Hey, Rob L., Phase 1 never recommended buying ARNA! They said DON’T buy the stock, buy a call spread. They sold the spread after the announcement for a 40% loss and then recommended selling the July $2.50 put for enough money to get the loss back.
But, overall, Phase 1 does not seem to “get” stock valuation, and tends to gloss over the negatives, so a lot of their recommendations hit their 25% stop loss and disappear.
Plus, it is really expensive.
Disclosure: My newsletter, New World Investor
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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