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Q: Website validity ( Answered 5 out of 5 stars,   2 Comments )
Question  
Subject: Website validity
Category: Business and Money > Finance
Asked by: patsynj-ga
List Price: $19.50
Posted: 15 Jul 2005 14:46 PDT
Expires: 14 Aug 2005 14:46 PDT
Question ID: 543973
Is this a valid website (http://www.growth-stock-picks.com) or a
fly-by-night operation?  Also, can you list five similar websites that
offer like advice? Thanks, Patsy
Answer  
Subject: Re: Website validity
Answered By: wonko-ga on 15 Jul 2005 15:52 PDT
Rated:5 out of 5 stars
 
These folks operate a sizeable number of websites providing
investing/financial information.  Web Enterprises, Inc. and/or Robert
Rosenthal and/or associates have a connection to the following sites:

http://www.growth-stock-picks.com (Established July 23, 2004)
https://www.godaddy.com/gdshop/whois.asp?se=%2B&domain=GROWTH%2DSTOCK%2DPICKS%2Ecom&ci=1718

http://www.pennystockcenter.com

http://www.profitableoptions.com

http://www.stock-profits.com

http://www.streetupdate.com

http://www.web-apc.com (Established April 15, 2003)
https://www.godaddy.com/gdshop/whois.asp?se=%2B&domain=web%2Dapc%2Ecom&ci=1718

http://money-profits.com/ (Established April 3, 2003)
https://www.godaddy.com/gdshop/whois.asp?se=%2B&domain=money%2Dprofits%2Ecom&ci=1718

I would be extremely skeptical.  The sites I checked have not been
around very long.  Why would you want to pay for a newsletter from
someone who offers absolutely no credentials or other information
about himself?  The large number of websites associated with this
individual hyping various financial materials of a potentially dubious
nature makes me suspicious.  If I did order anything, I would do it
with a virtual credit card number from my bank with a limit on charges
for only one month of service.  Some of these types of companies make
cancellation very difficult despite their "guarantees."

Tons of "growth stock newsletters" are available.  Simply searching
Google with the terms growth, stock, and newsletter results in
several:

"OTC Growth Stock Watch Newsletter" http://www.otcgsw.com/

"The Coolcat" http://www.coolcatreport.com/

"Winning Investing Stock Newsletter"
http://www.winninginvesting.com/investing_newsletter.htm

"The Growthstock Advantage" http://www.growthstock.com/

"Newsletter Digest Package"
http://investorsleague.com/stockfocus/NewsletterDigests.html

I am not endorsing any of these newsletters, but they appear to be
focused on the same types of stocks as the site in question.

Personally, I would seek out a Certified Financial Planner if I was
going to look to someone for financial advice.  At least they have to
pass a test and have ethical obligations to you.  A lot of newsletters
enable illegal pump and dump schemes.  You might also check out the
SEC website at: "Protect Your Money
Avoid Trouble ? Investor Alerts"
http://www.sec.gov/investor/alerts.shtml for some good tips about
avoid investment fraud on the Internet.

Sincerely,

Wonko
patsynj-ga rated this answer:5 out of 5 stars
Thank you. I appreciate your comments too.

Comments  
Subject: Re: Website validity
From: riccja-ga on 16 Aug 2005 09:25 PDT
 
Most are not worth the money you pay for them...also there are a few
pay sites that are. The best pay site I have found is Richard Band's
site. He is very conservative buy his picks are excellent. And
reasoning is sound. In addition there is a free site that has been
around over a year now that is beating the indexes handily. Its
wallstreetwinnersonline.com

Good luck
Subject: Website validity
From: patsynj-ga on 17 Aug 2005 03:05 PDT
 
Thank you!

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