Andy
- 27 Dec 2003 19:25
All,
Adverts for tipsheets abound, all making their own various claims of success, some of which are somewhat dubious, to say the least.
In particular, I am thinking of the tipster that advertises his gains by using mid prices, which grossly distorts the true figure, if you were to utilise the bid-offer spreads that existed at the time.
I see adverts for Trendwatch, Red Hot Penny Shares, Growth Company Investor, Fleet Street Letter, to name but a few.
The question is, is there a GOOD tipshheet/tipster out there?
Is there a tipster/tipsheet that gives only occasional tips, rather than the "3 tips every week" type?
If so, please name them, and give your reasons for the nomination.
An idea of subscription price may be helpful as well, in case anyone was thinking of purchasing.
looking forward to some interesting replies!
TIA
Legins
- 28 Dec 2003 23:22
- 13 of 109
Regarding my previous post.
For anyone who would like to find out more about Reuters Equis Metastock visit this website.
http://www.paritech.co.uk/default-uk.asp
I have no interest other than as a user of this software but very happy to recommend it and the customer/user support services and training that Paritech provides.
superrod
- 29 Dec 2003 10:26
- 14 of 109
Andy
RHPS
i know its a well known tip sheet, but since TW left, it has improved enormously. whereas tom would hang on to his favoutites til the death ( sometimes literally ) recent editors are not afraid to admit mistakes early on and sell, saving investors a great deal of pain. i subscribe but only buy about one in 15 recs. generally doing very well with them.
Andy
- 29 Dec 2003 11:47
- 15 of 109
supperod,
Ok thanks for that, I must admit I stopped RHPS after Bruce MCwilliams joined, simply because they weren't prepared to send out email alerts if one of their tips turned sour.
I spoke to Bruce about it, and he said it "wouldn't be fair" on those without email.
I would have thought that there are very few people without email access these days, and really what he was saying is that the many have to suffer (financially) to be "fair" to the few!
I know they picked Oxus a few months ago,and my Shareclub want to subscribe to a tipsheet, hence my starting this thread.
One person on another BB proposed a group of people all subscribing to different tipsheets, and pooling the info. Not sure if that ever got started, but it seemed a novel idea at the time.
Andy
- 29 Dec 2003 11:48
- 16 of 109
There have been a couple of replies in The Trader's Room, which I am copying here.
================================================
Seymour Clearly - 28 Dec'03 - 23:43 - 1 of 3
Andy, Interesting topic. I subscribe to Hemscott Analyst. It's an e-mail based sheet, all the tips are at the mid price, I have questioned them about this dubious practice and they would like to do it otherwise but the "industry standard" is mid price so they want their tips to be seen in the same light as everyone else. I tend to watch them but rarely buy them. Some small caps stocks can show huge price increases on the day but this is rarely sustained. I am very wary about buying small caps on their tips as the lack of liquidity makes huge swings inevitable. They do at least do a warts and all analysis on all their tips and hold their hands up when it goes wrong. imho it's one of the better ones around, and comes with t.a. attached to fundamental analysis.
mbbcat - 29 Dec'03 - 07:40 - 2 of 3
for uk mkt & stocks gni offer a variety of research some of it apears to be quite good
for forex see saxobank's daily report (free) also seems to get more right than wrong
imho nag dyor etc
superrod
- 29 Dec 2003 14:13
- 17 of 109
Andy
pooling resources of different tip sheets may sound a good idea, but in my view is a non starter. most unfair on those paying a sub, plus the general idea of paying for a tip is to be ( hopefully ) a step ahead of other investors. i know bruce took a very dim view of any subscriber posting RHPS tips, and rightly so. i mailed him about "bulletin board thieves" and the next edition of RHPS carried that very phrase in the editorial. i didnt get recognition, so gracefully put it down to co-incidence. however i dont see anything wrong in anyone posting tips after a few days
Maggot
- 29 Dec 2003 15:41
- 18 of 109
For long-term investments Analyst is probably almost unbeatable - they do an enormous amount of research including visiting the companies and talking to the staff. They do not give tips, but cover about 40 companies, and each month they state whether the price is attractive (and they give the price they are talking about), or to hold, or to take profits. They cover the same companies every month, with about 10 in-depth features each month. Occasionally they bring in a new one or drop one which they consider does not reach their requirements. They are mainly run-of-the-mill companies which they say they understand well - eg Ultraframe, Next, DFS, Provident Financial, Speedy Hire, Rentokil, Wetherspoon, Hornby, Carpetright, Capita etc. No biotechs or pure tech companies.
Their website is: analystinvestor.com
They also have an investing service - I've only ever had the monthly magazine, which is 159 a year - expensive by some standards. I also understand that Techinvest is highly regarded - this focuses on tech companies.
Andy
- 29 Dec 2003 17:21
- 19 of 109
supperrod,
I agree, but the idea (not mine BTW) was for a private email group, nothing was to be posted on the BB.
The idea was for each member to suscribe to a different tipsheet, and share the information within the group.
I agree with you about "BB thieves", but the MM's always know the tips in advance, and conveniently mark up the prices accordingly!
Dil
- 29 Dec 2003 17:51
- 20 of 109
superrod
- 29 Dec 2003 22:47
- 21 of 109
Andy
i got lucky recently with the postal strike. i received a tip sheet a day early :0}}}}}}}
Andy
- 30 Dec 2003 09:21
- 22 of 109
Dil,
Thanks for the link.
Supperrod,
So you could have beaten the MM's for the rise then!
I think their copy should be sent second class post persoonally.
goldfinger
- 30 Dec 2003 11:53
- 23 of 109
Andy, heres a link for you to TechInvest. Click on the top header bar far left Performance and see new buys and current portfolio.
http://www.techinvest.co.uk/
cheers GF.
B_ASKIN
- 30 Dec 2003 13:23
- 24 of 109
I received a flyer about "THE ZURICH CLUB" in August this year (long since disposed of)and posted on here for info from anybody about them. Did not receive any reply.
Andy
- 30 Dec 2003 14:00
- 25 of 109
GF,
many thanks, that's just what I wanted!
I have had a look at Techinvest's performance table, and they have had an exceptional year by the looks of it.
Even allowing for the bid-offer spread, and dealing costs, they are well up.
The average number of tips per month is 3, so anyone investing 100 per tip would have made a superb return on their investment.
I will produce some figures from their table later.
Once again, thanks.
Andy.
Andy
- 30 Dec 2003 14:03
- 26 of 109
B_askin,
Sorry you didn't receive any replies, maybe nobody has heard of the "Zurich Club"?
I have heard the name, I believe they meet in London hotels, but if I remember correctly, the subscription fee is a bit hefty for small investors.
Out of interest, did you do any research away from this list, and did you find anything that may interest this topic?
If so, please post it, the more the merrier!
B_ASKIN
- 30 Dec 2003 16:49
- 27 of 109
Andy,
I didn't bother to look any further because I am a relative newcomer and since I have been reading this BB and shares magazine, I realise there are some very helpful and well informed people posting.
They also give an insight into the tricks that the Market Makers play which I find very useful.
I have also seen posts refering to individuals who have sent "too good to be true"flyers through the mail so I have avoided expensive mistakes.
It also keeps the cost down as I am still in the early stages of building up an investment pot.
Andy
- 30 Dec 2003 18:06
- 28 of 109
B_askin,
To be honest, Shares Magazine is a decent source of information, at a fairly modest weekly cost.
The articles are normally clearly written, easy to understand, and form a decent starting point for looking further into a particular company.
By reading Shares magazine you get to hear about companies in areas you may not otherwise do, and in this way I heard about Cardpoint, which is well up on the price it was recommended at.
They also recently recommended a "sell" on Avocet Mining, which, in my opinon, is so far wrong I nearly emailed them! time will tell if they, or I am right, but nobody gets it right all the time.
regards,
Andy.
zarif
- 30 Dec 2003 18:22
- 29 of 109
Andy: instead of looking for tipsheets else where -i hope u dont mind me saying that isnt it "woods for the trees" effect as the resource is right in front of you the bb/ib. there are a lot of very experienced traders here and if you start a dedicated thread than you shall have the latest and researched info collated and open to discussion the "world would be your oyster" pick and choose what u want dyor etc.Alas to say thats my two pence worth as i am a s/b person and rarely deal in shares.
i hope this helps and no offence intended
wishing u the best.
rgds
zarif
Andy
- 30 Dec 2003 19:45
- 30 of 109
Zarif,
I agree with you completely, the BB is an axcellent source of ideas and information.
BUT - not everyone on a BB posts honestly, so you have to beware, it is a bit of a minefield. On ADVFN for example, there is a group of posters using multiple logon id's to ramp certain stocks, and yet this isn't obvious to the casual observer.
I started this thread to see if there was one tipsheet that people would recommend, and to monitor people's observations of the various sheets available.
My shareclub expressed an interest in subscribing to a good one, so I am attempting to assertain which one people like the best.
One of the members had a sample of RHPS, which peformed poorly during the time I subscribed, which to be fair, was just after the dot com boom, when everyone was losing.
Thanks for the reply,
Andy.
Andy
- 30 Dec 2003 19:55
- 31 of 109
GF,
I have done a quich calculation using the Techinvest results for 2003 January to November.
They tipped 34 shares.
If you had picked THE WORST of the tips from each month, you would have made an average gain of 27.11%!
Of these WORST choices, there were 8 positive results, and three negatives.
The best gain was 72.72% (from January)
The worst loss was -13.04% (from November)
So, if you had made one investment of 100 each month, and managed to pick THE WORST performing of their recommendations for the whole year, your 1,000 investment would have made a profit of 298!
I have to say Techinvest's record is impressive.
If I have time later, I'll calculate the average of the mid and best choices, and in November their BEST pick gained 1065%, and yes, you read that correctly!
Andy.
zarif
- 30 Dec 2003 20:30
- 32 of 109
andy - i understand what u mean and endorse that point the points that u make.not so long ago Gf had a lot of malaise directed to him.This is one of the best sites and if only there was a way to eliminate untrue rampings it would be no1 and untouchable on a class of its own that traders can utilise.
rgds
zarif