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Old Stock Information Is Expensive
Let's
say that you place an order to buy a 1000 shares at $1.00
a share. You place the order over the weekend. Let's assume
that you get 1000 shares at the $1.00 price on Monday. If
you got your newsletter Tuesday
and the price is up just 1/8th, then you'll pay $125.00 more
for the order.
That $125.00 is lost money due to old information! If you
miss a recommendation to sell, or a "Do Not Buy" recommendation,
you could loose much more due to people selling off shares
to get out. Old information is becoming very expensive.
The hot-line can make the newsletter publisher a very large
sum of money. That's precisely why they do not want to make
the transition to e-mail alerts and web-based content. They
will not sell you the telephone hot-line service by itself.
You must buy the late obsolete newsletter to get the hot-line!
When we started our service we considered fax alerts, telephone
hot-lines, and e-mail alerts. E-mail alerts made the most
sense. If we ever decided to launch any of the other two options
we would not make buying a newsletter mandatory. To do so
would be blatantly unfair to any and all subscribers.
There's something else we need to discuss. Some newsletters
make one
(1) recommendation a month. Others make 4 or 5 a month, or
as many
as 10 to 15 a month. Many only make 7 or 8 recommendations
a year.
There's no set rule when it comes to how many is enough.
I personally just can't imagine, how any newsletter writer,
could expect
any investor to purchase 4 or 5 stocks at one time, much less
10 to 15.
I would only subscribe to newsletters that recommend one (1)
stock, or
2 to 3 stocks a month. This is what I would feel comfortable
with.
Look at it this way. Which one of the stocks recommended is
the best one to buy? Which one should I load up on? Which
one has the most or least
amount of risk? Which one, which one, which one? Yes, I realize
that the
research can indicate that each one could be the "stock-of-all-stocks".
But be realistic! Most people just can't afford to buy enough
shares of
each stock that gets recommended, and even if they could,
I would not
suggest doing so. What happens when the next issue comes out?
Do you
dump what you brought the month before and start all over
again?
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