
04-30-2007, 08:31 PM
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Super Member
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Who would have thought
I am sure like most to the traders on this site you get tons of snail mail for one system or another. Or if not a system a newsletter that would double your money in as little as 6 mos. in the stock market. I get about 15 to 20 of such items a month since I started trading stocks. The thing that really upsets me is that no matter what I seem to do I just can't get them to stop sending this junk mail. Today as usual I got my fair share of trading advice from various sources around the country. The three biggest areas it seems to me are Maryland, Florida and Colorado according to the distribution of the mail I recieve without asking for it.
Today I recieved mail from two one was VSA a cousin to Omnitrader which I did purchase at least 7 years ago and it did not perform well for me and I think was quite the investment scam at the time. The second piece of mail was one I had not heard of before and frankly was quite surprised by because I have never heard of the newsletter nor the person who was pitching the stock.
The news letter was Myers Secret Stock and in it was only one stock listed and that was an immediate buy for an otbb stock SWRI. Now the mail arrives at 1 pm where I live so for the heck of it decided to look it up. It had risen 25% since the opening bell. Checked it again at the end of the day and it closed up 33.34% . I have done this on occasion several times over the last three months and not one of the pitched stocks had ever increased in price. So who would have thought that this stock would have moved as much as it did after the intial check at 1 pm.
Has anyone ever heard of this news letter and if so have you followed it to any extent or was this the one shot in a thousand that they got one right.
I do not subscribe to any newsletters but I have to admit it did peak my intrest in that he got it right.
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The only bad question on investing in the stock market is the one that is not asked.
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