I want to write and in-depth review of Superman's service while using him for the last 6 months or so.
Opinions here seem to be divided between people thinking he just front runs and is a fraud, or a bunch of other random stuff. Here is what I got out of this service, and why I think its good overall, but a bit expensive and not for people who just follow or have a small account (less than 10k) and wont be able to pay off their membership.
First the good:
Chatroom: The chat room is really good. All of the mods super has in the room are spread about a bunch of different specializations. Some are looking to take BIG positions in select stocks and ride it out. others are very good at spotting select chart setups, and others are very good at calling out sectors and finding those most levered to trend. Overall My biggest wins in this room have been from the chat room alerts, specifically from the moderators. They know which news is material which isn't. They are on top of all earnings reports and put in their insight. For the most part they all announce their trades and why pretty quickly, and their trades aren't as subjective to massive spiking as superman's alerts tend to be, because he focuses a lot of low-float and momentum micro caps, although not always.
The Okay, but could better:
1. The videos are very meh and very rarely does he actually go through his strategy. I've actually started from the beginning and watched some of the videos in between to see if I could learn more, and while in some videos he does go in-depth into what he looks for into earnings, or what websites he uses to research and what is methodology is, don't expect a bunch of videos that are solely there to teach you how he finds or what he scans for. For the most part the videos will overview current stocks that are in play and give his takes on the chart patterns, with potential exits or entrances.
2. Superman can be somewhat detached/aloof. This is very dependent on your personally and what you want to get out of the service. Superman is constantly telling everyone to follow rules and not him. to have a plan, etc etc. While I am all for this, as I trade almost full time and spend a lot of time researching and learning, this type of attitude can be off puting to some looking for a mentor. It would probably more constructive if superman at least went over what stocks he is looking to get out of, what he looks for at inflection points, and was overall more involved in some of the finer points of his strategy. While I don't really use this service for this specifically, as I mostly use it for the chatroom and the research/hidden gems superman finds, I can see why a lot of people who just want to trade while having a full time job can be dissapointed or confused when some alerts/picks inevitably miss, or market turbulence causes them to lose confidence.
3. The watchlist
1. The alerts. I was debating putting this here under "the bad" but I'll go ahead and write down my issues. For one a lot of superman's alerts can be ambiguous. While he does state a time period of sorts, it is very varied and hard to truly see what his plan is with some stocks. Furthermore a lot of his alerts can be alerts betting on continued momentum. While these alerts are fine when the market is in rage mode, be very very careful following these alerts when the market is slowing down. Furthermore, Superman's picks are usually also stocks that in action, and after he alerts them they can be even more in action and spike, creating some high risk entries. Overall though, the more substance based alerts, especially picks/research where he finds things hidden in 10k's and read the fine prints in sites can be huge. some of the most unreal gainers while I've been in the service have been alerts superman has given out after finding hidden gems that are potential game changers in company websites, presentations or 10k's. It it these picks that I try to focus on, and while rare, can cover the cost of membership very quickly.
conclusion: Buy this for the chatroom and the hidden gems superman occasionally finds that can make your year. Don't focus too much on the videos and do not follow his trade alerts as they usually spike. Instead focus solely on the Major finds and hidden gems he finds such as ARCW CAMT CARA ZOOM etc where he digs into websites, 10k's etc and finds information that could potentially be game changing.
Furthermore, and most importantly, be VERY careful following his strategy or alerts when the market is turbulent. during shake out periods such as now (march-april 2014) some of his past picks can lose 40%+ . It is of course impossible to determine when these periods hit, but overall if things aren't roaring, and some of the bigger momentum stocks start losing traction. try to focus only on his hidden gem finds.
Examples of hidden gems by superman
ARCW: He found this at 8-10 dollars when it was trading w/ less than 10k volume a day. He found additive manufacturing (3d printing) and a bunch of other interesting things in the 10k and confrence calls.
CARA: right after ipo he found cannboid mentions in some drugs on the website. the line where cannaboids was mentioned was only one or two I believe.
CAMT: another example of him finding some 3d printing mention.
ZOOM: Mention of acuisition.
He also has some current finding I think are interesting, we will see how they play out.
This review is the subjective opinion of an Investimonials member and not of Investimonials LLC
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