I am not new to the stock market. I have been investing since a long time now. I have seen many firms selling filth in the name of advice. And, the Motely Fools are no different. When they first started it seemed as a nice place to share information. However, later you come to know that they sell those advices and make money through plain pump and dump.
It was three weeks back that I got an email saying that they are advertising something about the ‘Rare Double Down’. The next week, they started sending emails about the ‘Triple Buy Alert’. It was just a week before that they sent at least 10 mails about the first offer. Right after a week, their offer changed, and they again sent me more than 7 mails in that entire week.
This week, their offer has changed to ‘Ultimate Buy’. I am not sure when the will stop this insanity. Tom claims huge and cheats innocent people for money. If he is such a genius of stock market, why cannot he be happy with the millions he can earn himself. He says that he made 39000% profit buying the shares of AMZN at $3.19 each. Do you believe someone making this kind of money would be selling newsletter to others?
Even if he is so much interested in sharing his knowledge, why cannot he do it for free. If I would have been in his place, I would have been sharing advices for free. Making such a profit on single investment would have settled lives of my generations to come. Moreover, why cannot any of these two big shots are listed on the list of richest people in the world.
They can turn the history if what they claim is 50% true.
I used their advice for few investments and lost everything. I lost all my money subscribing to their newsletters. They sell garbage. They may get lucky few days but its all about luck and no magic because the way they sell their advices, it does not seem anything less than magic.
I wrote to them about stopping sending me these span mails. The truth is, their mails look completely like spams and not at all professional. I am so sure that these guys are nothing but all big claims.
If they have earn anything, then its all because of the gullible people investing in their worthless newsletter. They have not made much through their investment either. These guys operate on pump and dump on single day trading. If you guys want to subscribe to this filth, you better should commit suicide. That would be better than investing in something so pointless.
They are great at sending mails though. The advertising mails are more in number than the newsletters that they send. These guys are frauds and nothing more. I wish they should end up in prison where they belong. Complete waste of my money.