RE:RE:RE:RE:RE:RE:RE:RE:GMT Capital buying again
I have watched many Marin Katusa recommendations over the past 3 years. He has taken a MAJOR loss on at least 4-5 of his recommendations. He "pounded the table" and "trusts leadership" and hypes "major assets". Yes, some of the watched recommendations would have returned 50% here or 100% there, but 4-5 cataclysmic losses doesnt account for that.
Part of me suspects hes shorting some of this recs and then buying on the other end after he says to sell. He has been so wrong on so many of his reccemended stocks that I suspect now hes just throwing up "stories". The guy is a newsletter writer.
If he and his "team" were any good he would be managing his own hedge fund on the sly not telling anyone about his reccomendations. Or maybe its just that, hes preying on investment dollars from his newsletter followers to bolster deals he is already on the inside of.
Steer clear this guy. Hes a hype machine that will gobble your capital you could be putting other places.