For once I agree with the digit genius. That Sierra operation (oh, what a marketing stroke of genius to use Sierra in its name) is, in my opinion, a joke! Check out its website. It reads like a typical penny stock advert. It's investment targets are based on "complex algorithms". Are you impressed? I'm not - - not at all!
"Using complex algorithms in our price targets and ratings Sierra World Equity Review makes accurate calls! We now update our 10 day short term price targets and BUY or SELL ratings for each stock every 14 days. Sierra World Equity Review also provides results of a daily stringent Money Flow Index screen reflecting the most EXTREME overbought and oversold stocks across the markets, it is highly improbable these stocks can sustain their momentum thereby giving very high percentage BUY or SELL signals."
Can you find anyone's name? Who's in charge? What is Sierra's track record? Is there anyone at Sierra who has credentials that might lend credibility to its investment advice, particularly its short-term recommendations? I think not.
The fingerman is right! Sierra is not Goldman - - not by a very long shot!