But don’t be deceived. A MF recommendation, even continued Buy ratings, is no guarantee of success. They can be very wrong just like the rest of us. They say that over 40% of RuleBreaker Recommendations lose money. The idea is that a few of the winners will be so incredibly successful that they will overwhelm the losses on the losers (if you are lucky enough, or discerning enough to chose those wildly successful ones in advance).
Just as an example, I just looked at the RB recommendations board, and currently, GPRO, which they recommended at the end of October is down over 38% !!!, and Arista, which they recommended at the end of November, and then made a Best Buy Now, is down over 21% in a little over two months, in a rising market. (We discussed Arista on this board and I decided against it because of the looming lawsuit from CSCO). The message is “Use MF recommendations for good ideas, but don’t buy them blindly. They are just regular people like you and me, and are not omniscient, and can be totally wrong at times, just as we can.”. I know that you can say wait five or ten years and GPRO and Arista will probably be up, but you could throw 10 darts at a list of NASDAQ stocks, and you could say the same thing about 8 of the stocks you’d hit. Doesn’t prove that they are good recommendations for right now. JMO
Saul
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