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
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