Recent

% | $
Quotes you view appear here for quick access.

Yahoo! Inc. Message Board

  • hardwood1400 hardwood1400 Dec 14, 2006 4:21 PM Flag

    GorillaTrades...Opinions

    I'm thinking of subscribing to GorillaTrades and would appreciate anyones opinion regarding the service. Thanks.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Instead of subscribing to Gorilla Trades, just buy yourself some IWM (Russell 2000) calls. When IWM goes up, Gorilla picks go up, and when IWM goes down, those picks go down. Gorilla is usually just touting a handful of IBD 100 stocks, which are themselves usually the highest-beta stocks from the Russell 2000 with recent relative price strength. Truthfully, they're all feeding off the same database of stocks - if you do a search (in MSN or other free tool) for stocks with a relative strength > 80 or even > 90, and a beta > 1.75 or 2.0, you'll get IBD100 and Gorilla stocks. It's not rocket science. Hi-beta momentum stocks move up faster than the market during a bull run, so the services that tout them look great in the middle (or near the end) of a rally, like now. But those stocks take it on the chin, really hard, when the rally ends.

    • It is a recipe for double digit loss! Don't ever try it. I tried it for two years and had huge loss. Now I am trying to do my own research and accumulate shares with solid fundamentals over time. GorillaTrades's recent pick includes NUVO when it was trade over $20, now it is $4. Its past picks include ELN dropping from $25 to $5 and SNDA dropped from $39 to $15. Its recent pick also includes NDAQ (at $38.5) and GENZ (at $68). If you buy every pick, you may win. But how can you? I seemed to always choose to buy the losers.

 
YHOO
26.76+0.43(+1.61%)Feb 11 4:00 PMEST