You might think it’s strange that someone who writes an investment newsletter would say that they hate most newsletters.
And you’d probably be right.
However, after 37 years of frontline experience on Wall Street, I believe it’s safe to say that I can tell the difference between what’s right and what’s wrong about the financial media.
Unfortunately, you can’t say the same about the majority of people who read and believe Wall Street’s bought-and-paid media miscreants (including newsletters).
I’m not saying that many newsletters are poorly written. On the contrary, many of them are well written.
But who writes them?
You’d be surprised how so many financial publications (especially the ones claiming to have the best results) are written by excellent copywriters with NO EXPERIENCE in the stock market.
In fact, the people who hire copywriters actually say it’s often better to have writers with no experience in the investment world.
That’s right. Their reasoning is that the unexperienced writers present a fresh approach to looking at the markets.
Translation: “We’ll get the newbies to gather all the data and tell them to write their story around our pre-determined conclusions we want to promote.”
In other words, the boyz in the “Club” get their writers to hype a stock that they already own in order to get the public to jump in and cause the price to rise.
As the volume and price increases, they sell their holdings into the retail buying. Eventually the volume disappears leaving the retail buyers holding the bag while the stock collapses.
Then, they buy back the stock at the lower prices and issue a new report on why you should double down.
It’s called Wash! Rinse! Repeat!
In February we’ll show you how to tell the difference between a fraud hyped report and one that’s legit.
See for yourself.
And share this with a friend who reads investment newsletters…they’ll thank YOU later.
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