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I have always wondered how these amateur newsletters work.
Do they buy a whole bunch of shares before they recommend it, or do they buy after the recommend?
Do they do the research on the stocks before or after?
When do they sell? Do they tell when they sell, or do they just vanish?
Do they sell, then start posting so called bad news and ifso is this just a poor attempt to lower the price?
Do they even buy the stocks they promote, or do they wait for the run up and then short the stock to death?
Are they well seasoned investors, or just a young kid with a computer and a direct trading account?
Now some of you may think I have a particular newsletter in mind, but the sad truth is I don't have one...I have several.
I devote this space, to an expose on the newsletters.
COME ON ALL YOU MIKE WALLACE WANNABEES!!!!
Let's make this an archive of the best (worst) examples of newsletters leading the lambs and then the artfull way they bow out.
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