successful picks, of course, as have all newsletter pundits, but he’s not satisfied with those claims of gains of 355%, 634%, or even 2,539% in Sarepta Therapeutics, which is the example he keeps coming back to — he has to imply that somehow he would, using the system he’s suggesting today, also have found multi-year 1,000%+ (or even 10,000%+) winners in past years.
Always be skeptical of “my system would have found these gems back then and made you rich, if only we had discovered this fantastic system and shared it with you then” claims — identifying AMZN as a 50,000% winner in retrospect is easy, but it was far more difficult to pick it in the late 1990s, or even after the dot com crash (would you have have sold AMZN when it was dropping by 90% in 2001? If so, you missed a lot of that potential return), and it was more difficult still to stick with it for long enough to generate those absurdly high 50,000% returns. Backtesting makes fortune-making look easy — and backtesting that doesn’t include the possibility that some of the stocks that satisfy your backtest criteria probably lost 50% or 80% or 99% is disingenuous (the “system” itself uses pretty loose criteria, at least as described in the ad, so you could probably use it to claim almost anything you want).
So what are those criteria? What is it that Mampilly says he’s looking for? He says his “DNA” for stocks that are “primed to rally 1,000%” includes a few steps:
First, he says you need to find out “if the company is an industry disruptor” — here’s how he puts it:
“Finding disruptors is one of the foundational pillars of grabbing a 1,000% gain.
“This could be a new drug, new technology, a new system for doing things, a new medical device… the list is endless.
“But it has to disrupt the industry.
“And — this is key — I pay close attention to the potential market size for this disruptive company.
“If the potential market is small, the stock can only climb so much. But if it has a big potential market, the stock can easily climb 1,000%.”
That’s nothing shocking for growth investors, of course — that’s what David Gardner at the Motley Fool calls “Rule Breakers” stocks, and a lot of them fail… but the big winners do, like Amazon or Netflix or Priceline, generate staggering returns.
“Phase II is the number-crunching phase. Once I know a company is going to disrupt an industry, I need to make sure it has the potential to go up 1,000%.
“I look at a lot of numbers. Some are really basic.
Are you getting our free Daily Update
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just click here...“For example, I want lower-priced stocks. Generally, I look for stocks that are priced between $1 and $25. Above that, and the odds of the stock going up tenfold diminish quickly….
“I also want companies with a market cap of $150 million to $3 billion. They still have a lot of room to go up….
“I want to find companies that currently have under $3 billion in sales, while growing sales an average of 10% to 20% a year.
“At this rate, a company would double its sales within five years … something which — without fail — catapults the stock price.”
And then he says that his other key criteria is “Insider Activity” — here’s how he puts it:
“Specifically, I look at insider buying and selling.
“If the C-level executives of a company don’t own a good portion of their own stock, I don’t want to touch it. Full stop….
“Insiders need to have millions of their own dollars at stake.”
So those are the criteria — small cap stock, low-priced, insider ownership, sales growth… what, then, is the one stock he focuses on as the big buy to lure in investors? Here’s how he introduces it:
“This is the most excited I’ve been about an investment in years. I expect people will be talking about this company decades from now, just as much as they talk about Pfizer in pharmaceuticals. It has all the makings of being a mega-sized company… and just like all those companies, anyone prudent enough to be there, at the ground-floor, stands to make money hand over fist in the months ahead….
“This company is at the heart of a relatively new science … a science already disrupting one of the largest markets … health care.
“It’s called precision medicine.”
What other clues do we get? Here’s what I culled out of the ad for you:
“Early-stage firms have already reaped huge returns — like Illumina, which is up 3,000% so far.
“But the real winner is emerging at this very moment … the company I am going to share with our viewers today. This company is specifically planning to dominate the precision treatment of cancer … positioning it for the $107 billion haul for cancer treatment in the short term…
“In fact, the Swiss pharmaceutical giant Roche just invested $1 billion in this company….
“I project sales to soar 70% by the end of this year, it has a market cap under $1 billion and the stock is priced under $25….
“… in the last year, insider ownership has doubled….
“The Roche purchase woke a sleeping giant … Wall Street.
“Kleiner, Perkins, Caufield and Byers — one of the largest venture capital firms in Silicon Valley — has now taken a large stake in this firm…
“Institutional giants like BlackRock, Vanguard and Oppenheimer quickly followed.
“I expect this company could move very, very quickly. Again, small stocks mean increased volatility, so those following my recommendations should be aware of the risk, keep the buy-up-to price in mind and avoid ‘chasing the stock’ too far.”
OK, so that is a fairly easy pile to chew on for the Mighty, Mighty Thinkolator — we’ll have to use the electric start during this snowy weather, but I got it chugging along pretty nicely, shoveled the whole pile in for you, and got the answer out right quick: This is Foundation Medicine (FMI).
Foundation Medicine is indeed a “personalized medicine” stock, focused on cancer treatment, and it fits all Mampilly’s criteria — it has a market cap of about $850 million, is growing revenue at about 15%, and has a huge investment from Roche (Roche spent about a billion dollars to get a majority stake two years ago — that sent the stock flying, since Roche paid a huge premium for that controlling stake, but it fell back down starting a few months later and has spent most of the past 18 months bouncing between $15-25… it’s at the top of that range right now, and it appears to me that it’s probably Paul Mampilly’s pressure driving it up, since the stock has climbed about 25% in two days.
I don’t know whether the company’s fundamentals mean it should be trading at this $25 price, but I don’t see any fundamental change between Monday and today, and it was trading at $19 on Monday… so in these kinds of situations it’s always important to be a bit wary. Buying pressure doesn’t necessarily keep stocks moving up forever, particularly if it’s just buying pressure from a newsletter recommendation… that newsletter will move on and recommend different stocks, or the pundit might even suggest a sell at some point, you never know. Or maybe it’s the beginning of a massive blaze of enthusiasm, and the fire has just been lit — I tend on the side of skepticism after these kinds of pops, but I don’t know the stock well.
Analysts are predicting continued revenue growth for FMI, but not anything that will be in danger of tipping them over into profitability anytime soon — they’re expected to lose $3 a share when they report in about two weeks, and another $3 a share in 2017 and $2 a share in 2018 on 20%ish revenue growth. They have already pre-announced 2016 numbers, in a press release that came out on January 9 and had little to no impact on the share price, so it seems silly to count on the earnings providing a positive surprise beyond that.
And the company also noted that this year, as they transition to a new CEO, they have the following non-financially-specific outlook:
“As part of Foundation Medicine’s commitment to being a partner for the patient journey, the company expects to advance a number of key business objectives in 2017. These include: advancing its universal, pan-cancer companion diagnostic assay through the FDA and CMS parallel review process to decision and launch in the second half of 2017; broadening Medicare and third-party payer coverage for its clinical CGP products; growing clinical volume across its product portfolio, including expanded global market presence; and expanding its biopharma business, including additional companion diagnostic collaborations and SmartTrials clinical trial access programs.”
The business essentially develops and sells genetic tests (comprehensive genomic profiling, CGP). These are used both in testing patients and identifying strains of cancer, and in making assessments about which treatment is best for which variety of tumor a patient might have. That is certainly an interesting business, though I don’t know what the competition is like or whether FMI is likely to see their market share in the testing business balloon because of any specific tests they’re hoping to roll out this year.
And with that, I’ll leave you to it — it’s not a stock I’m buying, but the Roche investment is an important foundation for the shares and they do have positive trends in terms of sales and testing volume so there is a real business that is improving… whether that means it’s worth the $600 million market cap it had before Roche invested a couple years ago, or the $500 million it fell to a year ago, or the $850 million it popped to this week when it hit $25 a share, I have no idea — that’s a lot of volatility for a company whose numbers do not change all that much, and which is nowhere near profitability even with pretty solid revenue growth projected, so you’ll have to make your own call. Let us know what you think with a comment below.
P.S. On the “insider ownership” bit FMI has been hit or miss over the past few years — they do have some substantial insider ownership, though it pales compared to Roche’s giant stake, but there has not been any buying over the past six months, just the (fairly typical) steady stream of relatively small sales from insiders. Having insider owners in itself is generally “a good thing,” all else being equal, though if you’re looking for the impact on shares the only real academic research into this indicates that the only thing that indicates a stock has a better chance of rising is when multiple C-suite insiders buy shares with their own money (i.e., not just getting a grant of stock or stock options that don’t cost them anything). Having employees who buy stock is far more compelling as a “tell” for possible good things happening than having employees who are given stock as part of their compensation.
Has anybody heard of vodafone? It may be one of his choices that the airlines, coca cola and mcdonalds are currently using, has bee mentioned in IOT magazine
The VOD stock started at just under $25, up 5%. I think that might be #4
Vodafone is a European/global wireless telecommunications provider like AT&T and Verizon. It is not an IoT play.
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Did anyone buy in to this and know the 3 picks
I think the second one is USG.
Do not know about the other 2.
THOR, CGNX
Dijon,
Is THOR “Thor Industries, Inc.”? The stock symbol is THO. It is going down…. Did he announce any stocks for April?
I know a iot software company in seattle
A friend of mine joined at a $5000 level. What’s that all about??
I joined this service and am -extremely- disappointed. Most picks have already lost money and the others are only up slightly. It was advertised to gain 1,000% percent within a year. Highly doubt that will happen. Wish I could get my money back.
How can you be extremely disappointed after only being in the service for 3 weeks? That isn’t a realistic time to expect any sizable gains for this service strategy. The promo video stated that some of Paul’s best investments lost a small to decent percentage at first but ultimately came around with a little patience.
I am a PU member and some of my investments took a slight hit at first but have come around nicely, just as I suspected they would. The videos and write ups do come off as fairly cheesy at first but I can attest that I do not have one holding that has underperformed so far. In fact, the majority have exceeded my expectations given the small holding time. If you’re paying the money, you’ve gotta trust the source and give it some time.
I agree with Eddie….somewhat.
As a PU member myself, I have made a small fortune but not because of PM’s picks, not totally. However, PM did help me help myself. Because of PM’s suggestion to buy STM (which I did), I also bought INVN. INVN was bought out within two weeks of my purchase and I had purchased 6X as much stock as I had in STM.
Why 6X? Because INVN was worth about 30X less than STM which was part of PM’s formula. It took me about 20 minutes on google to put this trade together. For the life of me, I don’t know why PM didn’t recommend INVN, but STM may ultimately prove better.
And that’s ^^ to Eddie’s point.
I might add: I do think FMI will ultimately go gangbusters. There are two other like-minded stocks–stocks like FMI–that probably will succeed too. One is a French company; one is based in Palo Alto. Same exact business.
All three will eventually succeed……bigtime, IMO.
But if those who spend $3,000 for advice that know nothing about stocks in the first place, Eddie is right: you have zero choice but to follow blindly.
That said, few people can follow blindly. It’s just too scary. It takes a lifetime of work to know when to be truly scared and when not.
So good luck to those that have no experience. You could always pitch in a bit and do some additional work yourself; you can let Paul continue to do it for you, or quit.
But if you quit, don’t come back and ever expect a different result.
I suppose the poor start has something to do with my disappointment. PM says that PU ($79/yr) is like a football running play and that EF is like the long bomb touchdown. So far its been like bubble screens that gain a few yards and lose some depending on the play. Paying $3K is a bit different that $79. Why didn’t you get in on EF? Surely a $3k investment to make $100K is a slam dunk. Do you believe the EF picks will be 1,000% gainers within a year? PM now is careful to use the word “potential” in his communications. Time will tell as you say.
I am happy taking a more conservative approach at this point in my life. The PU investment strategy is comfortable to me financially for the price. 3K was a lot more than I thought the service would go for so I opted to pass, although I must admit I am intrigued and will be following this forum for people’s feedback and thoughts. Not gonna go so far as to ask for or offer to pay EF members for information.
I can attest that Paul has a knack for finding winners in the PU service and it is barely 6 months old. His new service is 1 month in so my advice would be to give it more time. I recall from his video that many of his past winners took several months before they started their rapid ascent.
BTW, I’m not sure how much validity or accuracy there is to everyone trying to guess the initial 5 picks but if the first pick of FMI is indeed correct a 30% gain in one month is one hell of a start for a prediction. I doubt this is all due to EF members buying in. Maybe the guy is onto something…
I sure hope he’s on to something for $3K!! It’s not nearly 30%. Perhaps what folks don’t realize is PU/Banyon Hill (BH) uses acquire prices that are misleading. By the time the pick goes out and the time you have the opportunity to buy the numbers can vary significantly. Each time a pick comes out the stock pops immediately. Working during the day doesn’t allow a timely opportunity to pull the trigger. This really shouldn’t be a big deal if the stock is going to go up 1000%.
I had a lifetime membership to PU so i’m familiar with it. I was only in a few weeks when EF came out so I opted out of PU in favor of EF. As you are aware BH does shameless self promotion and they pumped PU to the point of nausea. After all, “past performance is not an indicator of future performance”. PU has another big play he’s pushing dealing with energy. Heard about it?
No doesn’t ring a bell. Is it a new energy service PM is offering? Hard to keep up with all of the emails and offers Banyan is sending out. My focus and pricepoint is on PU for now for but I’d be intrigued if it was in the price range of PU
i sat through the spiel today and low and behold it was for PU. You should have gotten a play for a heat mining (geothermal) company from the Midwest. Did you get one recently?
I heard the pitch too…it might be US Geothermal (HTM) or Ormat (ORA) ..but Ornat is Israeli
Oops you’re right on the symbol arch that is ORA
Yeah I took a look at that and it is for PU. Odd I would get that ad as a current member. I checked my special reports section of the subscription and that energy report hasn’t been added, so it is most likely a replacement of STM to get new members to join. If the company does how STM has done I’d gladly pay additional for the info but it appeasr to only be for new members. STM has treated me nicely.
My first thought is Ormat (OMA). They have great patents, a price in the $50 range as PM showed, and project wins in the areas he mentioned. And, they are the only vertical drilling geothermal company going to depths of 3 miles from the US. I looked into them last summer and kick myself for not buying then. Consistent quarterly beats and double digit YOY growth. Great play if you ask me but not sure it has the upside that PM is talking about. Assuming this is the company he is referencing.
Sounds like you got in on STM at a great time. They’ve done decent for me also but sure would have been nice to have been in a year ago. I’m looking at them as Long.
Ormat is too expensive for the stock being touted. The company is from the midwest and is in the neighborhood of $10. That eliminates Ormat. The $50 you are referring to is the latest PU play to get in. They lowered the price to $49. With EF and PM’s new service i suspect PU could become the forgotten member. Widespread heat mining is likely a ways away as the problem is getting to a depth they need to be. Cap rock is the issue as they can’t get through it (or can they?). Check out this website , find the video and watch. This technology makes the most sense to me (if it works 🙂 ). They are a few years away…. http://www.terracoh-age.com
I did; but MY OWN WORK, like with KN–another STM clone, has also worked. (Likewise, INVN, a blowout clone that PM didn’t suggest!)
I forgot to mention ADI has done well, still another PM stock, and FLIR. Now PM’s PI has not worked at all…..but should…..I think.
I also read Barron’s ‘digital’ every Saturday. Every 4th week or so; there’s unbelievable nuggets to be found in Barron’s (IVAC)……bingo.
Note: Barron’s is where FMI first appeared and where I’ll bet PM saw this stock idea first, two year’s ago.
It has added up. 30 grand is a lot.
I predict FMI will be Paul’s best pick ever. I say that but have only 700 shares.
The trick is knowing when to go big. It’s ALWAYS hard for me, going big. And I have over 40 years experience…..much more experience than Paul.
But I’m playing with my money….not anyone else’s.
My overall point: you have to do your own work. Pay zero commissions. And read everything.
I won’t ever be paying $3,000. I’m guessing Paul is on the way out now for us 47 dollar guys.
Just to clarify for everyone…..The new geothermal energy pick PM is promoting is Ormat Tech (ORA) The name of the report is “How to Make 1000% in America’s Next Energy Megatrend” This information was included in the $47 subscription rate, along with his other picks listed in the ePortfolio. I also received another report titled “5 Technology Stocks That Will Power The Next Industrial Revolution.” That reports suggested: TER, MBLY, SSYS, DATA, and DLR.
Wow, so much for “this midwest company” and “this $10 stock”. Not shocked though. Typical shameless marketing from BH. Ormat will have to become a $500 stock to see a 1,000% gain.
Another play in parallel to ORA is US Geothermal ..stock symbol HTM. The stock is at ~$4 now, but read their investor presentation here http://www.usgeothermal.com/PDF/FINAL%20Corp%20Presentation%20Q3%202016_PDF_Version_091316.pdf look at the end ..their 5 year plans. If it is not ORA or HTM then the last company in this space would be Calpine CPN.
CPN fits the midwest–Houston. Also price, 11. As well, market cap–$4B.
Regardless, none of these stocks are moving. This looks like a patient play.
it is in the price range of PU
I, too, am a PU member but apparently we have been abandoned as there is now a new campaign out there for more membership of PU and we can’t get the info for the new ad even though we are already members!!!
That said, I got my $47.00 worth of feedback. STM, QRVO, TER. I also picked up KN, FMI, INVN and a few others that I NEVER would have bought had I not spent the $47. (Long but true story.)
You have to do your own work.
Funny thing is that the PU “portfolio” doesn’t have all these stocks. Ever notice that?
All said, I bet have made–netted– at least $30,000 in about three months– indirectly, because of PM. Not bad for three months and 47 bucks.
But half of that $ came from MY knowledge and not Paul’s. In other words, as a former stockbroker of 45 years, I do know a few tricks myself. But Paul helped with his thoughts.
As for ORA, not a chance would I buy at this juncture. Look at the chart.
We need to continue guessing (here) but we must be cautious with our actual buying. A guess is nothing more than a guess.
They can be deadly expensive guesses.
http://banyanhill.com/profits-unlimited-geothermal-reports/
any new stock tips from Paul for March/April?
I would pay to someone, who joined, i already know the first 5 picks, but the service is closed at the moment and i cant join.
I wish i could join the service.
Just a quick word to the wise, which apparently I am not one, don’t fall for any of the scams coming from Banyan Hill, Paul Mampilly, JL Yastine or Chad Shoop. The so called Extreme Fortune news letter is a very elaborate scam that fails to deliver. The five initial picks are all losers to date and are not even rated as buys by any stock market guru. Most reputable news letters at least allow you to take a trial spin and see if it is for you, not so with Extreme Fortune. They have the audacity to say pay up, no refunds and if you don’t realize the gains you get a second year free. What a bargain, a second year of worthless drivel.
I kind of agree with you and duped. I am one of those suckers who subscribed to a few of their services including Extreme Fortunes- which I feel must be the biggest ripe off. If they are really confident about it, they should offer to give you the $3,000 back after 1 year IF they failed to deliver. But no, you just get another year of subscription, get to lose money for another year…lol.
If you add up the math, they already made at least $3 million in subscription fee regardless of what happens in the future.
They claim they want to help the “average” American investor make money, but what average American investor actually has $3000 to throw around just for investment advice??
I joined because I was super curious to see what it was all about, and at this point, I find it extremely hard to believe that they will deliver what they promise. Certainly hope they prove me wrong!:)
I have an offer for you. How can i contact you.
You will never figure out a way to do it. So I’d suggest not trying.
This is ridiculous. Who goes first?
Wonder if I can claim the wasted $3000 on Extreme Fortunes subscription as a write off or lose in the market? Anyone know?
Many folks can claim the cost of investment newsletters as an investment expense — sort of like advisory fees or margin interest. Check with your tax preparer.
Thank you Travis. Another comment I want to make about Bayan Hill Publishing is that I feel that they try really hard to get you to sign up for their “lifetime” membership subscriptions- which really makes you wonder how legit and professional they are…
Not so in Canada:
8. Subscription fees paid for financial magazines and newspapers are not deductible under paragraph 20(1)(bb)
I have been a member of Profits Unlimited since the end of Septmeber. I did a lot of research (months) before jumping in. Although I hate the direct marketing approach, I think Paul Mampilly is very sincere as well as great at his job. I have bought ALL of his picks and am not disappointed one bit. STM is up over 90%. DLR is up over 35% and on and on it goes. Stick with his picks, he even tells you when to sell.
I wasnt able to join, i can give you some of the money back.
Hi Joro,
I appreciate the offer. Leave your email and I’ll think about it. While I do want and hope I never have wasted the $3,ooo on it in the first place, I don’t know if I want to be the person or sell out for “disrupting” the group. If you really want it that bad, I am sure you know that they are starting this new service True Momentum for $1,000 right? Honestly, paying $100 for any of their newsletters I think is well worth the money, but anything beyond that is a waste of money. If you are just the “average” investor like most people and say you only have $10,000 to invest evenly in all of their recommendations as they suggested, do the math- the money you make from the “gains” after tax is not even enough to pay for the hefty $1,000 subscription fee they charge! The bottom line is no average investor should pay the outrageous fees they are charging on some of those services, which ironically they claim are made for!
joroiliev@gmx.de
Would be interested in helping someone pay off pu with$$$
Not sure what you mean by this, Paul. What are you getting at? Today’s drop? Wait till Monday and see what the Nasdaq does. If it’s down big in the AM or at the end, take a look at individual stocks to buy.
Stocks like PI and IVAC, no one has ever heard of them. They will be going down in sympathy. Some might be steals!?
Does somebody knows the stock for march?
Joro,
Since you “already know the first five picks” (even though you wished you could have joined), I’m sure you can figure out the monthly ones yourself.
Maybe i can, but thank you for the meaningless comment. If the point was to make me share them with you, this is not the way.
These are the results so far: 23.46
5.01
9.16
-13.23
-10.66
joro,
maybe you can share your thoughts on the 5 picks?
Would you be willing to share the 5 picks with the rest of the group?
Did anyone figure out the other 3 stocks or know how there doing?
It will be nice to shear the 3 remaining stocks if you know them. I subscribe to True Momentum. The stocks are CGNX, THO, USG.
Hi Wizard, I had USG but sold at a small loss as it’s been weak but may buy back if it goes into the 30’s … Thor hasn’t done much lately … what’s your thoughts on Thor and others? I’ve owned Stm for a long time even before it was recommended… it’s had a little pull back but I think it’s going much higher. Nvda looking like a good price near 101/. Also… yes
It would be great if someone shared the Extreme Fortune picks even if they have already moved up it would be nice to see if he was right.
It’s been a roller coaster ride but as of late the overall is much better. PM’s latest picks have been solid. Most, but not all, of the early picks are looking optimistic. BH launched a new service recently, Peak Velocity (which I joined), and it is really exciting. It involves options trading and the brains behind it is Michael Carr. Very impressed with him so far. Getting a great education in the options arena. Heard of it?
As a subscriber of Profits Unlimited (the $47 buck program), here’e the impact of Extreme Fortunes (the $3,000 program): The fisherman (Mampilly), doesn’t know whether his latest idea is ‘3000 buck’ material or ’47 buck’ material and, consequently, which ‘stock’ he likes, i.e. the latest one, and which ‘stock’ should go to what membership.
There are too many lines in the ocean.
I am NOT saying Mampilly is a bad guy; he is not that. Not at all. Just speaking as one man who, like Mampilly, spends 16 hours a day at this stock picking thing and sees for himself the tea leaves right now are probably best left alone.
The market right now is tough. The market is fighting so many crosscurrents its hard to know what to hedge, how to hedge and whether hedging is even necessary.
There’s an upward bias. But…………there’s politics……and more politics……and…
One thing that worries me: every single chartist sees the same thing. The obvious. Hence, there’s a lull; there’s a quiet going on–a stalemate of sorts.
Either a renaissance is looming or a giant colossal cluster—- is gathering.
Any and all insight would be nice to hear from those of you out there.
Lets hear what you guys think. And why.
I’m very bullish right now … think it’s a great time to start buying more tech on these recent dips. If your in stocks your always worried but it looks like the usual profit taking as companies report their earnings. I just bought more STM
What’s everyone else think?
While I agree that the chart says push the button NOW for STM, I hedge only per my post immediately above. The Georgia election is important and could send the overall market on a 1000 point slide.
The media is trying to kill this country–literally–for the sake of keeping their power. (I have to admit the bully pulpit the media possesses is as horrible as it is imposing and daunting.) The media wants the progressives to win. As to why, it is no longer important.
That said, FMI and STM look great to me. It’s only a question of the headwinds the R’s are facing as it tries to legislate and govern against the wishes of a powerful media cartel.
Countries throughout history can get brought down by a variety of forces.
Those forces are present today.
STM is a good buy as well as PI in the IoT space. My concern is with APRI which was one of Paul’s 5 picks in January…and is way down.
I don’t think APRI is that great a company. I was surprised Mampilly chose that stock. That said, if it gets approval for its ED drug it will go up 10 bucks in a day.
As for FMI, here’s is what people don’t get: It already has it’s drug (so to speak) and it’s drug doesn’t need approval; it needs Medicare approval which, one has to assume, it will get.
In other words, there’s no risk! The stock will go up whether you want it to or not.
I’m a member of both PU and EF, joined late PU around December so missed the STM train, most of Paul’s picks have been good so far, I take multiple 30% gains on PU, EF is pricey , far more volatile with biotech picks but it’s starting to look better as of late, FMI up 50% since recom. Only time will tell, I like Paul’s rationale on the pickings and seems very professional.
@ lomo81
Would you be willing to share all of the picks thus far from Paul via your EF subscription? If so, I’m sure they would be greatly appreciated from everyone on this forum. 🙂
The initial recommendations from Paul were CRCM, FMI, and APRI, and PI. He also recommended USG, THOR, CGNX in his cheaper newsletter. APRI is the only one that is going down the drain…down to 1.13 from 2.70. Is this a good buying opportunity? What does anyone else think about APRI? I do not know the medical market well. For sure PI (IoT play) is a good stock.
APRI was not an EF pick..
‘bluedancer’ highjacked this thread and began promoting (insisting) APRI was a pick. He made FIVE posts on the subject! Of all the suggestions here, APRI made the least sense.
APRI always looked– to me– as a sucker play. It may work out….but it’s likely to go to 50 cents and sit for two years before there is real news.
Do you know what the other 3 are as some have mentioned some of them but it looks like they are unsure of them or guessing. I know FMI and Crcm. Does anyknow the other 3 for sure? Would like to know and see if it was worth it to get in so the next time they offer this service we could upgrade to it if it has value.
@ archegos2691
Thanks for posting these picks from PM. Would you (or someone else) please continue to post new picks from PM for those of us, like me, who can’t afford the 3K per year EF recommendations from PM.
Hi Lomo81,
Could you email me at stockfox@aol.com
I’ve been trading stm for a while and had a question for you.
Thanks, Mike
I am in PU and missed EF and appreciate at least knowing what the first 5 were … some have mentioned some of them but it looks like they are unsure of them or guessing. I know FMI and Crcm went up a decent amount. Does anyone know the other 3 for sure? Would like to know and see if it was worth it to get in so the next time they offer this service we could upgrade to it if it has value.
FMI for sure. CRCM probably. PI should be one even if it is not.
As for the others, I think we should revisit this as often as necessary.
That said, those here that have an agenda like ‘Blue Dancer’ did here–promoting his stock, one likely he was in– should be called out immediately and not allowed to persist.
Indeed such behavior is harmful and worse, plain stupid. Pumping a stock NEVER has worked, not even one time. It’d not like pumping anything changes the fundamentals.
Hank, thank you for the correction. I felt victim of this and ended up buying APRI thinking that this was also a PU recommendation.
Was there a PU recommendation for April? (in addition to the original 5 when they launch the newsletter). Paul promised one stock pick per month.
Thanks Hank,
I understand people paid so don’t want to share when stocks first came out but it’s been a while now and it would be good to know what they were Just to see how good they have done. So hope someone will step forward and share the other 3. This site is great for sharing and somewhat based on stock pitches anyway. Has Travis been able to figure out the other 3 or any more information on this?
IF, IF all you are fishing for is percentages then call BH and ask them.
We’ve got a somnolent crowd here. As we all know by now, PM has “Opened up” his ‘Exteme Fortunes’ program citing his success, which is: 120%, 192% and 252% for picks so far.
Hence we have confirmation: FMI and CRCM are DEFINITIVELY the first two picks. The third I’m not positive but before we go on lets put all this in perspective.
Mampilly has two sure losers: (1) the silver play and (2) probably the pharma play (pharma for those that don’t know is really hard). There are tons of pharma plays and given PM already had FMI as a pick–a hybrid pharma–I’m surprised he bothered to go there.
These percentages of Mampilly are based on one calendar year. Hence, 252% (CRCM) is up quite a bit but, basically, 1/4 of that total in three months. Likewise FMI (192%).
Not small potatoes, mind you, but who here bought even 1000 shares of ANY of these stocks. I didn’t.
I did buy 700 shares of FMI and 200 shares of CRCM…..so I’m not complaining. I also got a lot of money’s worth from Paul’s $47 buck program, ‘Profits Unlimited.’ By my estimation I’m up a grand total of $36,000 total buying stocks of his and, more importantly, adjunct stocks that I never would have bought had I not spent the $47 bucks.
Here is what ‘I’ would do now (yes I know I am not PM).
I would consider buying the following:
FMI (right now)
PI (careful this is a new issue, but looks good tonight)
CRCM (right now)
NVTA (another FMI)
IVAC ($237 enterprise value, worth $1 B in 18 months, IMO.)
Also consider another FMI: CLLS (a French FMI.)
Off topic: PYPL, a Mampilly stock, is on the march. Looks good to add.
Finally, another interesting stock to watch is APA. (Oil will not go down forever. Pays 2% dividend. Long positive story here.)
Lets hear from you guys. And if anyone has anything to say, speak up and try to explain your reasoning……… if you have any.
Hank, you seems to have a lot of experience and do quite a bit of homework — using PM as a stepping point for more investigation. If you has 50K to invest right now which stock(s) would you buy?
I’ve asked myself that very question, Bill, about twice today….and everyday. With futures, for sure I ask that question. (But there’s nothing in futures right now, IMO….except maybe the Mexican Peso long (I’m lightly long) and, ditto, the British Pound, also long.
No guts right now with the Pound. Conviction is the only thing when it comes to futures…..as you MUST know.
Stocks you ask?
Well tonight its PI, IVAC and FMI. I have no idea what’s the right order. And boy is that THE question, Bill. (I’m talking about the order.)
Right now those three are keeping my 40 or so positions in my stock portfolio humming, with Merck being my one position that never changes.
PI, being so new, is so risky because of it’s newness. That said, I got their annual 10-k today in the mail, and they said they believe ‘they’ are the only company that does what they do! (That’s interesting.)
FMI will go to its old highs, I think. It’s overdue and cheap for that reason alone. (I mean the old high appears to be a given.)
IVAC ‘s enterprise value is so low there are guys in my neighborhood that could write a check for the company. It is such a great stock for the TODAY’S MARKET. (All three are actually.)
Seriously, with what little I know, IVAC may be the cheapest of the bunch.
One other thought, BILL: Mampilly will read this. He’s that thorough. I doubt he would disagree with what I’m saying…. one bit. (But he’s “not here.” If you know what I mean. 🙂 )
That said, I believe Mampilly works harder than me. And I work a lot because I really like it. Hence, I reiterate, PM’s a decent guy to follow. (look how he got out of GE two days ago. “Sell immediately,” he said. (Got to like that!)
And one other thing: CRCM may be the best of any one’s ideas. It’s hard to believe a website stock could outperform three companies that are filling REAL needs but, hey, Micky Mantle cards are worth more than many 300 year-old American period antiques.
Go figure.
I just can’t do ONE STOCK, Bill. If I could, I’d do it for myself. I hope this helps with your query, though. And thanks for the question, too.
Others to consider:
RAD (here? why not)
All of Mampilly’s tech plays are still good to great.
MU, QRVO, TER, ADI, KN, STM, FLIR are tech stocks “I” am in…..and have been for most of their recent ride.
P.S. I pay zero commissions. I mean I don’t even pay $7.00. I repeat: I pay zero. I’m at Wells Fargo “WellsTrade.” As a former broker, I know this zero cost means everything.
It’s amazing my home computer is better than what I had at “work,” i.e. when I worked as a broker.
Hank,
PI is on the move again…7% up today on better earnings…Also Qorvo Inc(NASDAQ:QRVO) (same space is up). I am checking IVAC out. What do you like in this stock?
No EF stock pick is over 100%
I guess I have to look at these sites(stock gumshoe) a little more closely, so much negative feedback, and I believed it. a few years ago when I first found it while checking out an investment service you shut down, I wish I could remember which one as they may have done as well as “Profits Unlimited” but because of your negative advice I will never know. I am a stock, options and futures trader and have been for many years and here is where the problem lies, when you guys with no experience buy a stock and it goes down you fall to pieces and start blaming anything that moves and ask for your money back, you are going to experience this, drawdown, often with trading and if you cant handle it, go get a paper route. Also to be clear, there are several services called profits unlimited and I am referring to Paul Mampilly’s service, this guy was an award winning hedge fund manager. Have not joined the extreme version yet but may. I am doing mainly stocks now as it takes much less time and I can do other things, but 1,000 % over a year or two is entirely possible with stocks, I have had 700% in options in a week, also I have been up 160k in a 5 week period with options on momentum stocks, so it is possible, it is not easy and takes years to learn but is easier with a good service or coach, just have brass balls cuz your gonna need it and dont come to places like this to bitch and complain after only a few weeks, give it atleast a year.
I don’t know who you are referring to about ‘negativity’ but Travis is more of a “website guy,” not an investment person. This website of Travis’s is useful; his investment advice is not. Indeed his STM call was horribly off but, in my case it, Travis’s opinion only confirmed my upward bias ( I looked at the chart) and I bought the stock relatively near the low.
For the record, I had my futures licence 40 years ago long before I became a stock broker. I’ve been doing this 40+ years and it sounds like you have as well.
If so, the negativity thing you refer to, while even the best of us are vulnerable to it, is something you should know better how to handle, IMO. (Really, I do understand. I’ve been talked out of many a good trade and I’m a veteran.) But that said, any “futures trader” is a chartist by default. Charts don’t tell the whole story but they often tell 85/90% of it.
You are certainly right about PM, he is legit. Having a good coach ….eh maybe. As for me, I just like ideas PM provides, ones I can parse through and make up for my own mind. Paul is probably better than anyone you see interviewed in Barrons.
That says it all.
Frankly, there is none better out there right now.
Found it interesting that the examples of 1000% + gains were over multiple years yet the pitch is to achieve those gains within the year. Guess that if he can produce 50% gains subscribers will not complain and at $3000 over two years (one for free) those gains would justify the costs?
It’s all about how many shares one has. One might argue a small fortune has already been had by those who bought 10,000 shares of FMI. And they are now out!!!!!!
These hedge fund managers use other people’s money. It’s easier for them. They buy millions of shares then get 10% of the profits. (They have little to zero personal risk.) It’s not so easy for us. That said, I’ve come to the conclusion that I have to step up bigger when I see something. So do we all. Otherwise the opportunity–the brilliant advice–goes to waste.
It’s hard. Today, for instance, might be an opportunity. Then again, it may be the beginning of the end. As it’s probably not the end, I am looking at the chart of every one of my stocks to see which chart(s) look healthy in spite of the pullback.
APA looks very good. FMI looks less good, but still very healthy. There are many others to look at.
As for Mampilly, I don’t see any reason for complaint. His picks, his focus on tech, have been exceptional. The hard part is the part PM can’t help us with.
It’s ourselves. The ‘ourself part’ comes only with experience. And then….. even more experience after that.
Right on Phybeoptic. A 50% win is huge. Not likely to see a 1,000% gainer In a year much less 42 of them. EF advertised a higher number of picks than it actually produces. The marketing is nauseous and I’ve learned to look past it. Guys like Yastine (pitch man) for Banyon Hill (BH) is like a cheap used car salesman. Zero credibility. Just a voice on a video. Obviously sold his soul to shameless greed. Mampilly has a verifiable track record. Michael Carr has a track record (although horrible with BH so far. He is delusional over his 4 lines of code. Yes, gets in and shines for a bit but he needs to admit that doesn’t mean anything unless you can get out at a profit. So far a BIG loser). Mampilly continues to produce long winners. If you have some years ahead of you he is simply the best. Perfect? Nope. But let us know when you find one better.
One more Mampilly Pick is NRG NRG Energy Inc ….supposedly will fly 700% as more electric Model 3 Tesla Cars are sold. To be re;leased later this year with already 400,000 pre- orders, totaling $10 BILLION for this $30,000 electric car!
May be one to watch?
ggswift, which program did Mampilly’s NRG recommendation come from? EF? Was this a momentum pick?
And how long ago?
Any energy pick has some logic to it, IMO, as energy is down……but never forever. Of course there’s so much of it lying around, practically in everyone’s backyard, maybe it is down forever.
It does cost money to get to one’s house and car, however.
Are you sure that NRG is Mampilly’s pick? Where did you get the info? I thought we discussed this already that his pick in the energy sector was ORA..not NRG Read the reports here
https://banyanhill.com/profits-unlimited-geothermal-reports/
NRG appears to be the “free” pick from PM’s new True Momentum service.
NRG is not a terrible pick; it kind of ‘meh.’ Free is a good way to describe it. It’s an Elliott activist investor pick and, lately, Elliott, who has more money than God, has NOT been ripping it up. (Probably because he’s long past being hungry.)
In other words, NRG is safe and LOOOOONG term.
But then so was GE– a silly one on PM’s part.
Paul is still the best, though.
And speaking of PM, THIS thread is the best thread in ALL of ‘Stock Gumshoe’ threads, IMO. It should be buzzing. What is wrong with you guys? What are you wondering: Whether to buy bitcoin? Really?
Just try reading the other threads.
C’mon guys. Perk up.
I agree Hank. PM has great takes, whether we agree or not. I am a PU guy and look forward to his perspective whether I am looking to buy, put on watch or just expand the horizon.
Im curious about the IVAC ticker you mentioned a few posts back. I assume it’s in the EF or TM portfolio as I haven’t seen it in PU. Interesting niche play potentially but seems to have hit a peak for the time being.
Any further thoughts or comments on IVAC?
IVAC, from what I know, is NOT a Mampilly stock.
I first learned of IVAC in a late December ’16 Barron’s article. I bought 2000 shares around $7 because of the article. The article–an interview– explained the stock’s undervalue definitively. It went up that Monday and never has looked back.
Barron’s has a good suggestion every 4 issues or so.
It’s funny you say IVAC may have peaked. It may have. Right here is where that article said it was SURELY WORTH! (I did the math.)
And speaking of selling, that is the hardest part. When to sell profits is incredibly difficult. That said, I’m staying in.
One other thing. It appears a lot of these companies have patent risk as their biggest problem. IVAC like PI have that concern.
Question: Is PI an official Mampilly pick? I’m not so sure.
Again, Mampilly is good, Barron’s is useful; Stock Gumshoe has plenty of good ideas amongst a ton of ‘so so’ ones. I stopped watching Cramer years ago. I chart all day long. Futures are a must tool as an alternative. (You have to watch futures every day for patterns.)
IMO, you need about 5/6/7 sources for review and then watch, watch, watch, parse, parse parse. Did I mention, PULL THE TRIGGER.
P.S. FMI was a Barron’s stock long before Mampilly. Paul caught the wave though.
Which is the whole point. Thus FMI is really Paul’s win.
IVAC was not a PM pick. Given that PM picks with BH are young you can evaluate TODAY but more time is needed to truly see the high end gains. EF picks have been volatile. Patience is needed as these companies mature. 1,000% gains in a year doesn’t appear achievable so far. BH marketing is deceiving. Unrealistic for sure. Doesn’t mean you won’t significantly surpass the market return average. PM raised $3M in 48 hours for BH through EF. The guarantee is a “free” 2nd year if BH doesn’t deliver. No skin off them. They raised $3M in 2 days. IMO a pretty good 2 days. BH is struggling some with the new service. Not selling well. After all too many services beg the question of why doesn’t the one I belong to have that pick? Where is the saturation point and when does BH let go of greed?
Yes, I do gather BH are strong on promotion. Also, Mampilly’s pharma and silver pick have to be underwater. I haven’t heard much buzz for the additional ones either.
Still, I don’t think investors/followers have much knowledge about how things work.
Hedge fund managers have been getting fired left and right. Goldman Sachs has been wrong for about 18 months now, on many of their calls.
PM is as good as it gets but that said may still mean you are losing money!!!!!!!!
In other words, don’t blindly buy anyone’s best picks.
Pick and choose. Then blame yourself.
So PI is officially a PM pick then?
Not that it matters. It should be.
You are correct about being under water so far. Also correct on ur official assumption.
Overall the picks are solid. PM blames market makers on the pharma stock. If you read the technicals phase 2 showed no clinical benefit. He hasn’t admitted that which gives reason for pause.
Only been 4 months and making money.
Just SayN you are one good poster.
On the morning of the big EF promotion I was listening to the thing. Coincidentally, I had been planning on buying FMI due to my own research. My plan was to pick up a lousy 200 shares that AM.
After the promo, I was distracted for a bit, then checked on a few things and was stunned to see FMI skyrocketing.
I frantically typed several things into google and found this website as a result.
It confirmed EXACTLY what I had guessed. Hence, I went bigger (700 shares). So kudos to Mampilly, kudos to Travis–this guy deserves some credit here– and I’ll give myself a pat.
The three best picks–are you kidding– and all of us here got them.
That is all I wanted. Indeed, I only wanted the first pick.
For the record, I don’t need a pharma pick from any genius. It’s always Phase 1, Phase II, Phase III then disaster, down 75%. Bad result. (I’ve been there.) The FDA is the only genius with biotech.
With silver, just buy the metal. (The contract is too large, however.)
In any event, its all about the work. Even $3,000 won’t do anyone a bit of good unless they pulled the trigger and bought 1000 shares of FMI, and 1000 shares of PI.
And we all know 1000 shares is not much, either. I’d love to know the numbers on how many actually went BIG big.
Our work provides experience; the experience allows one to pull the trigger. That said, all the money in the world won’t buy courage.
Whether anyone went “big” or not, it’s still adds up as experience for the next time.
Great stuff.
Thanks Hank. I enjoy your take on things as well.
Congrats on FMI. Looking good for Medicare approval later this year. Will pay more attention months from now unless the Trump budget forces early intervention.
On board with your Travis comment. Feel he is the best at what he does.
Tesla was upgraded today and NRG benefited. Stay tuned folks… and yes, kudos to PM.
Hank, a few other ideas for stock picks that I like (I like high tech by the way as this is what I do for work) are 2 small companies in the video game business. are Glu Mobile Inc. and Zynga. I bought GLUU when it was around 2. Both of the are the “last man standing” of small .standalone video companies and they will most likely be acquired soon at a premium. What do you think in terms of their fundamentals?
I don’t know the fundamentals; I know the technicals which are said to be a reflection of the fundamentals.
I think the technicals look decent for both. GLUU at 285 MM enterprise value vs $2.3 B for Zynga would make me chose the former.
That’s one minute of analysis for you
Hank and Just Sayn what were PU’s pharma and silver picks? We said it was not APRI. Was it OPKO? Also what was the pick for April and May? He promised to give a pick every month.
I don’t think Just SayN is saying anything regarding those other picks. (And he shouldn’t.) And I have no idea what they are.
The stocks, however, may be worth more now because they are down. But we can live w/o ever knowing what they are/were.
OPK, though, hung on for a second around the time Mampilly had his press conference, then it tanked. It’s also in Miami near where Mampilly lives.
The technicals look ugly but with biotechs, technicals aren’t that useful as they don’t reflect hidden data. That hidden data will send the stock to zero (at this point) or it will go up five fold.
How about that for useful advice? Sorry, no help on OPK.
Really?
Really what?
Are the “other picks” NOT worth more? So less then?
What does the cryptic word, REALLY, reference?
OPK? My analysis? (I said I had no idea about OPK’s prospects.)
Feel free to tell us what the “other picks” were. I’d like to know them myself.
Hank- I’ve been doing some more DD with IVAC and it does indeed seem well diversified and poised to grow from here. Perhaps my peak comment was a bit premature as it has most likely taken a break on a long flight of stairs. Their investor presentation from February ’17 lays out what they believe is a multi billion dollar road map in defense, oDLC applications, HDD storage solutions, and solar. Very impressive. Thanks for the insight and peak into your personal top picks. That’s what makes this forum so great and evolutionary.
As for me, I’ve been putting my chips into SQNS since September 2016. Leadership position in LTE for IoT. Bread and butter is LTE broadband/routers right now but their future lies in CAT M/M1 and NB-Iot for M2M connection. Just my 2 cents but hass paid off nicely the last 6-9 months. In line with PM’s IoT megatrend
Eddie, my feeling with IVAC is the chart pattern is tame. In other words, there has been NO blow off. (UP blow off) Indeed, there has not been even a consolidation pattern which is usually just, in this case, the first plateau.
SQNS looks like it needs to revisit its original price, a double from here, BTW, before it even decides what to do next.
More importantly, it looks like its READY to do the double now!
Thanks for the suggestion.
Hank, I enjoy your insights on things. It is good to hear from a seasoned professional.
Thanks Steve. How about FMI. Kudos to Mampilly.
Hi Hank,
I like all the info you share! Thanks
I like PI and Stm looks like it will move up again soon… so buying in the low 16 area
I have seen the posts about PM and his services. True Momentum is being promoted for $1995. I was wondering if anyone would be willing to share their experiences with this service.
I don’t belong to TM but I do subscribe to PU and EF. I like Mampilly and am satisfied with him. His first TM pick was NRG. I sold it yesterday for a 61% gain. Don’t know any of his other TM picks.
The funny thing is that since the recommendation by Paul the stock is up 95% in 4 months. Cant Beat that!
Paul, you are correct.
FMI, PI & CRCM are solid picks. The rest of the picks that PM put forward were not so great. Add it up: PM is fantastic, especially for those of us HERE (!). After all, we never learned of the others–we got only the winners. And we didn’t have to pay a dime.
Heck, I only wanted the FIRST pick.
However, how to add to those 3 winners is a conundrum. Sell puts against them….good strategy for PI, perhaps. Buy more? Maybe for FMI. As for CRCM, I’m going to wait and see if this is really a “good” stock.
The market wants to be crazy.
How would you know Hank? Ur a phony. PI would pay for the service alone. The rest of the picks will mature. Any “insight” you post is readily available on the internet. Really???
I said we (here) got three free ones, nothing more. That was not only true; we received them in a timely manner. As for the rest, I was quoting you….see above. The silver and the pharma picks you say? (Well, we know silver itself has gone down.)
That said, I don’t know what the rest are and I haven’t found them on the Internet. And I’m on the Internet all day. “That’s phony” you say? That is the truth. So is the rest.
I’m happy with my three ‘free ones.’ If someone else has paid $3,000 and is making more ‘net’ money than with the three above, where I concentrated my money, I congratulate them.
Like you said, PI alone would do it. Much the same with FMI.
Hank,
What do you think about BPMC?
PM came out with his latest ad asking for new membership in EXTREME FORTUNES. The ad touts gains of 23%, 53%, 61% & 85%….”among others.”
This advertisement underscores (confirms) what has been said here many times: FMI, PI, and CRCM fit the bill for EF’s best picks to date. It didn’t cost those here a penny to ascertain this information. We got the information, by my reckoning, the first day! But perhaps there was a day lag, or so, on CRCM.
Good work to all; good work to Travis.
That said, as with all investing experience, ‘due diligence’ is STILL NECESSARY to win big. A $3,000 outlay won’t do any one of us here any good–even if the outlay brings genius advice–unless we know how to follow such advice.
And bet big.
We all get better every day through experience. My biggest mistakes often concern not buying enough. That mistake of mine is as prevalent as buying too much.
Hank,
I tried to ask for your opinion on the newest EF pick, but I think I have been censored every time I name that pick!:)
Moon,
Cryptic picks are hard to respond to. Just the symbol letters will do.
That said, I, too, am trying to speed things up. Threads should never die. It’s just not my site.
Who knows what the issue is?
Vincent. are you referring to FMI? What are the May and June recommendations from Paul?
BPMC
It took my post 8 hours yesterday to get posted even though it was benign. As things got strange here, I think they put a filter on the thread.
That’s part of what I was told. My post went to spam. That is a drag for us all.
As for BPMC, there are several technical ‘check marks’ in play:
(1) Perfect Market cap $2B
(2) Powerful chart
(3) Sizzle (cancer stuff)
On the technical side I see more upside risk than down. It’s a buy @ 49 (or a place to add). The pattern looks like there’s a possibility of a quick additional 10 bucks up. Right this second.
I don’t know the company. I have given up on biotechs for awhile (except FMI which I think is VERY cheap, even here).
But, I HAVE noticed a pattern with biotechs, especially those that are in Phase 1, which BPMC is with all 3 of their drugs. They can rise in value, quickly, and get very high.
So BPMC may really go. I would watch the market cap. If the cap get to $3 B, I’d take profits and not second-guess yourself. These companies have nothing to sell at this point except a takeover.
No matter how great their prospects, they have no product. That is NOT TRUE with our friend FMI.
Best of luck.
I think this might be the worst EF pick so far from Paul. It was already at $55.78+ when the pick first came out on July 5. I find it hard to believe that this stock will ever generate 1,000% return in the next 12 months.
Again, these stocks wait around and invariably make their first run (often during Phase 1). After that, it’s Phase II and early on Phase III whereby the pro traders have already timed their exits long ago and everyone awaits the PROOF the company has a real drug….and the stock retreats.
The stock can go back down forever. That said, this stock, recently, has made two measured quick moves upward and it is likely safe around 50 bucks.
I don’t think this run is over. There could be 50 bucks left. Really.
Mampilly likely looked into the fundamentals and, who knows, this company may be the one.
There are so so many of these stocks its just hard to pull the trigger in any meaningful way. There are hedge funds that own every single one of these guys–a number which runs into the 1000’s of different stocks.
Thanks for heads up on this pick. Every pick helps.
I may pick up 100 shares. Why not?
Hank, check out ATNX (is NOT a stock from Paul). I got the recommendation from a good friend and I bought a few shares. Looks like a good stock in pharma…with good drugs in cancer treatment…went IPO recently.
Arch,
Thanks. 200@ 16 sounds like a plan (for me).
The world has gone biotech mad. Good for our health but, perhaps, bad for investors. I don’t know how one can sort them all out…which is part of what I have been saying.
Some will go gangbusters; most will not.
I posted this on the Peak Velocity discussion forum already, but since this thread is related to Banyan Hill Publishing too, I just thought to share with everyone here too:
I knew Michael Carr and his system was a piece of sh*t, just from the fact they were SO desperate for membership. I think Chad Shoop’s Earnings Drift is probably horse sh*t too. They have the audacity to try charge $4000 with no refund when he has not even proof himself yet! His Automatic Profits service is awful. He picks the worse stocks and his timing for entry is even worse. Even stock that he picks drop like 5%-10% within a week! Out of the last 12 stocks that he recommended, only 2 came out on top!
Does anybody know how Paul Mampilly’s True Momentum is working out so far? I know NRG went up like 27% in 1 day, but some of the others have not been doing well such as USG. I had the option to join for $900 only, but decided not to because so far a lot of the services are just crap….
My instincts agree with everything you posted. The whole clan is a worthless group shilling for a living. This is usually the case with most. I think everyone here knows this.
As for Mampilly, he is a real worker but he, like all of us, makes his fair share of bad calls. I think one of his problems is he HAS TO MAKE CALLS. Sometimes when none are available.
I have avoided many of PM’s worst calls for a variety of reasons. CMG I didn’t get involved in because I never buy stocks that expensive, certainly not restaurant stocks.
Regardless, I use my own judgement as well as trusting my own abilities.
Mampilly is one of the few people that have provided a decent dialogue to listen to. Hence, he has helped me. The Motley Fool is always out there teasing and occasionally they provide food for thought.
I always recommend reading Barrons, the WSJ every day, both sections, and charts, charts charts.
Charts will help us through this recent pullback in PI, FMI, et al.
I swear to God; its all about the charts.
I think we can/should make this forum about anything we wish to discuss. I have spoken to some people here and they say they are working on expediting our posts.
This thread seems to have been grandfathered for access. We all need ideas. Maybe not any more biotech ones–I mean really, how can anyone know about those–but I look at everything.
And if someone here can answer this one for me I’d appreciate the help:
WHEN DO YOU SELL?
I have given back too many big runs. One in biotech; the other in Rite Aid being two of my most recent. I did the right thing but didn’t reap enough of a reward.
Hank,
We are in the same boat; I hear you. I brought Rite Aid at $6.00, and should have sold around $8 or $9, now it’s $2.00. This happens to me quite often too. So the lesson- greed is never good. Don’t hold on and try to milk every penny out of every stock. As much as we like to complain about Banyan Hill Publishing, Paul Mampilly actually gives pretty good advice on a lot of things. He said no one should ever bet the house on any stock; there is no guarantee no matter how sure you are about it. Should always invest (play) within your limit. Do not invest (play with) any money that you can’t afford to lose. And lastly, cash out some profits sometimes to treat yourself. This is really the ultimate goal of investing after all.. So overall, I think Paul’s teaching and general approach in life is very sound.
PM doesn’t include the losers that were recommended and then pulled out in his portfolio percentage. Thus the % looks great, but include the losses, and the reality rises to surface. It’s a scam, his suggests are not new news. They are often stocks in a movmemnt upward prior to his suggests. Banyanhill, is trash.
You have to remember all PM’s ‘programs’ have been around less than one year. I think after a year he has to advertise, by law, in a certain way. Of course, he will have moved by then….so.
I do admit there is a lot of double speak in his pitch. At Profits Unlimited he talked about STM in his pitch but never put it into his portfolio till it had risen 80%.
Still, getting advice from ANYONE should always be the same. It’s always our decision whether to accept that advice and, in that regard, it’s best to parse each new stock. Certainly everyone should look at price and recent movement before pulling the trigger.
Regardless, paying anyone 3 grand will ALWAYS be too steep a climb for me.
Hank, Moonlight, etc. Very good discussion thread on PM and his recs. He has made me a lot of $ via the original PU picks. I got in early and will continue this service. I also have given up good or decent runs in CMG, SSYS, and numerous others even though they moved below PM’s recommended 8-10% (adjusted higher as a stock moves higher) stop-loss. I would be better off had I done that each and every time without fail. I even did it knowing I was allowing emotions to take over. Maybe I should have honored the stop-loss by allowing myself the possibility of buying back in if and when it shows positive momentum again. Anyway, I probably need a disciplined approach for exiting that will allow a stock to pull back and breath some before moving higher again, but that will force me to preserve most of the profit I’ve earned.
Patchman, My experience regarding ‘stops’ is they are not helpful in that every ‘stop’ WILL GET STOPPED OUT and sometimes far below the stop price as all stops become market orders.
In short, they do a lot of damage. They can be ruinous.
Hence, once you start placing stops you are really placing a sell order lower than where you are now. So just sell….and forget the stop.
I have come to conclude that straight up moves with three discernible waves often are good exit points. This type of move did not happen with Rite Aid. But Rite Aid did have a recheck rally to a previous top.
I made my mistake there. I just assumed there was no worry when I should have realized, worry or not, there was little upside left.
I got suckered. I suckered myself by not focusing on things. It’s almost as if every position one owns has to reviewed daily.
As for PM, I will renew PU, but I wont’t be spending $3,000 on anyone’s advice, not Paul’s, not any guru…ever. That said, I do think PM can be trusted and if anyone spent the $ they will succeed if they follow everything he says to a T.
That includes proportioning….another thing that is hard.
Hank, what is your take on USG?
I joined EF mainly out of curiosity. Paul so boldly “guaranteed” a 1,000% return, I guess I just wanted to see what it was all about. Plus, sometimes you have to spend money to make money. I am not greedy. As long as it’s a win-win for both parties, I don’t mind paying them money for their services. However, I do feel that the price tag of $3,000 is very hefty for the average investor, which ironically they claim is what their service is geared towards…
USG has developed a flat pattern between 28-30. Each number represents a breakout or breakdown. Market ALWAYS explode to the flat side but when you have two flat sides–above and below– it’s tricky.
There is a slight reason, however, to believe that it will go up. If you notice there was a slight breach at 28 and then a close above that number. (That’s a reset.) There is also a mini trend higher–a positive hint.
This will be a patient play. It could take many months or years. If its years then you could probably throw darts and have a winner in hand.
As no one knows, time is an issue that is never discussed with brokers. I’d stick with it at this point. It’s PM’s call.
Hank,
A couple months ago you mentioned PI, IVAC, and FMI were stocks you liked. Are there any new stocks that catch your eye from a technical standpoint?
Steve, that’s a great question.
First, I think a review of FMI, IVAC and PI is in order.
FMI has “broken down to the flat side.” I’m not buying the ‘break down’ thing. In other words, I’m not obeying my own technical’s. I believe FMI is fine, indeed cheap. (Technical’s don’t work as effectively with ‘newer’ stocks.)
PI has to be a gem. Period. But it’s such a new stock who knows how to analyze it, or what hell is in store. I’m keeping what I have.
IVAC? I don’t know what to say. Ditto above. I’ll keep it, but…..review it……quite often.
As for your question.
MRK is long term good for 90. I HATE the term “long-term.” But MRK will get there in my lifetime and I’m 68. It will also pay me 3% to wait all the while.
MS looks decent. Also it will pay me to watch.
Finally, two oil stocks. I don’t trust oil. Frankly I don’t know what to believe about oil, the politics, the need for it and, most importantly, the world-wide glut of the stuff that, I believe, will NEVER END…..literally. (So much for “peak oil”……remember those liars, er. BSers?)
That said, I am intrigued by one big oil stock (CVX) and one small (APA). Intrigued by the possible investment potential, not the political discussion.
APA has pulled off a brilliant fundamental play putting all its eggs in the #1 oil field in the world–the Permain Basin.
I’m in. ^^
So what keeps me alive…investment wise? I’m long the EURO waiting till it goes higher in order to short it big… maybe this Fall, I don’t know, perhaps around 122 to start the short trade. Yes, I am going to REVERSE my position. But not yet.
Futures are tricky–and not for the inexperienced– but I believe futures are an important part of any portfolio to survive a storm or two that probably (must?) lie ahead.
Everything (now) is price ridiculous and beyond understanding. A friend told me the other day: Don’t even try to understand it, you won’t figure it out.
FMI down even more today … I was thinking of buying more here … any news or guidance out there that may help ?
FMI no guidance yet. Be real interested to hear it. 50% correction from breakout at this point. Gap down today could be exhaustion to downside but likely needs to stabilize.
Biotechs just do this stuff endlessly, over and over. It’s like the trade likes (or doesn’t like) a stock… then one day the trade switches again. With biotechs there is never news about drugs actually working. So it seems. With FMI the company needs Medicare approval.
When that comes who knows?
I’m out of IVAC completely. Didn’t recognize double top and recheck rally below double top. Trade unmerciful…which is typical. Lost 80% of profits.
Expecting PI to get nasty.
I like FMI and PI long-term…very much. Baring a reversal today– for FMI– it will have to find a bottom, fool around at that bottom, and then go up later.
Usually what happens.
Hank,
What is your take on BPMC now? It dropped almost 8% after this morning’s 2nd quarter results. This is exactly why I think some of Extreme Fortune’s picks are garbage and the quality of their service is getting worse. Paul is not the only person in his service that is making all the recommendations now. I encourage all fellow EF subscribers out there to write to them and complain about it! This stock was already up 10% right BEFORE the EF trade recommendation email was sent out, so something is right now. Subscribers who brought this stock are down 12-15% in less than a month!
Pissed….
Hank,
What is your thought on BPMC now? It dropped almost 8% after 2nd quarter profit announcement this morning! This is exactly what I was referring to when I said some of the Extreme Fortune’s picks are just garbage! I don’ t think all of the EF picks are coming just from Paul now. He has some assistants now on his EF service now, which are just horrible. What really pissed me off is this pick was already up 10% right BEFORE the EF email was sent out on July 5th to subscribers. It has been dropping ever since and to top it, another 8% today! Subscribers who brought on that day now lost 12-15% already on it. Something is not right and the quality of the service is going down the drain. I urge all EF subscribers to speak up, write and complain to them!
I think if PM has made a mistake it would be venturing into biotech in the first place. FMI was his cover pick–a hybrid– a biotech of sorts.
Hence, I would not not be picking MORE stocks in that arena. Why? Find a biotech that is making money.
Not a single one exists…..and there are at least 1000 of these guys. I’d rather go red/black.
We now know why FMI has made a 50% correction. Their earnings came in with a bigger ‘loss’ than expected. Mind you, it’s always about how much are these companies are “losing!”
Anyway, stick with PM, and don’t even consider even reading what any of the other guys are saying–those there at BH.
But do read. Just read IBD, WSJ, Barrons, and learn how to take a profit and never go back after you do.
When you learn that, please contact me and tell me how you did it. How you got the lesson and made it sink in.
As for BPMC, it’s still not an ugly chart. It’s actually just fluctuating (here) and it has not made up its mind on whether it’s going lower…….for real.
Did you buy any at all? I think it is a poor choice because like you said, it has no actually products on hand and was selling at $56 a share. They should never have recommended this or at least find a better entry point!
They claimed they spent” hundreds of thousands of dollar” on research for EF, yet they come up with these garbage loser picks. There are so many winners on pharmaceutical companies, why couldn’t they find a better ones?? Take PTLA for example, it went from around $16 to $60+ dollars in a very short time frame. I would expect them to come up with great winners like this since they claim they do so much research on it. I mean that’s what the subscribers paid them to do right, otherwise why would we even need them?
I can’t tell who you are asking but I didn’t buy any BPMC. I can lose my own money fast enough without following ALL of anyone’s picks. I think picking and choosing PM’s picks is best. With PM I have used about half of his suggestions and only regret not taking one suggestion.
PM did his job for me with his PU service which cost me 47 bucks. I got at LEAST 6/7 ideas, all of which have worked out.
Travis, also, did his job for me providing three of Paul’s EF picks: FMI, CRCM, and PI.
I will remain focused on those three^^.
These three EF picks, IMO, are so solid I can’t be scared out of them no matter what happens to them. Not here anyways.
Heretofore, I will try to determine a good selling point to take profits. That time is not near.
As for the rest of EF, I have no idea. If any here want to mention them–good and bad–feel free.
BTW, its obvious all of PM attention is with EF now, as it should be. PU has kind of lost some momentum. At least that’s what I think.
Didn’t buy BPMC. To expensive for EF. It is IMO a future play. Personalized medicine is relatively new needing time to grow legs. FMI will have a decision late this year on their cancer product. So it has near term potential. Until then the market is reacting to earnings. I bought FMI for it’s potential earnings and growth. Current earnings don’t mean anything to me.
I rush and brought BPMC when the trade alert first came out; didn’t even have time to read it. I trusted Paul and his judgment. After I already brought it and start reading, I was man- this is just a horrible pick! How is it worth $56 a share when it has nothing to show for? When Alexion dropped ties with BPMC on 7/27- he should have sent out alerts to sell!
Hi MoonLight …I own some …Bpmc looks like it may move up now … a lot of the movement looks like profit taking and worry over earnings.. I’m holding as long as it stays above 45 … but it could run up quickly from here. At least I hope so ! A lot of Paul’s picks do go down first as they are very volatile … that’s for sure but most do well over time.
BPMC … It is down again today … hope it’s bottoming
Stockfox, BPMC’s real support is around 42.5. The Nasdaq is vulnerable here so these biotechs–all of them- are, too.
Lots of hand wringing on BPMC. It must mean the rest of PM’s stocks are doing well?
I don’t know if it’s considered well, but definitely not as crappy as BPMC where you are down 15-20% in a few weeks! All these financial services are ridiculous now- they all try to make these empty promises. Note that every one of them is NO REFUND now because they know they are not going to be able to deliver what they promise. I think we as subscribers should demand more and make them work for it!
I wrote and posted this yesterday already, but for some reason, it is still now showing up, so I am writing it again.
I don’t know if all of PM stock’s are considered “doing well”, but for the most part, it is definitely not as crappy as BPMC where you loose 15% in a few short weeks!
A lot of these financial services are making all these ridiculous claims and promises. Just note that now they are all NO REFUND. Their “guarantee” now is just another year of worthless subscription for whatever outrageous claims they promised. I think we as subscribers need to demand more from them and make them work for their money!
I think BPMC is the worst pick ever!!! Most subscribers paid $56 plus per share on it, and already lost 15% in less than a month! I think Paul’s two dimwit helpers need to be fired or at least remove from the EF team! They are the one who came up with this pick and did the research on it…… Notice how Paul never talks about this trade because he now knows it is a shit pick!
Moonlight,
You think EF is bad. Hope you don’t belong to Peak Velocity. Stream of losers vs. a single winner. Asked for my money back but BH is sticking to their guns. I don’t like their marketing at all but PM had one heckuva track record over time.
Yeah, despite their relentless and shameless marketing, I did not join Peak Velocity because I have no confidence in Michael Carr at all. Chad Shoop is another one who just loves picking losers over and over again. Why are we even paying these guys money for not even doing their job? That’s why all services are NO REFUND now. We need to demand more and better quality of them as subscribers. That’s all I am saying.
i renamed Carr’s service to Peak Atrocity. High velocity losses. I joined a different Options service and am doing well with it.
So how do we get BH’s attention? I’ve sent emails in the past without a single reply.
They never reply. They just want us to send them emails so they know how to tailor their marketing schemes to the public and generate more profits for themselves! We need to have more public discussions like this and let the PUBLIC know about how shitty their financial advice is!! More importantly, we need to STOP paying them $$ thousands of dollars for BS. That’s the ONLY way to get their attention! It’s all supply and demand. As long as the subscription profits still pouring in, they don’t need to get their act together. They keeping selling you BS with no real substance or remorse.
Agree they have no remorse.They keep coming out with service after service using the same shameless marketing. They all endorse each other which is a HUGE red flag. Easy to tell it’s part of the business plan. Funny how they use the term GUARANTEE. You get a 2nd year free if the service doesn’t perform as advertised. Like this is any skin off their backsides.
I asked them to post closed positions in the eportfolios to track performance. They won’t do it. Another service i belong to has archives of them. Nothing to hide.
Thanks Hank,
I didn’t buy more but it looks like it may be heading back up … if it does reverse I will sell half my position at about 31.50
PI just fell 22%, even after a strong Q2.. does anybody know why?
PI Just fell 22% after Q2 results.. is it on the sell side now?
I don’t think so John. PI has by far the most market share in its industry. Young company subject to earnings results despite it growing around 30% year-over-year. I sold it when it peaked at $58. Plan to get back in when i feel the time is right.
Did PM send an email out with his comments on PI. all his stock recommendations tanked this quarter. (except a few)
When you see gaps down of this size, when you see one-day destruction of IVAC, both comings after earnings releases that were positive earnings, it tells me “the trade” in these stocks is over.
It tells me that value WAS seen in these stocks by value seekers, and then a large holder got out, maybe several large holders.
Trading like this is almost a setup, and why people hate wall street.
But it’s fair.
Few people can protect themselves from such movements, but I had seen warning signs beforehand and didn’t act in time. (Well I had pared back ‘half’ of my position in PI yesterday….but.)
PI will be interesting to watch come Monday. It could start an immediate rebuild, covering the gap with several up days in a row thereby not allowing the timid to get back in, traders thinking they’ll wait another day.
But, alas, its up day after day after day.
I, for one, will look at the market action on PI. The market will tell us what the plan is. Either its going to give up (I doubt this), fool around at this level, up and down, or do the aforementioned.
My thinking is PI has got to be a valuable stock, indeed a buyout candidate. That said, if it has become an earnings stock–a stock looking for proof every quarter– it may be dead for a long time. And any buyout could be a year wait, too.
If it’s any consolation, I’ll bet the boys at PM’s shop-BH– got dinged on this one.
BTW- the earnings on PI may have assigned an exact value to the company, given that the earnings were positive, it provided a measuring point.
Notice the gap and and the close were about the same. Tells me the current price is the stock’s REAL value.
I bought more … I think it will go back up to 45 to 47 area within 3 to 4 months … looks like it was oversold mostly because of a few order delays from a few of their customers
PI is almost ALL GONE now!
See how hard it is. Even they best–no matter who they are or where they are–get it handed to them.
And to us.
What an amazing business.
The question is: Which one do I trust ‘now’ to buy? CRCM? PI? FMI?
I think they are all LONG plays. Emerging companies that have promising futures. ‘NOW’ is unpredictable. I’m looking at least a few years down the road. No guarantees of course but all indications are positive.
I agree. You are right.
I agree that PI can be bought. Again. Maybe here. Indeed, I’m rebuilding my position on this one as I handled this one partly right. (Finally…I have one position I sold–part– before the fall.)
That said, an old man that was a friend of mine, now dead for over 10 years, said to me, “You only have to get rich once.”
I think the meaning of that statement is once you have it just get out and live.
As you and I are starting all over, as we are with PI, it gets kind of confusing. I mean we are back to where we started! Literally.
Long term/short term. Nothing makes sense. It kind of takes the sizzle out of the ‘hot tip.’
In the context of EF, I imagine it makes even less sense. But to your point, maybe its the buying opportunity of all time.
A wise old friend indeed! This is why I joined EF. The way things are going the 2nd year will be free. None of the picks will hit 1,000% in a year. I have a 5 year goal and am willing to be patient with it. I’m not sure guys like us will ever quit this game. Seems like we enjoy it. As your wise friend stated once you get there, live. I take that as slow way down, take far fewer risks and have fun.
Take a look at Plug Power (PLUG). Incredibly cheap right now but look who their customers are. This may be one of those rare opportunities.
Does anybody subscribe EF and did PM send out new email communications?
Yes he did. Last Friday as usual.
did he have any sell side recommendations on any of his picks.
Does anybody subscribe to Chad Shoop’s Pure Income or Earning Drifts? Just wondering what they are like. I subscribe to his Automatic Profits and it is really garbage material. Like the last 14 stocks that he picked, only like 2 or 3 actually came out on the + side. He picks the worse trade and he enters at the worse time….. Hope he does better with his other services. I don’t think it can get worse than what he is doing right now with Automatic Profits.
Does anybody subscribe to Chad Shoop’s Pure Income or Earning Drifts? Just wondering what they are like. I subscribe to his Automatic Profits and it is really garbage material. Like the last 14 stocks that he picked, only like 2 or 3 actually came out on the + side. He picks the worse trade and he enters at the worse time….. Hope he does better with his other services. I don’t think it can get worse than what he is doing right now with Automatic Profits.
I don’t subsribe to it but his last recommendation via email a few days ago, OIH, tanked right after.
Pi has been weak but think it’s a great stock to buy at these prices … trying to hold on w Bpmc
I bought the dip last Thursday and Friday so that helped. How’s everyone else doing?
PI looks defeated to my eye. I like the concept though. Right now PI seems more based as an overnight takeout, i.e., ‘a hopeful play,’ rather than a trending stock. It’s chart looks horrendous, with further damage a possibility.
FMI & CRCM is where I will be focusing my thoughts–how and where to buy more of these two.
I don’t know for sure, but from what little I can glean about EF, it seems PM is looking for overnight buyouts for many of his picks. If so, “long term” is right as not many positions get that kind of call.
That said, PM, for the most part, has picked unique stocks–ones that have been much higher at a previous time in their short history.
Looks like you may be right Hank …as down again today …ugg!
I know you don’t like T-stop Loss
But put one in at 7%. as I can’t push sell button at this time
For those that are members of EF perhaps PM has bailed. Don’t know. (Would love to hear his excuse though.) For me PI is, like I have said, a trade that is OVER. for now……… and it could be for a LONG time.
IMO, it’s dead money that will revive itself down the road with either a buyout, or with value investors reexamining of its reduced worth.
This is where personal experience helps. As good as PM may be, we can’t rely solely on others. We have to know a little something ourselves.
I sold PI at $58 based on the short history of how wall street has manipulated it this year. I do believe it will recover again nicely. Waiting for the right time to get back in.
In retrospect I should have bought an option put after I sold it. Having dropped $25 the put would have made huge returns.
Hank I know you mentioned awhile back you were long on IVAC but cooled off after it’s big pullback from it’s initial Barron’s bounce. I reviewed the earnings report and 2018 estimates and the company feels like its poised for big growth and having the benefits of a niche technology.
Any thoughts on revisiting?
I followed your advice and subscribed to Barron’s digital media. You were spot on. Great articles and insightful write ups similar to PM.
Although I have noticed that these smaller companies like IVAC can get a 50% + “Barron’s Bounce” and then come cratering back in a hurry, even on earnings beats and positive company developments. Timing buys around those article releases followed by a strategic sell on a peak seems to be a pretty lucrative play for some.
Perhaps a play on the unjust sell off may be in order, or am I missing something…
Always enjoy your insight Hank!
Has Paul released any new picks lately?