RE: RE: Brien Lundin's October report on PCY..Im sure he did...
newletter writers would be stupid not to take cheap shares...
what people need to realize is this....
newletter writer or not, if you calls suck, you're not going to stay in business long....
the newsletter writers who have been around for awhile are there because they draw in subscribers....
how do they draw in subscribers?...
if they dont make $ through subscription, they make it from fees collected from the member companies they cover..
again, if they misrepresent the information or make bad calls on their client companies, they will not draw in readers, which in turn the client companies will drop the newletter writer, as a writer with a small reader base will not do them any good..
being a newletter writer ultimately comes down to this...
do they make their readers money more times than not?..
do they profit off of that?...sure they do....
but again, they wont last in this business if they have no track record or credibility...simple as that...
I'll eagerly lend an ear to the likes of Dines, Lundin, Coffin Bros, Roulston, ect who haven proven themselves over the years every single time...whether he/she had cheap shares issued to them as part of their compensation or not...I could really care less...