Every now and then the press comes to me to ask for some quotes and despite my devoting my life…literally…to subscribers of my 4, I comply because it’s important to get the good word out in an industry full of scum.
In mid-May I posted some of my recent press and I’ve done a few since then…the most important being with SmartMoney on being careful who you trust on the internet when it comes to financial commentary as websites galore will make you think these people are respectable and trustworthy when the liars/cowards are too scared/incompetent to post their ACTUAL performance on sites like and Covestor (yup, I’m still #1 out of 60,000+ traders over the past 4 years as my acocunt has increased from $12,415 in Nov. 2007 to $201,000 now, a gain of roughly 1,500%.
Here’s my quote:
Some more unscrupulous or even mainstream sites may use sensational headlines to attract readers and — as a result — lead to unwise investment decisions by smaller, less-savvy investors, says Andy Nyquist, an active investor based in Minneapolis, Minn. On top of that, the sites typically summarize or use portions of the reports, and those snapshots may not always be wholly accurate, says Timothy Sykes, a short-seller and blogger whose site, Investimonials.com, reviews financial websites, bloggers and . The sites are primarily out for the traffic, says Sykes. “Everyone wants the most Twitter followers and biggest RSS feed users.”
Another danger, says Sykes, is that it’s hard to know what qualifies many of the writers and bloggers who report or republish such research. “You don’t know whether a writer or blogger is a multi-million dollar hedge fund manager or some guy living in his mom’s basement,” he says.
Here’s the rest of the articles:
July 18, 2011: Huffington Post: Justin Bieber Fights Texting While Driving
July 12, 2011: Gawker: The Shady Company Behind Justin Bieber’s Anti-Texting Crusade
June 24, 2011: SmartMoney.com: 5 Sites for Hot Stock Tips
June 24, 2011: Under30CEO: How to Successfully Manage a Team Remotely
June 23, 2011: Portfolio.com: Social Studies: Millennials Hit the Networks
June 22, 2011: AllBusiness.com: Living Life On The Move
June 14, 2011: American Express OPEN Forum: How To Compete With The Big Boys
June 9, 2011: Huffington Post: Entrepreneurial Burnout? 17 Tricks To Get Over The Hump
May 24, 2011: Frontpage MSN Money “Justin Bieber’s Penny Stock Trouble”
May 24, 2011: Business Insider Justin Bieber Endorses A Broke Money-Losing App Company Owned By A Convicted Felon
May 24, 2011: New Times Justin Bieber Endorsed Troubled Local Phone App Created by Convicted Felon
May 23, 2011: The Wall Street Journal 8 Must Reads For Monday
May 19, 2011: The Wall Street Journal The 8 Most Important Must-Reads for Thursday