Author/Editor
David Kretzmann
Publisher
Motley Fool
Description
New trading service started by the Fool in October 2018, higher-cost/no-refund service with a portfolio of cannabis-related picks. Shifted to the Rule Breakers brand in 2021.
Overall Rating
Rating: 2.1/5. From 19 votes.
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1.7
Rating from 76 votes
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Investment Performance
Rating from 24 votes
Rating: 1.4/5. From 24 votes.
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- 1 Stars 18 Votes
Quality Of Writing/Analysis
Rating from 15 votes
Rating: 1.8/5. From 15 votes.
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- 2 Stars 7 Votes
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Value For Price
Rating from 18 votes
Rating: 1.3/5. From 18 votes.
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- 1 Stars 15 Votes
Customer Service
Rating from 19 votes
Rating: 2.1/5. From 19 votes.
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- 1 Stars 11 Votes
This program launched recommending immediate buys of twelve stocks, many of which had already risen by multiples of 100% during the prior 12 months. By the charts, most of these were at or near the top of obvious bubble formations and due for imminent drops, which is exactly what happened. As of today, three months later, only one of those twelve recommended stocks is in the green. An investment split evenly among all twelve on launch day would be down 26% (vs. S&P -14% in the same timeframe).
While it’s obviously not MF’s fault that the market as a whole began tanking just a few weeks after program went live, it was still fairly irresponsible to recommend users go in fully and immediately on stocks that had already risen very steeply in the recent past. At minimum, a more staggered approach should’ve been offered, encouraging people to scale in gradually over months to mitigate losses due to poor timing against the inherent volatility of the cannabis space.
What were the stocks?
If you joined this could you send me their recommendations?
cardano4.65e@gmail.com
Thank You