zyzzyva57
03-18-2006, 08:48 AM
I have not pleased with the newsletter. It did make a call on “brcd” that Cramer spotlighted the next day; however, seldom does this newsletter give you an upper hand on what Cramer will feature. Too, the newsletter is not enamored over fiber optics as is Cramer. There is a major disconnect between Cramer and this newsletter his thestreet dot com owns. The two men who pick the stocks for this newsletter pick differently than Cramer, though granted at times indirectly the newsletter and Cramer are looking at the same stock, e.g., Gray Wolf. To get daily help with Cramer, I suspect you have to subscribe to his newsletter.
The newsletter has a portfolio of 19 stocks of which 7 lost money last week. I have money on 3 of the newsletter’s picks. Naturally, my 3 picks lost major, big time in what was a good market.
The newsletter poorly anticipated a major problem with “abxa”! Incidently, Cramer, Greenberg, and Barron’s liked this stock at least up to the day of the crash. The newsletter is still holding, while expecting it to reach $5 from $9’ish a share! Can you imagine how hard it would be for any stock to climb from the $5’ish to the $10 range?
The week before the newsletter expected a stellar earning report on “desc.” It was less than stellar and the stock promply lost $2, yet the newsletter is still holding.
My one sheer gamble was on “terne” which floats around $2.25 for the last month. Still this darn newsletter says “hold.”
In sum, I do not expect to renew. It has been a wasted $30 this month. I may stay if when I cancel I am offered a deal at say $15 per month. $30, no-way! This weekend, I will be seriously deciding should I also dump out of the 3 picks I bought into. I wanted help, because I did not trust my homework, but my homework with Cramer’s help made me money. This newsletter has been a disaster for me—IN WHAT HAS BEEN A GOOD MARKET THIS WEEK!! Not anticipating the 2 bad calls discussed above makes me seriously doubt the newsletter’s ability to anticipate problems. Sorry, but I think pros in New York should be more on top of things!
In fairness, if becoming a trader is not your desire, but buying and holding like a mutual fund, this newsletter may well be worth its free two week trial…I would suggest you have at least $5K of mad money so you can buy several of the stocks in the portfolio of the newsletter (a la throwing spaghetti against the wall and see what sticks, which works for some). This newletter is not designed for traders. If you do try the newsletter, hope you find the newsletter’s “anticipation” of events better than I did. I am down big time trying to be fair with this newsletter and holding against everything I see now I knew and should have done.
(Fellow Newbies, you just cannot beat the following book I am seeing over and over to use to follow Cramer: Sam Weinstein’s “Secrets for Profiting in Bull and Bear Markets” – and running Cramer’s picks through MSN’s Stock Scout and Yahoo’s charts)
Stay tuned for what may be my final update on this newsletter next week…
The newsletter has a portfolio of 19 stocks of which 7 lost money last week. I have money on 3 of the newsletter’s picks. Naturally, my 3 picks lost major, big time in what was a good market.
The newsletter poorly anticipated a major problem with “abxa”! Incidently, Cramer, Greenberg, and Barron’s liked this stock at least up to the day of the crash. The newsletter is still holding, while expecting it to reach $5 from $9’ish a share! Can you imagine how hard it would be for any stock to climb from the $5’ish to the $10 range?
The week before the newsletter expected a stellar earning report on “desc.” It was less than stellar and the stock promply lost $2, yet the newsletter is still holding.
My one sheer gamble was on “terne” which floats around $2.25 for the last month. Still this darn newsletter says “hold.”
In sum, I do not expect to renew. It has been a wasted $30 this month. I may stay if when I cancel I am offered a deal at say $15 per month. $30, no-way! This weekend, I will be seriously deciding should I also dump out of the 3 picks I bought into. I wanted help, because I did not trust my homework, but my homework with Cramer’s help made me money. This newsletter has been a disaster for me—IN WHAT HAS BEEN A GOOD MARKET THIS WEEK!! Not anticipating the 2 bad calls discussed above makes me seriously doubt the newsletter’s ability to anticipate problems. Sorry, but I think pros in New York should be more on top of things!
In fairness, if becoming a trader is not your desire, but buying and holding like a mutual fund, this newsletter may well be worth its free two week trial…I would suggest you have at least $5K of mad money so you can buy several of the stocks in the portfolio of the newsletter (a la throwing spaghetti against the wall and see what sticks, which works for some). This newletter is not designed for traders. If you do try the newsletter, hope you find the newsletter’s “anticipation” of events better than I did. I am down big time trying to be fair with this newsletter and holding against everything I see now I knew and should have done.
(Fellow Newbies, you just cannot beat the following book I am seeing over and over to use to follow Cramer: Sam Weinstein’s “Secrets for Profiting in Bull and Bear Markets” – and running Cramer’s picks through MSN’s Stock Scout and Yahoo’s charts)
Stay tuned for what may be my final update on this newsletter next week…