Canoe....I have to say ,I like what JBEM wants to do.... he does well, but he's only about 89% honest in the whole process. Its the 11% ...."shadiness" that I had trouble with.there are some aspects to the trading game he does that require secrecy,seduction and manipulation for the trade to work. Thats the part he doesnt disclose to anyone. and that shady aspect to the game is why I declined to join his "team" after I was invited.
Maybe its my own short sightedness, to think that the stock market can be played in a totally transparent way. But the JBEM team, which includes the cheerleaders,like Sal and some others.... they operate with a game plan. Part of that plan involves pumping up a stock ,that has low volume. many times it works. but many sheeple who chase after JBEM, fall prey to the fleecing that happens at the top. when the circus team sells and takes profit. Even in GNSZ they got out at the 97 cent topping zone. That was a tricky troublemaker the GNSZ trade. I fumbled that trade. because I stayed in it.
When the sheeple followers who chase after JBEM's picks, like TPIV, back when it pumped and bubbled up to 1.71 and then whipsawed viciously down.... those sheeple got burned badly who chased after it, but ran along too far behind.
Its a tricky trading game to follow the pied piper game.
So I always feel a bit cautious about what trade JBEM has up his sleeve next.
NOW, after TPIV has settled back down and is a chart pattern moving more normal now, this 55 cent pullback zone looks ok to buy here. and I took my first position the other day.
When it comes to trading JBEM's picks , very few but the close insiders on the team get in at the earliest entry. JBEM probably doesnt announce his pick until he's already in, and the sheeple get notified a few weeks later, in the next wave, which is too late for my taste. He needs the sheeple to get the volume pumped up. He wants to only trade the first blast wave up and then get out. The trade revolves around the warrant and big finance structure,like the way Big Money plays the game. a nice way to play the game....but... the sheeple dont get that info ahead of time. from JBEM. one's own good DD and a required understanding of the financial fundamentals would offer the clues for traders to play the game. But those who simply rely on the timing that JBEM presents, are already a few weeks behind him and the circus team thats already cheerleading the bubble. It deserves some caution playing JBEM's picks. even if youre on the email list, you probably get the timing notice a good week after he has made his move. thats my guess. I could be wrong. when I was one of the "insiders" for a few weeks, I discovered too late that I was actually about 3 weeks behind JBEM , and it was too tricky to play catch up. not a nice thing to do ,making me think I was on the first team but actually keeping me 2 or 3 weeks behind the first decision point.That wasnt going to work for me.
