This article originally appeared as part of the Friday File for the Stock Gumshoe Irregulars (our paid members) on November 20, 2015. The article has not been updated or revised, other than a couple quick updates to numbers and valuations, but we’ve had questions about the ad of late, so we’re moving it back to the top of the page for everyone to see.
In the ten months since this piece was published, the price of the “secret” stock that is the primary focus of the ad (OK, it’s NVDA — no more secret!) dropped a bit and then recovered on the strength of a good report, some optimistic guidance, and some raised earnings expectations, and then it went ballistic thanks to some blowout numbers and rapid growth projections for their new graphics chips and the possibilities for their processors when it comes to data centers and driverless cars (and, yes, virtual reality). The stock has now just about doubled from where it was when the ad first appeared.
The meat of the ad appears not to have changed at all, including the continuing promise to send you a “prototype” (you can buy one yourself for $5 too, if you like, more on that at the end of the article), though the ad is now being used to promote a different newsletter (they were originally selling Radical Technology Profits, now they’re selling Nova-X Report using pretty much the same ad).
I owned call options on NVDA last year when this ad first started, but have since sold them and no longer have any direct exposure to NVIDIA (though I may be interested in re-entering a position… I’ve been hoping for something to prick the bubble of enthusiasm on this one, though it hasn’t happened yet — we got a 5% dip a couple weeks ago but it didn’t last long). So with all that said, here’s your trip down memory lane…
The Money Map Press folks seem to have replaced Stansberry (both are Agora affiliates) in the position of “quickest to saturate the known universe with email ads” — the two they’ve been pushing this week, the solar spiel from Dr. Kent Moors that we talked about earlier in the week and this new “Neural Imprinting” promo from Michael Robinson that we’ll talk about today, filled my inbox faster than anything else in recent memory since Dan Ferris’ old “Next Great Royalty Company” pitch for Stansberry.
And, of course, when our readers pile up at the door, ringing the bell with abandon, it’s our mission to answer. So we’ll figure out who’s being teased by Robinson here, and hopefully get some sense of the reality of the situation. As always, there’s bound to be something real under all that hype, right?
The big picture claim is that “you have a chance to position yourself in this company and see 6,642% growth” because of the dominant patent position that this “secret” neural imprinting company has in virtual reality and a special kind of computing power.
Sounds pretty enticing, right? Presumably he’s making the leap of faith that nearly every big picture newsletter pitch does, assuming that because this company has some technological advantage in some way, and the overall market is perhaps going to grow dramatically, that this company will control the market in the future. That sounds awesome, every time, because we remember Intel (INTC) and their dominance in personal computer chips, and remember how that generated 4,000%+ gains for INTC stock over the last 25 years thanks to the strength of the “Wintel” market position (or 40,000% gains over 40 years if you go back to when IBM’s Altair 8800 was the first PC with an Intel chip)… many of us do not always remember that there were other companies developing chips back then, too, or that many of them failed.
Just as an example, one of the few competitors from back then that