Anybody subscribe to any of those stock market newsletters that give you stock picks and advice. Any good ones? Or are they touts just in the stock market.
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These guys are just like the cappers we all see selling sports picks. false track records and the likeComment -
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that's how warren does itComment -
Think about it this way. If you were good at picking stocks you would be very wealthy. Would you then share that info and sell a newsletter when you could just make a killing trading stocks? I don't think so. Just make a killing and see you later. People who say they can beat the market consistantly and want you to pay for that info are just a huge scam.Comment -
Florida St -2.5 large tomorrow....that is my stock pick for day traders!Comment -
I read Motley Fool and subscribe to Stock Gumshoe, both free. Gumshoe analyzes many of those tease emails and predicts what security they are hawking. Decent accuracy.Comment -
I subscribe to stockhaven (stockhaven.com) and Penny Stock Research newsletter.
Stockhaven focuses more on hidden gem stocks and analyzes patterns of stocks to watch and has some very informative videos that are usually posted, they also have a chat room with people that are daytrading that is fairly active (50-100 members online during trading hours). Sometimes you have to worry about some of the e-mails coming across as pump and dumps though.
PSR - Basically the newsletter offers a wide range of information, today it provided analysis of new IPO's that are arriving in 2012 and ones that will fly under the radar. They also offer a weekly watchdog newsletter on Fridays where they list 3 stocks that are being pushed but are train wreck companies. The Friday edition is sometimes very hilarious here is a great example of the gem they provided last week.
Lone Star Gold (LSTG)
I’d of thought we’d have run this revenue-free miner clear out of the Wild West by now. Or at least the pumping machine would have run out of steam. Yet somehow my last warning wasn’t loud enough…
That’s because the hype machine is running 24-7… and there’s only one of me. But I’ll promise you now… that won’t keep me from shining the light into dark places.
Before today, I’ve written about LSTG four other times… so this makes number five! And since my latest update on December 9th, the company has found yet another way to rack up more debt!
In a Lone Star Gold press release dated December 20th, the company disclosed they drew down another $200,000 of their $15 million line of equity agreement. It’s the third draw down they’ve taken from North American Gold Corp (NAGC)… their Hong Kong based equity investor. And in turn, LSTG handed over 273,972 shares to NAGC.
How again is that good for shareholders?
Listen, the company still has no revenue… and is living off of equity investments to keep operations running. Someday, they may just find gold in them thar hills.
But here’s some food for thought. I bring your attention back to what LSTG said on page 14 of their latest report…
“The chance of finding gold or other mineral reserves on any individual parcel of land is almost infinitesimal.”
Before setting LSTG up with a $15 million equity line, I wonder if NAGC caught that little detail.
Hmm, makes you kind of wonder…Comment
