Paul Mampilly
Mampilly’s hype about ‘internet of things’ is an overstatement
Paul Mampilly’s videos are always a head-turner. If you are a newbie and do not know much about the stock industry and how it works, you would be easily fooled by his imaginary promises that sound good when looked at from a non-existing angle.
He is not only able to scam people with less understanding of stocks. However, he pretty much nails it when fooling experienced investors.
His recent video about making a fortune with one stock has gathered a lot of hype. The ‘Internet of things is undoubtedly capable of a lot in the future, but it would still be a risky stock to depend on with your hard-earned money.
Paul Mampilly, on the other hand, has described it to be the key to an enormous fortune and is more than 100% sure about the returns; he claims this technology would be more successful than computers, tablets, and mobile phones put together.
He also mentioned that the invention would undermine every other revolutionary innovation in the past and would become the inception of the second industrial revolution.
Paul explained the graphs and assured that the Internet of things would only reach a $19 trillion-dollar industry by 2020. Hence, whoever invests at this stage will enjoy the highest perks in the coming four years.
The video compels me to invest a lot of money and is pretty convincing. However, there is a lot more story to this video that Paul has not bothered to share. Something that entirely contradicts his data.
I would consider his claims to be nothing more than a marketing stunt and a gimmick.
An insight into the prospect of the Internet of Things’ future, Paul has underlined many times in his pitch that this innovation is seven times bigger than computers, tablets, and mobiles in combination.
According to experts, this technology is supposed to be utilized by 50 billion devices by 2020. And he demands an early entry into the investment to reap the unimaginable profits.
I would not deny the fact that the Internet of things has a lot of potential to mark a great start, but at the same time, it carries substantial growth risks and pains. Let me put some light on this subject.
Have you come across an ‘October 21st denial of service attack’? If not, let me help you with the details.
This attack inflicted havoc on the web and did not even spare some of the enormous Internet commerce sites. This wave of software viruses attacked the devices connected to the Internet of things. This proved that the Internet of things still has loopholes, though a great innovation.
This technology is exploitable and vulnerable as well, which would lead to its probable scaling back.
If we cannot provide a strict and elevated level of security, the potential of this technology will not be adequately served. This way, this stock becomes a risky investment.
There are various reasons, and I can write a book. But, I would like to be as precise as possible. Paul never misses overstating his claims.
He makes sure to project the numbers so that even if it looks too good to be true, it seems achievable.
The Internet of things is not the only stock he has gone beyond the limits to praise about. Sometimes, he even brags about fake profits that were never made. But he has been doing it for a long.
For example, in 2015, Paul Mampilly was found advertising about Yahoo shares and predicted an increase of 75%.
However, as per the stats, Yahoo’s share was at $50 per share at the start of 2015, and it did not take a year for Yahoo shares to come down to less than $30.
Those who invested lost a lot of money. Even after Verizon’s purchase, the stock remained at less than $50 per share. Those who sold the shares in the intervening months had a loss of more than 40%.
Again, Paul mampilly has started vouching for Geothermal stocks. In the era of solar energy, which is cheap and has already taken over the market, it would not be easy for any other renewable sources which are not mature enough to make a prominent place.
This makes this stock a risky investment. On the other hand, Paul Mampilly affirms a 1000% return in one year. Isn’t that making his assertion questionable? It sure does.
Paul Mampilly seems to be a marketing expert rather than a financial advisor. He does not have morals. He fails to justify the marketing limits. He goes too far into lying that he underestimates the ethics that every industry abides with.
None of the financial advisors concerned about their client’s profit would provide such a level of certainty at any given point in time. We all know that investment into stock is more or less a gamble.
If played relatively, there would always be a chance of unpredictability. But, in the case of Paul Mampilly, it is never a case.
In addition, being such a great advisor, as he profoundly affirms, he should be in talks everywhere. But you would not find Forbes, NBC, or, for that matter, any other business magazines singing his praises.
The way he shows the profits he has made or any of his clients has made fake and highly overstated if you look at profits unlimited by paul mampilly reviews on the Internet.
Paul is a tricky guy and would make you believe in his assertions by fake stats and numbers. His confidence is what attracts most of the clients around the world.
But, you need to at least do your homework before believing him or anyone before investing. Beware of people like Paul Mampilly.
Paul is a no nonsense speculator.
I joined Profits Unlimited in feb of 2018. I have had a great deal of success purchasing many of Paul’s recommendations. The key is to follow the rules of the game which he provides and plan on holding the positions for at least 1-3 years.
If you are looking to trade often and try to time the market then his service is not right for you.
The overwhelming majority of his recommendations do extremely well. But they are often volatile and investors need to have strong hands to ride out the rough patches.
I have enjoyed hundreds of percent returns on a good percentage of his picks.
While it has happened we rarely close a position with a loss.
I would highly recommend his service to anyone that has the stones amd the patience to benefit from Paul’s beautiful mind.
I am 100% certain that Paul Mampilly and his service is definitely not a scam.
Following his thoughtful recommendations has provided security for my family’s
future.
I LOVE THAT GUY!!!
i’m up 889% on 1 of his famous stocks.Paul is full of life,enthusiastic,&finally am able to make money on his suggestions.
I can really understand why people are putting negative reviews of Paul Mampilly during the year 2018 because most stocks sold or closed that year are losers which is very unfortunate but there are stocks bought in 2016, 2017, 2018, 2019, 2020 that are still open to date are all + gains based on my profit unlimited subscription. Out of 37 stocks that are still open, only 3 stocks are in negative territory. Currently 17 stocks are over 100% gain and 5 more nearly 100%. If you want quick profit then this is not for you but if you have patience, just relax and you will reap the rewards for years to come. Past performance are not the same but at least you can see the big improvements. I didn’t invest in all his recommendations but I already doubled my portfolio.
Mampilly provides good value
Don’t listen to these sour haters from the internet. I read them, they are so cringy. As someone who beats the market, it takes countless amounts of 17 hour days to really be successful in this field.
In this hard hard reality, at least 50% of people are not capable of this combination of sophisticated analysis, diligence, and determination when things don’t look good.
Paying Mampilly’s firm (or whoever is picking the stocks) $4/month is so worth it for the vast majority of people.
To be a bit more critical, typically, a financial advisor works by taking a % of your portfolio each year, but providing mild~moderate returns. The financial advisor has the liability to achieve the success in THEIR hands.
Trading with Mampilly is like having a financial advisor, except instead of giving a firm 1% of your portfolio, you give them $4/month. On top of that, the liability to execute trades and not lose money is now in YOUR hands. Mampilly’s subscription will likely have you outperforming any results you’d have at your local financial planning firm, but also, with more risk involved.
Indeed! I subscribe Profits unlimited since Nov. 2019. NO COMPLAIN. Portfolio is 20% up. Read some comments I noticed they just made negative comments without subscribing. He’s stock recommendations are for months to years hold. Long term investment for $47/ year. Paul and his team (Tamara, Ian … )are all fantastic. All of their stocks are up.
Some people just want quick money. They want to subscribe and be a millionaire the next day!!!
This review is BS!
I subscribe to all of Mampilly’s services, in fact, all of the Banyan Hill services. I follow his guidance pretty closely, among with the Motley Fool Rule Breakers. I cleaned up this year with over 100% gains YTD as of 12/5/20, and thus was an unusual year. Of course he does not hit a home run with every recommendation, but his track record is great.
I personally know two people who fell for this bozo’s marketing scheme and both had substantial losses to their portfolio. You realize if his advice was that good he wouldn’t have to bait and switch people as well as giving empty promises to swindle their money. The positive reviews in here make me lose faith in humanity all of you are lying through your teeth.
Happy Profits Unlimited Subscriber!
I have been a subscriber of Paul’s since 2017 and I find some of these other reviews to be very misleading. Since joining Paul’s service, my husband and I have tripled our portfolio value, allowing us to be able to comfortable retire. My advice…don’t buy the service if you are not going to be committed to getting in on Paul’s recommendations, because then you definitely won’t make any money and feel duped. If you are serious about investing and some funds to buy the trades, this service will 100% make you money.
MY EXPERIENCE WITH PAUL MAMPILLY - GREAT
I bought Paul’s basic newsletter and invested the weekend studying the portfolio list and placed my first buy orders on Monday March 16, 2020. My portfolio is up extremely well. I did hit the bottom of the market and set my buys at a good time which resulted in serious profits and I only use 24 stocks in his Profits Unlimited portfolio. I have sold off several stocks for profit in some positions and sold several stocks that were suggested by Paul to sell. Currently there are 20 very good pics and 4 that are sideways in the list I maintain in my account. I do not have all of the stocks on the list, instead I researched his list and was lucky to be on the right side of the picks i selected in his list. The account continues to make money. So did i make a lot of money? Yes and I am continuing to make money. I will say that he will pester you with upgrades but this doesn’t bother me and I have stayed focused on the Profits Unlimited list. I have dollar averaged several positions that were favorable to continue to buy. For example I bought Tesla at $370.00 per share before the 5 to 1 split. I can only say this is just 1 stock in the list that has made triple digit profits. I have bought Tesla several lots way before the 5 to 1 split and it continues to produce. We all know Tesla is a special situation stock but I have other stocks that have made triple digit profits from his list. Is Paul Mampilly a scam? The current list is paying off for me but your mileage may vary. And current market situations are changing. This is not a recommendation to buy his basic newsletter but I do wish you good luck. I feel the $79.00 I invested has paid off with huge dividends. .I do agree with some things in this review by Dirtyscam however my experience overall is far different than what is being written and portrayed by this website about Paul Mampilly. I do agree that Paul is a marketing guru. And I don’t expect to invest into any other service with him other than the Profits Unlimited newsletter. i will continue to watch him and Amber who is one of his research assistants. You can contact me at my email with any questions.
Need quick growth and Income
I am thinking in subscribing to Paul’s Profit Unlimited stock pick list. Need to generate monthly income. How much should I start with ? Thank you. D
How do you sleep at night you piece of human garbage.
Dont Subscribe to any of thier TRASH
Stay away– You will never get off their email list- 5 emails a day of TRASH- None Stop BS
Setup your inbox with a filter - that is what I do
GB – just setup a filter to move all Banyon emails to a separate folder. This way it does not clog your inbox – instead all emails including the buy and sell emails get filed into a separate folder. It works for me and Yes, Paul will try and upsell you but with this setup it is hardly bothersome. Good luck..
SCAMMED - Paul is Bait and Switch with 100X service with Inner Circle
I am an Inner Circle member as well and have been excluded from the new 100x service, after having sold the inner circle for a huge sum with a promise to include every new service that Paul M comes up with is also transferable asset to your family, etc. This group or Paul are not trustworthy all!
I am upset and angry and want a refund of all my monies I have paid; I do have it in writing that I was to have access to all future services. It is a Marketing machine and even Paul himself and lacks integrity.
I FEEL SCAMMED TOO!!!perhaps I was scammed as well… not pleased at all… were not hesitant to take my money. We should file a law suite of such like-minded people in this situation who have been treated this way. Paul’s integrity and honesty of his tips and service are now under a question in my mind. he is only making money of the subscribers and not the Stock markets.
I notice most of his services 70-80 % of the stocks he suggests are just either rated down recently or will be making you a loss.
I called Banyan Hill and complained to a supervisor and after listening to me half way she hung up on me…Fraudsters
AND LOT OF THE POSITIVE REVIEWS ARE FAKED AND PAID!!!
PUT THIS ALL OVER SOCIAL MEDIA, AND HE WILL KNOW!!!
Fraud advertising
I enrolled and paid to get the ticker for the $8 5G ticker they have been touting. Only way to get it is enroll and pay your monies. I did. I didnt get anything but buy this buy that, tease tease tease. I wrote 5 times requesting it or where to find it in his bogus reports. To date nothing and this guy needs shut down, fn liar-scammer.
Not Impressive
Maybe the author should have someone else proof read his submissions. I find it hard to take a scholarly (supposed) report serious with such simple grammer mistakes. My apoliogies to the author if the english language is not his original language. Either way, when a report is written with little to no care of preciseness, it brings serious doubts about the author’s ability to give a scholary and knowledgeable account of anything. With advise “you get what you pay for.” This advise was free, yet still overpriced.
perhaps I was scammed as well… not pleased at all… were not hesitant to take my money. Found a new charge on my card which was not authorized… letter written are not yet aknowledged… cannot get a refund….
False Advertising - Disappointed
First of all, I am a fan of Paul Mampilly and his services and I have subscribed to his services in his first few years when new strategies were offered – Profits Unlimited, Extreme Fortunes, True Momentum. He then advertised to sign up for his Inner Circle service for $10,000 and in exchange you get access to his future new Investment Strategies for free for life with a low annual maintenance fee. He recently launched a new strategy – 100X Club where he is not including this to his Inner Circle customers except he offered a $500 discount on a $10,000 cost. Bait and Switch. It’s not right that businesses can make false advertising claims and not be held accountable. Again, I feel his investment advice into companies in the sectors that will outperform is on target however his advertising ethics are not.
Marketing Machine
I am an Inner Circle member as well and have been excluded from the new 100x service. I do have it in writing that I was to have access to all future services. It is a Marketing machine and lacks integrity.
SCAMMED - Paul is Bait and Switch with 100X service with Inner Circle
I am an Inner Circle member as well and have been excluded from the new 100x service, after having sold the inner circle for a huge sum with a promise to include every new service that Paul M comes up with is also transferable asset to your family, etc. This group or Paul are not trustworthy all!
I am upset and angry and want a refund of all my monies I have paid; I do have it in writing that I was to have access to all future services. It is a Marketing machine and even Paul himself and lacks integrity.
I FEEL SCAMMED TOO!!!perhaps I was scammed as well… not pleased at all… were not hesitant to take my money. We should file a law suite of such like-minded people in this situation who have been treated this way. Paul’s integrity and honesty of his tips and service are now under a question in my mind. he is only making money of the subscribers and not the Stock markets.
I notice most of his services 70-80 % of the stocks he suggests are just either rated down recently or will be making you a loss.
I called Banyan Hill and complained to a supervisor and after listening to me half way she hung up on me…Fraudsters
AND LOT OF THE POSITIVE REVIEWS ARE FAKED AND PAID!!!
PUT THIS ALL OVER SOCIAL MEDIA, AND HE WILL KNOW!!!
Just the beginning
I’ve just began with Paul. I’ve seen many sales people
And was one for many years. Of course he has to have some charisma to make people pay for his service. And why shouldn’t he get paid for what he does? I tried investing on my own many years ago and failed miserably. Now I’m putting my faith in the hands of experience. All you whiny people that don’t want to pay for the service – that’s fine!! But don’t criticize a man for selling you his knowledge and ability when it’s going to truly benefit you! You pay lawyers and doctors – probably more money – and they don’t MAKE you any. Get some
Perspective and realize that you have to put something up in all aspects of gain in life
You can't sleak English!
There are multiple spelling and syntactical errors throughout this review that put a very large dent in the credibility of the writer.
MAMPILLY/BANYAN HILL FACTS
Here are the facts folks. Banyan hill and Mampilly havent beat the market since he joined them. Closest to beating S&P 500 has been their Total Wealth and Mampilly’s True Momentum and Profits unlimited newsletters (in that order). If you join, avoid the option newsletters. The returns are negative or low digits at best. Warren B was right. Stick to an index tracker unless you are God or Nostradamus. Im quitting them and buying VOO (Vanguard tracker). Berkshire owns a chunk of it so its good enough for me.