Dr. Sjuggerud "true wealth systems" ??

[Phoenix7]

Dr Sujuggerud conducted a Webinar last night 10/24/18 proclaiming that his "True Wealth Systems" has beaten the S&P for years . Supposedly he had hired a team of mathematicians and programmers to tweak his system , and finally he offered a deal to join into the NEW refined system with other add on services for $2250 ........supposedly a bargain? He did say his BEST 9 Picks would be released TODAY 10/25/18 to all MEMBERS at 4 PM!
At the end of the Webinar he did reveal ONE pick that he said would be a 10 Bagger , and that pick was GLUU.
For $2250 I took a pass on the membership. Has anyone used his service and care to comment?

A fellow on InvestorsHub had a comment about GLUU and it was not pretty .......LOOK HERE https://investorshub.advfn.com/board...e_id=144443713

Supposedly Sjuggerud claims that GLUU will "MELT UP" from this point and become a 10 Bagger!!

[BlueWolf]

Has he posted a verified history of his trades? Has he released his audited financials? Be real careful about someone who makes colossal claims about their trading acumen and then offers their service for a fee, especially if they don’t post a verified accounting of the trades they have made, good and bad. Here’s a thought. Why would anyone who has a surefire technique for consistently making huge amounts of money need to put them selves through the hassle of traveling, lecturing, and selling their services for a fee? And for whatever it’s worth, in my experience, active traders can only make money consistently if they’re willing to short. Yet on his website he says he doesn’t do short trades. Just my opinion, Phoenix. Good luck with all your trading and investing.

PS. I appreciate the stock lists you post and all your intel on cannabis stocks.

[Phoenix7]

Has he posted a verified history of his trades? Has he released his audited financials? Be real careful about someone who makes colossal claims about their trading acumen and then offers their service for a fee, especially if they don’t post a verified accounting of the trades they have made, good and bad. Here’s a thought. Why would anyone who has a surefire technique for consistently making huge amounts of money need to put them selves through the hassle of traveling, lecturing, and selling their services for a fee? And for whatever it’s worth, in my experience, active traders can only make money consistently if they’re willing to short. Yet on his website he says he doesn’t do short trades. Just my opinion, Phoenix. Good luck with all your trading and investing.

PS. I appreciate the stock lists you post and all your intel on cannabis stocks.

Bluewolf I didn't buy his system , but I did buy his Free Give Away Pick GLUU..........and I most say that it did well today ! GLUU CHART: http://schrts.co/aCkm9o

2nd Chart: https://finviz.com/quote.ashx?t=GLUU

[blindsquirrel]

I agree with Bluewolf. A great repeatable formula for picking stocks does not logically lead to selling classes and picks. It leads to an island that you own, tanned and rested and alone, surrounded by enormous piles of money. (credit Disney and Tangled)

HOWEVER, I used to make a crazy profit in OTC (and a few NASDAQ) stocks by following these scammers. They all essentially follow this pattern:

1. Build a brand
2. Find (or create) a ticker with a good story and a low float and buy as much or all the shares.
3. "pump" or release info on the ticker to create demand, driving up the stock price.
4. "dump" or slowly start selling off their position at a great profit.

If you buy and sell with your eyes open, understanding it is all a scam, you can make money off these "picks". Just don't drink the cool aide and believe the hype, or you will be the one holding the shares when the music stops and the price is below a dollar. Trade the price action instead of the hype.

[Phoenix7]

Guys that is what I like about this site ..........the intelligent thought put forth by the respondents! Thank You.