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Re: BORN AGAIN post# 2294

Friday, 06/03/2011 9:00:37 AM

Friday, June 03, 2011 9:00:37 AM

Post# of 60363
Yes, I do agree. It is often considered an 'awareness program' and I have looked at the various 'success rates' posted by Hotstocks and others - so the numbers seem to be on their side.

I was told by my grandpa when I was a kid, "Figures never lie, but liars figure." To me, most of these newsletter companies are like that when they are reporting on their 'success rates.'

Before I came down to PennyLand, I took 6 months to chart and track many of the newsletter services 'long-term' effect and found that 87% of stocks that use them go DOWN 1-2 weeks afterward lower than they were before they hired them. Now, that's just MY DD on them. I did not stick around with all the work long enough to see where they went within 1-2 months, I was just wanting to get a handle on what was going on before I actually jumped in to putting my money into PennyLand.

So, it is all IMO and not a 'bona fide' study I made. It just helps me to play my percentages and know that when the newsletters come out, 75% of the time, I'm taking my money and waiting. For the 25% of the time that I am wrong, I'll live with it.

I buy based on DD, not some newsletter - but I am very aware that many people just follow some 'secret notice' they got in their inbox which assures them they will live like Warren Buffet in 1 trade.

Just my VHO and I really do appreciate reading and learning from posters like you and others who know all the back alleys and tunnels here in PennyLand.

All The Best

Aaahhh, yes...the old penny ploy

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