Frequently
Asked Questions |
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Q:
Are you currently
accepting new
subscribers?
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A:
Yes we are accepting new
subscribers. 2024
is Technical Stock Picks
23rd year providing this
stock picking service
using our very specific
stock picking strategy
from the very beginning.
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Q:
What separates your
service from others?
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A:
Most stock pick services
today are geared towards
those who trade
excessively. Study after
study shows excessive
traders lose money, with
day traders faring the
worst. Since most other
services are very
short-term oriented they
typically only look at
very short-term
technical factors,
ignoring fundamentals
totally. The problem
with basing buying
decisions purely on
short-term technicals is
that they are prone to
failure. Even if you use
trailing stops, your
losses end up swamping
your gains over time.
When you trade
excessively all the
additional time, effort,
and stress leads to you
losing money rather than
making it. Nothing could
be more frustrating. If
you've been involved in
the market a while you
probably know this
already through your own
experience.
Our recommendations are
based on fundamental
criteria as well as mid
to long term technical
indicators, which makes
their technical
breakouts less prone to
failure. If a stock
doesn't work out right
away you are still
holding an undervalued
stock, with a solid
balance sheet that
limits downside, that
will probably breakout
successfully in the not
too distant future.
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Q:
How
long do you hold
your positions for?
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A:
Holding periods will
vary depending on market
conditions. We select
stocks that have the
potential of going up
70%-100%+ within 12
months or less.
And of course we aim for
less time. Our picks
will sometimes go up 10%
to 30% or more within
days or weeks after we
recommend them, but we
hold out for the large
70% - 100%+ gains before
we recommend
selling. We look
for big profits.
For us that is the whole
point of seeking out low
priced undervalued
stocks in the first
place. Holding a
winning stock for big
gains is actually hard
to do. This is what our
service strives for.
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Q:
What about stock picks
that go down? |
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A:
There
will be times when stock
picks go down. The stock
market at times can be
volatile, especially the
tech sector. However, we
typically recommend
stocks that trade
between 1 and 2 times
tangible book value.
Also remember from
reading our Strategy
Page that our
typical pick has a
tangible book value
comprised mainly of
current assets. This is
important because stocks
don't typically trade
below their tangible
book values when the
book value is comprised
mainly of current
assets. There are
exceptions such as when
a company is burning a
significant level of
cash. We aim to avoid
these.
Our stock picks have
very strong balance
sheets and no debt. Our
whole strategy revolves
around this. The stocks
are undervalued. The
combination of these
factors greatly improves
the likelihood that a
stock pick that goes
down will make a full
comeback and continue to
go higher rather than
spiraling down and
staying there. This is
why we don't run to sell
our picks if they go
down. We recommend debt
free, cash-rich
companies with high net
asset values (which must
be in current assets).
When you invest in
companies like these,
you can confidently add
to positions that you
are down on, rather than
cutting your losses.
Stocks that you are down
on can end up being your
biggest winners if you
add to your positions.
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Q:
What
categories of stocks
do you recommend and
how often do you
post new picks?
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A:
We prefer small cap and
micro cap stocks. We
stay away from large or
"mega-cap" stocks
because they are
typically over-owned.
When everyone is looking
at a stock, there isn't
much hidden value. We
also prefer technology
stocks for their
volatility and potential
rapid price
appreciation. Our
service looks for stocks
that are undervalued
based on price-to-sales
and price-to-book ratios
yet don't have a history
of trading at such low
levels. Often our picks
are of stocks just
breaking out of basing
patterns. We do not
recommend Bulletin Board
or Pink Sheet stocks.
Fraud and hype is
rampant there. A new
stock pick is posted on
a web page for members
approximately once every
ten trading days. You
will also have access to
prior picks on the
member's page. We
email you when we post a
new stock pick on the
member's page and alert
you by email when we
feel it is time to
sell. All stocks
recommended are priced
under $10 and trade on
the Nasdaq or NYSE. |
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Q:
What
happens when my
subscription term is
over?
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A:
You will automatically
be billed for renewal of
your subscription.
However you have total
control over your
subscription. If you
want to discontinue your
subscription just log
into your paypal account
and unsubscribe. You can
also ask us by email to
discontinue service
which we will do for you
the same day you request
it. It doesn't get any
easier. |
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Q:
What
is your service's
refund policy?
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A:
We do not offer refunds
on our 3 or 6 month
subscriptions.
This policy is the same
for most other similar
services that provide
this type of
information.
Also, remember that when
you subscribe you are
getting access to up to
1 year's worth of prior
picks. Our
subscription terms are
brief and we do not
force you to make a long
commitment. Our
orientation towards
value is what compels us
to offer our service at
a price affordable to
even the smallest of
investors. |
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Q:
Is my credit card
information safe? |
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A:
We
use Paypal which means
we never even see your
credit card information,
let alone store it
anywhere. So yes, your
credit card information
is safe since it is only
with Paypal.
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Any
questions? email
us!!
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LOW
SUBSCRIPTION
PRICES
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