EXPM:PREGF - Post by User
Comment by
Caribbeanmanon Mar 11, 2014 2:34pm
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Post# 22309230
RE:RE:RE:Marin Katusa's (Casey Research) Pumping
RE:RE:RE:Marin Katusa's (Casey Research) PumpingI'm happy with them. I've tried some of the cheapo news letters and quickly unsubscribed. Just more junk. It falls under the category of you only get what you pay for.
I'm sitting on across the board average gains of 42% since January 1st on the stocks they recommended. They also provide opportunities to get into private placements that never hit the market. "Bought deals". Usually oversubscribed. The last one last week was oversubscribed by a multiple of three after only one day.
The principle is to follow the promote. Which does no good if the newletter backing the promote has little followers. As you can see by what happened to the stock after the promote in the fall and after the "free ride" they have very large following of well heeled investors and the ability to move the stock prices of the companies they tout.
Their entire history is posted for all members to see. The good and the bad and I'm quite comfortable that they know what they are doing. I disagree a bit with your opinion that they are only here to make money. That's like saying you won't invest with Sprott Wealth, Dundee or any of the other large brokerage investment house because they are just trying to make themselves money by selling their services.
It's obvious Greenwood doesn't have an issue with Casey, as he was at their conference, a speaker and a presenter there. If he did have issue with them I doubt if he would be returning their calls or answering their in depth questions and allowing himself to be quoted.
I do agree that some if not all "letter writers" have a vested interest in the companies they promote. Some receive stock and options for their services. I know of one letter writer in the US that presents only to private family brokers. Brokers who work solely for a family unit. In order to get your company in front of his wealthy investors, you have to pass muster and the writer has to believe that the company you represent has the upside. After he agrees to take you on and present you to his large private list and allow you to present at his shows, there's a fee to be paid.
That's my understanding of how some of the letter writers work. Others don't get paid for their services, but some do.
My intention was not to promote Casey, only point out that for myself as someone who invested before Casey even heard of PRD, I'm happy they are promoting the company.