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
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
superrod
- 30 Dec 2003 21:46
- 33 of 109
i regularly get mail shots from "The Zurich Club". apparently they are a close knit group that meets in posh hotels to discuss shares over a lavish meal ( as hinted at earlier by Andy ). the question that always pops up immediately in my mind is: IF they are so successful AND membership is limited ( in a REAL sense....eg say 2000 members and then its one out before another in ) WHY do they keep trying to get me to join? and WHERE did they get the idea i would be interested? not to mention my name and address?
if i get another mail shot i will post it here.
if it looks too good to be true it IS.
IS THERE A GOOD TIPSHEET?
how about the other point of view? IS THERE A BAD ONE?
imho i would stay well clear of the guy who has tipped on CH5 text. wont post his name in case hes reading this LOL
malcolm someone......
goldfinger
- 31 Dec 2003 04:05
- 34 of 109
Guys this has been a fantastic debate, and I have to say its been fasinating.
We get Andy , who is a great guy and lets face it he speaks from the heart, the guy is a real truffle finder (andy nowt meant by this)and I say well done.
Now the important fact that I beleive is that ok, some T' Sheets are crap but as and as said its an excelent place to start research.
Please do not put a tip sheet down. take out the positives and chuck the negatives into touch.
A lot of people have asked me If I would start my own online tips site, and I always say no, and the reason being that I have been in this business over 20 years now, yup im only 37 but i have made my money and I come from a poor working class background, its just too much to take on at my time in life.
If anyone is interested in this business I would always provide some kind of support, but im very sorry I cannot give the kind of support I have been asked to give on SC at times.
Anyway Im now doing a trawl of the BBS, and will see you guys after the new year.
LOOK AFTER YOURSELFS, AND DO NO DRINK AND DRIVE, GET A TAXI.
HAPPY NEW YEAR TO EVERYONE.
regards Goldfinger.
Andy
- 31 Dec 2003 08:22
- 35 of 109
GF,
LOL!
Thanks, and have a good New Year yourself, look forward to resuming the debate after the festivities!!!
hilldee
- 31 Dec 2003 10:46
- 36 of 109
Tip Sheets. By definition any tip sheet is out of date as soon as it hits the stands, ergo the first flush has gone before YOU can deal. Not that this belittles tip sheets - but not many folk seem to know how to use them.What many provide is a reasoned argument for the future profitability of a given stock. Quite naturally the Marketmaker will IMMEDIATELY mark the tip up by a profitable amount, thus ensuring that all the idiots who read and reach for the phone in the same movement will pay for his day. Now. There is ALWAYS a first rush into a tipped stock but, often, this will produce some selling from stale bulls and can often lead to a price weakness about ten days on. This does not remove the underlying sense in such an investment, it merely means that you are in for a longer haul than a few immediate pence. How do you read all the tip sheets ? Well, you dont. You have the information distilled for you in the shape of a publication like 'MoneyWeek' where you can study a cull of the recen t tips and buy at your leisure. You wont benefit from the first flush but you will have a nice glow long after the others have flitted to another plant.
goldfinger
- 01 Jan 2004 00:21
- 37 of 109
Andy, post 30 very interesting indeed. I did have subs to this about 5 years ago, buy youve now got me looking for my cheque book. Many thanks for those stats.
cheers GF.
brianboru
- 01 Jan 2004 13:19
- 38 of 109
I tend to use the FT (Saturdays) and The Business (Sundays). Being a tight old git I also pop in the local library some weekdays and read the FT for free. Their comments on companies results are usually a good guide. The old LEX on the back page used to be superb, very rarely giving an outright buy but when he did you were in the money. Seems Lex is now an amalgamation of the whole editorial team? though and not, in my opinion, as good.
Moneyweek, as mentioned by hilldee, also seems a good buy.
I used to buy Investors Chronicle a while back until I noticed that it's small company tips were possibly being leaked prior to publication and would always have extra buy volume on the Thursday before to comming out on the Friday.
dorothyperkins
- 01 Jan 2004 18:50
- 39 of 109
I
I would recommend small company sharewatch (or scsw as also known). Picked up some terrific winners for me in 2003 - PhotoMe +400%, Imaginartion +200%, Filtonic +400%, (in less than 12 months!!!!!!))
easily pay for any errors they make esp if you follow a stoploss. Special offer of 79.50 for new subscribers- easily pays for itself if you are in any way a serious investor.
recently bought into Centurion, Kleenexe (+100% in 7 months) Armour and Vega after they tipped them (Vega now +100% in 5 months!)And the articles tend to be very thoroughtly researched.
You should call tehm on
\
0208 656 4648
andget a sample issue to decide for yourself. My ISA has gone from 28k invested to 100k+ now. I cannot grumble,..!!
Andy
- 01 Jan 2004 18:59
- 40 of 109
DP,
Thanks for that, impressive returns I have to say.
A couple of questions if you don't mind;
How many stocks do they tip/recommend per month?
Do they advise when to sell?
Do they publish result tables?
TIA,
Andy.
gardyne
- 01 Jan 2004 20:46
- 41 of 109
Best tips i got last year did not come from a tip sheet but the posters like youself Andy on mam.I started a thread on the bb's asking for tips and the feedback was brilliant and i must say helped me have a successful end to the year.Thinking about posting it again once the new year share tips are out of the way.
Andy
- 02 Jan 2004 00:43
- 42 of 109
gardyne,
Thanks for the kind words, and I agree with you, BB's are an excellent source of information, and certainly provide fertile ground for new ideas for stocks to consider, and to further research.
I have certainly found profitable stocks after looking through the BB's, and owe thanks to those posters that first aroused my interest in those stocks that I have subsequently checked out, and gone on to make a profit on.
Hope you had a good New year, and please do start your thread again, it will no doubt throw up some news shares, and this BB is busier than last year, so well worthwhile trying IMHO.
Andy.
dorothyperkins
- 02 Jan 2004 17:59
- 43 of 109
Andy,
Sharewatch usually recommend 2 main tips a month, and sometimes two smaller "idea" tips
so circa 35 main tips a year - not a scattergun approach used by others
It also has continues update every month on changes in forecasts and also on newsflow, sometimes they get it wrong, but from my experience not very often
they also visit every company they write on and most of the information tends to be very unique not just a rehashed announcement.
For 79.50 it more than pays for itself. cheap when compared to broker commissions - sack your advisory broker get cheap dealing and get sharewatch
like i said, my isa has more than quadrupled in 2003 from 28k to 100k+, largely on following sharewatch tips.
I also get the chronicle as general news but sharewatch is focused on small caps where you get big winners. call them on 0208 656 4648 and get a sample so decide for yourself.
you would be stupid not to try it!!
aimtrader
- 03 Jan 2004 01:05
- 44 of 109
Has anyone any comments on web based tipters such as t1ps, Michael Walters, or Frequent Trader?
Andy
- 03 Jan 2004 19:08
- 45 of 109
DP,
Ok thanks, I will call them for a recent copy, and check out their performance.
yf23_1
- 03 Jan 2004 20:15
- 46 of 109
You don't need a tipsheet to pick momentum plays, just look at the charts.
They alway pick small high risk or recovery plays or stocks with possible blockbuster potential or just tech (because people always buy tech).
After the tips are releaed they become self fulfilling - until reality sets in and then they crash, but the insiders will have got out by then.
If you don't get it, its high risk for high returns with an edge due to the tipsheet effect.
aimtrader
- 03 Jan 2004 22:49
- 47 of 109
yf23.1
To a degree what you say is true, but that could be said of all share comment.
I think what is being sought here is a tipsheet that consistently picks growth stocks in their infancy, rather than short term trades.
At least that's what i want from a tipsheet.
Has anyone heard of Investorease?
Is so, any comments welcome!!!
goldfinger
- 04 Jan 2004 01:06
- 48 of 109
Aimtrader, heres my thoughts on the 3 online tip sites you mention.
T1ps - T Winnifrith seems to have got out of his problem of not being able to sell stocks he has picked, and especially dogs. There is some excelent web casts with star profile gurus like Evil K , N Wray, Young Slater and so on.
Updates are very punctual and he does some fine online casts with the CEOs of the companys he has tipped.
Downside a lot of people would say that TWs tips could be more adventurous. He also seems to be a chap who is rather inflexible aswell. The B/Board is very quite and censorship is often overdone.
M Walters Site- Excelent site this and Mike Walters really is adventurous especially on techs. B/Board is top class and you do get some of the best non - pro tipsters about posting. He does have guests on the site.
Downside - Tends to do a lot of tipping of small companies on Ofex. Sometimes doesnt tip for weeks on end saying that this is because it just isnt worth it and the markets arent worth going into. Doesnt get the real big names like T1ps.
Frequent Trader - Robbie Burns a pal of mine, well I say its top class and he isnt a tipster as such but gives a daily diary.
Downside Doesnt tip AIM Stocks.
cheers gf.
goldfinger
- 04 Jan 2004 01:09
- 49 of 109
Any way judge FrequentTrader by clicking on the link below. Its free.
cheers GF.
http://www.frequenttrader.info/p2.html
renegade
- 04 Jan 2004 16:28
- 50 of 109
I add my voice to recommend frequenttrader.info - excellent information with no jargon and free access, have made a lot this year from this site especially Van and Tep.
Andy
- 04 Jan 2004 17:02
- 51 of 109
Another reply from the Trader's |Room.
=============================================
hawkeye - 04 Jan'04 - 16:51 - 4 of 5
Andy,
Since April this year, I have subscribed to RedSkyResearch Aim and Ofex newsletter, see www.redskyresearch.com
I started the subscription because I needed to build an aim portfolio which has to be held for at least two years. So far they have done me very well, but it does beg the question, could any one have failed to do well this year? This is emphasised by the amount of crowing going in the financial sections of the papers this weekend:-)