Welcome to the Stock Tips Network Blog, hosted by ‘yours truly’ Gravitas, a 30-year veteran of the financial markets. While the theme of this blog will focus on ‘all things related to Financial Market Tips and Recommendations’, there is a serious risk I will deviate into other economic, social and financial market areas! All feedback is welcome in the Comments section below each Post and feel free to suggest any topics you would like me to cover.
One of my favourite movies of all time is Monty Python’s ‘The Life of Brian’. It generated huge controversy from the religious establishment when it was released in 1979 as it tells the story of Brian Cohen (played by Chapman), a young Jewish man who is born on the same day as, and next door to, Jesus Christ and is subsequently mistaken for the Messiah.
In November, 2013 Stock Tips Network launched a new element to the service, known as the Daily Ultimate Stock Pick (DUSP). Up to then, members had been receiving 20+ stock picks per day from a range of services providing stock picks, together with supporting information showing the track record of the previous stock picks provided by these providers.
With 3 trading days to go in the first month of 2014 it is a great testament to the various stock pick providers whose share picks were selected as the Daily Ultimate Stock Pick in January.
For the month to date, these stock picks are up an average of 2.03%, which is an annualised 25%. This would be considered an excellent performance under normal circumstances but it is particularly impressive given that the Dow Jones Industrial Average and the FTSE 100 are down by an average 3.69% for January to date.
I know that imitation is the sincerest form of flattery, but there’s a difference between imitation and theft.
A new website called TradeAbove.com (No, I’ve never heard of them either and conveniently, there is no way to contact them) steals articles about stock picks, share tips and the stock market from reputable content producers such as Stock Tips Network.
I don’t want to do them any backlink favours by inserting links here to the articles they have stolen from us, but a quick search for TradeAbove.com will confirm what we are saying.
We have given them an opportunity to remove our original articles or, at least, give us the credit for them, via a backlink or otherwise, so the only alternative is to highlight their theft in an article like this which will presumably appear in search engine listings when someone does a search for ‘Trade Above’, although looking at the activity on the site, that doesn’t appear to be very often.
Please get in contact with us if you have any information about the TradeAbove.com thieves and share this post within your own networks.
My article from a few weeks back trying to find out “Does Mike Statler exist?” shed no light on the whereabouts of the stock picks industry’s equivalent to the Scarlet Pimpernel. I think it’s fair to assume at this stage that there is no such person as Mike Statler and StockTips.com is simply personifying a scam.