Thanks to this freakish looking guy for getting paid thousands of dollars to write up aggressively marketed hardcopy and email advertisements on horrific carcass companies like JYHW, NXTH and AENY...selling the hype and hiding reality, I love it! I've made tens of thousands of dollars betting AGAINST every one of Wollstein's "picks" as the advertising copy is uniformly BS, as are the absurd price targets that 10-100x current prices to lure in the gullible)...all that matters are the disclaimers where he admits getting paid in cash or stock...see how I posted on NXTH and predicted its 50%+ intraday collapse the next day all as Jarret Wollstein of IR looks to have commented in the comments section, egging on my readers to short and be squeezed LOL
also see much more detailed investigative journalism form thestreetsweeper.org, cutting through wollstein's crap:
AENY: The Dirty Truth behind the Pretty Coal Stock
by Melissa Davis - 1/19/2010 7:49:31 AM
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Last fall, around the same time that British Columbian regulators issued a cease-trading order for Americas Energy Company (AENY.OB) stock, U.S. investors began fielding bullish emails urging them to buy the company’s shares.
The Intelligent Investor Report, a promotional newsletter published by Jarret Wollstein, highlighted AENY (then trading under the ticker symbol TRET) as his top coal pick of 2009 and predicted that the company would be producing more than $100 million worth of coal annually by the end of next year. He portrayed AENY – a shell company with limited operations -- as a likely “10-bagger” for fast-acting investors willing to buy the shares early and then hold onto them for the long term.
If investors read the report closely, however, they would have learned that it was nothing more than a paid advertisement financed by an obscure firm (calling itself Bistro Ltd.) with 1 million shares of AENY stock that could be “publicly traded (sold) at any time.” They would have also seen that Wollstein himself personally collected $10,000 for writing the bullish report.
Since then, Wollstein has followed up with yet another – even rosier – AENY report financed by the mysterious Bistro. This time, Bistro paid a whopping $700,000 for distribution of the newsletter. In the new report, Wollstein abandoned his previous $11 price target for AENY’s stock and replaced it with a $20 projection that he characterized as conservative in nature.
At one point, in fact, Wollstein claimed that AENY could be sitting on coal resources worth more than an eye-popping $700 a share.
“Even aggressively discounting that by 90%, that still puts $70.37 of coal into every share of AENY,” Wollstein proclaimed. “Even if you have to pay $5 a share for AENY, you’re getting a bargain of a buy with huge remaining profit potential.
“Buy AENY immediately,” he concluded, because “the sooner you load up on AENY, the better.”
Wollstein did not respond to a request seeking an interview for this story.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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