I am approaching 1 years worth of data from my first covered promotion. I think the results are not only accurate but reflective of future expectations from new promotions.
The numbers speak for themselves. Current promotions average loss is over 36% and continued tracking show an average loss of over 80%.
Certainly debunks the main attempt by promoters which is to push the stock during the promotion with talk of long term results as the stock "develops".
I think it is safe to say that stock promotion is not for the benefit of common shareholders. Instead it targets them. The commons who look for these newsletters and email alerts as a way to find a winning long term stock play are actually the hunted not the hunters.
Those who go after these promoted stocks for a potential short term pop and a quick trade may actually make some money. But, I feel as if the numbers speak for themselves and any belief that a stock you hear about via a newsletter or email alert will likely decrease in value over time.