Regarding HGS (HyperGrowthStocks)... I've watched and studied all his picks for the past couple months. Factually, they have become the greatest predictor of a near-term, if not immediate, dive. I've avoided AGCZ, and now he's big on BWIH... remember PNTV, and WTAR... should I keep going?
Most of the time these were without any regard to dynamics beyond the chart... news, etc. He speaks of an "inner circle" - folks who can get their picks first. Perhaps that's what's happening-- he gets those paying $300/month on a train, and then announces to unpaying rest... and those early ones take their profits. But even there, the "new" announcements do not tpyically reveal a recent climb....
If you want to make money, look at HGS's strong picks... wait a couple hours into the market for it to collapse, and buy at the bottom. But even there, often volume is gone... gypsies have packed up and moved on....
One thing I've wondered... if they're so good at their own trading, what motive do they have to spend time building a following... if not to influence a market... and what guarantees do you have of not being taken? ALL the "hot stock" braggarts presume a winner amidst a sea of failure recommendations, and a perfect entry point (unlikely) and a perfect exit (even more unlikely)....
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