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Author Topic: Peter Leeds, Motley Fools And You (Chrissy)
Purl Gurl
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Chrissy, this is a repost of an article over
on the "Free For All" board here at All Stocks.

Cruise through that board to read about
significant profit earnings for stocks
mentioned in this article.

**

The absolute greatest challenge for investors
is initially finding stocks of interest. They
are very hard to find and most are worthless.

This difficulty in finding good stocks, all
this work required researching stocks, is a
prime factor in people making bad decisions
simply because they are tired of looking;
laziness leads to losses.

You can find good leads watching television
programs, like CNN Financial. You may also
discover tips reading the Wall Street rag.
There are numerous sources of information
which are helpful.

However, there is an inherent problem.

When you pick up your Wallstreet litter box
liner, sit at your breakfast table and begin
reading, it is already too late. While you
are sipping jitter juice and hardening your
arteries with buttered toast, days prior,
tens of thousands of insiders, have already
invested running prices up.

Sites such as Peter Leeds, do give you some
advantage, but not a lot. Nonetheless, a
slight advantage can translate into a lot
of profit.

Peter Leeds, this is where I found the LQMT
stock, the NWD stock and the STG stock. All
have made us money, some more than once.
In this way, helping me find good stocks,
Leeds has paid off.

Yes, we subscribe to Peter Leeds service.

We picked Peter Leeds over The Motley Fools
because Leeds caters to risk takers. His is
a fairly good site at an affordable price.
Motley Fools is a good site for conservative
long term investors.

A reader should exercise caution. All sites
like Leeds engage in some creative claims
in advertisement. All will display their
winning stocks and astounding percentage
gains. None will display their losers.
Leeds is no exception to this.

Exceptionally wild claims, really cheesy
websites, this should be a warning to you
to look elsewhere.

My experience is Leeds picks around sixty
to seventy percent winners. The degree of
"winner" could be argued. I have also noted
Leeds is too optimistic with his projections.

Most of his stocks are sound investments.
Nonetheless, his projected gains for a
defined time period, are overstated. Might
be this year is one of difficult projections,
which has been my experience. We are in a
strong uncertainty transition period.

A few, not too many, of his picks are
absolute losers, total dogs.

My gains in a time period, this means Leeds
consistently predicts growth at a pace which
is faster than should be. His picks usually
do well, but do not perform as fast as his
projections indicate.

Some, however, some of his picks are really
stunning. Not very many but a few picks have
return high fast profits which will make
your nylons roll up and down. Profits well
over one-hundred, even two-hundred percent
in a matter of two or three months.

Personally, taking a risk of sounding smug,
my projections are more accurate than his.

There are some negative points about Leeds
but I understand other sites are worse. A
negative point is he does not perform as
much research as I, personally, would like.
Might be he is trying to keep it short and
sweet. Still, I turn up more information on
a stock which he misses or does not include
to save time and space. A reader is, after
all, expected to assume a lot responsibility
for research and decision making.

Leeds does recycle the same stocks a lot.
This annoys me. Leeds has daily picks, which
are good. He also has a "Hot List" which
is equally good. However, he does recycle
the same stocks too often. Stocks profiled
months earlier, show up again as more recent
picks. That is frustrating; I want to read
about all new stocks, not a rehash of old
stocks with recent news.

An advantage, a positive point, Leeds affords
you a chance at stocks which others do not
find, including the big boys. In this case,
you are the insider and the Wallstreet is
only good for litter box liner.

There is a catch. You have to enter his site
early every Tuesday and Thursday, and monitor
for his new picks. Each and every stock he
picks, within minutes volume jumps and prices
soar. Not such a bad deal if you jump in early
and sell early, then wait a few days for the
dust to settle to make a longer term buy.

Doing this, some would say is unethical. You
are knowingly buying low and selling at very
artifically high prices; you are taking clear
advantage of some investors. Tough luck. That
is the nature of this game.

Balancing out my negative comments with a
little more positive, some of the stocks
I found at Leeds, the profit we took, paid
for subscription at least a thousand times
over. His fee has been paid and we have made
a lot of money. Spin off is some of you also
made a profit off stocks I originally found
at Leeds' site, quite some time back.

Difference is I highlight both negative
points and positive points along with
warning you about risks. Leeds leans more
towards telling you about a stock, providing
a short profile, some company news, and
that is about it. This is ok with me. It
is my responsibility to research carefully.

I have noted some of his subscribers do not
research carefully based on their buying as
soon as Leeds releases information, usually
within minutes. Not enough time has elapsed
between his release and stock price jumps
to have performed good research. Some, as
many do, are buying on blind faith.

Another positive is Leeds, like a few others,
clearly states he does not receive any "pay"
for profiling stocks. I tend to believe this.
If the SEC ever discovered Leeds is being
paid to promote stocks, after stating he is
not, the SEC would be all over him like ugly
on homeless panhandler Saddam Hussein.

I have mentioned this before and this is a
good time to remind you, never trust any
stock profile for which the author is paid.
Often this information is concealed, by
clear intent or better, by deception. Your
buying a stock based on paid promotion is
an absolute guarantee of lost money. Paid
promotions are fancy scams which should
be illegal.

Peter Leeds, on a scale of ten with ten
being best, I would give him a healthy
eight rating. He does pretty good and he
has led us to significant profit.

Do note, I turn up more winner picks than
found on his site, but Leeds does profile
stocks I would not normally find. You can
do well on your own. Leeds, though, does
help quite a bit.

You must be careful to do your research,
however. Leeds won't tell you everything
but rather just enough to get you going.

Paid subscription stock tip sites, yes
they are worthwhile if you pick a good
one. Almost all are complete scams. Do
be very careful in your selection.

I would suggest Leeds for high risk very
volatile stocks, and suggest Motley Fools
for long term safe investments. Both are
worth the money and you will make profits
which will pay for your subscription fee,
in a short period of time.

Well, you will make profits if you do
your homework and make careful decisions.


Purl Gurl


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Love the Market
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Purl -

The ONLY thing I don't like about Peter Leeds is MOST of the time his picks have almost NO volume. Look at his "Fat 5" from last Sept. - With the exception of PointSix, You could be +70 or 80%, but not be able to sell your shares most day.

Other than that - I agree he's good. I don't care too much about his recycling - I have stocks that I've played that have made me money over and over.

His recycle of Everlast made it jump by $1.00, only to come crashing down minutes later

Have a super day,
Steve


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chrissy_a
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Thanks folks for your replies.I think I may subscribe for a year

Chris


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U4TSAF2
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THE ABSOLUTE BIGGEST PROBLEM WITH LEEDS IS THE ABILITY TO TAKE YOUR PROFIT.

AS STATED JUST PRIOR TO MY POST HERE, LEEDS MAKES BUYS AND YES, ACCURATE, BUT TRY TO TAKE YOUR PROFIT. NEAR IMPOSSIBLE MOST OF THE TIME.

NOW SAY YOUR A INVESTOR WITH MORE THAN $30,000 TO INVEST. STEER ABSOLUTELY CLEAR OF LEEDS BECAUSE THAT AMOUNT OF CASH IN ANY OF HIS PICKS WILL BE ALMOST IMPOSSIBLE TO FILL LET ALONE DUMP FOR A 50-100% PROFIT.


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glassman
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U4 is right- if you have 30K to put in one stock-- the motley fool is the guy to see.
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