Author/Editor
Keith Fitz-Gerald
Publisher
Money Map Press
Description
Weekly updates from a service that picks fast-growing Chinese stocks.
If you’ve subscribed to New China Trader, The (defunct), please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.
Investment Performance
No votes yet... cast yours!
No votes yet.
Please wait...
Your vote
Quality Of Writing/Analysis
No votes yet... cast yours!
No votes yet.
Please wait...
Your vote
Value For Price
No votes yet... cast yours!
No votes yet.
Please wait...
Your vote
Customer Service
No votes yet... cast yours!
No votes yet.
Please wait...
Your vote
I have a memebrship to all of Keith’s newsletters through the lifetime membership $8K deal and this one is one of his better ones. He has made some great picks and the most recent one SVA doubled in a day. Keith is a technical trader and also writes the Geiger Index which is his top newsletter. He tries to find the lowest price for the stock and buys low and sells high. He also made other great picks such as YGE at $4.50 (now $11), NM at $2.80 now $4.50, and EDU. New China Trader has made me some money with more winners than losers. The losers he put tight stops so that I gained more than I lost. Overall I recommend this service.
I was quite interested until a Chinese neighbor, who used to be a Chinese government auditor for ten years told me, that you cannot rely on any figures and information presented by Chinese companies. So why pay $2,000 for something which is totally unreliable. The stock price seems to be a fantasy number.
I had this for a year – I wasn’t particularly impressed. There are only a few picks in play and you have to follow them pretty closely. I was out before the panic so I don’t know how it did through the panic but I felt like there were better options for that much money. I rate it middle of the road – for me, the value was 2 stars but I’ll be generous and give it another since others may feel differently. I was disappointed, I expected a little more insight into China from this.
I got lured in by a promise by Keith Fitzgerald guaranteeing me a full refund if he could not earn me 6x my subscription cost or turn $1000 into $3000 in six months. As soon as I sent in my money I received my first recommendation however from then on it was rather generic advice provided with an old portfolio of recommendations given. The Chinese market took a dip and the recommendations never provided the promised results. On principal alone I followed up with customer service but was told they do not have anything to do with guarantees and I would have to call another number. Doing so I was matter infact told what my guaratee was and was then copied on an email to the analyst for the New China Trader who was to pull the results and verify that the guarantee indeed was not fulfilled. End of story…. After several phone messages and emails with no reply I gave up.
Summary: My take on Keith Fitgerald is that when the money is flowing into China and the markets are positive then his recommendations do well, and he does recommend trying to get the stock at a better than market price, however the reality this is a business of writing Investment Letters to generate revenue, not to give money back and their Customer Service people proved that. So do not get caught up in the marketing sizzle/hype, if you want the subscription, expect that you will not see you money again and enjoy the read. Forget about any promises made.
Did very well when Chinese markets were rocketing but now doing poorly because China raised their interest rates to curb inflation (which in turn kills their stock markets). Stay away from this service for now until the Chinese markets recover.