Saheed
GBThe performance of In the Money Stocks The performance of In the Money Stocks, particularly their Verified Investing Alerts Offering, is terrible over the last 15 months. For example during this period, Gareth shorted SMH at an average cost of $138.95 on 1/23/2023, SMH is now at $226.64 (approximately 5% of portfolio). He started showing NVDA at $377.12 average cost on 3/22/2023, NVDA is now at $946.00 (approximately 12% of portfolio). He shorted GE at an average cost of $105.80 starting on 1/12/2023 (approximately 10.8% of the portfolio). GE now at $174. Recently, he shorted SMCI on 1/19/2024 at $516.32 (approximately 18% of portfolio) - now at $1,071. Those 4 positions would result in a loss of approximately $48,000 on a $100,000 portfolio as of today. There are many more losing trading in Gareth's portfolio right now including CAT, COIN, VXX, amongst others. My impression is that many of his Verified Investing Alerts subscribers are down well over 50% over the last 18 months, whereas the S&P is up well over 30% (an 80% differential). That is extremely poor performance. This service should be avoided.
John
GB"Beareth" Soloway getting wrecked since 2023. Been a member of Gareth "Beareth" Soloway ITMS for 2.5 years. 2022 he did well shorting during the correction. 2023 and 2024 he's gotten crushed, namely on his shorts. Two golden rules Beareth doesn't follow: 1. Doesn't set stop losses on his trades (also has no exit plan other then exiting @ roughly 10% gain for the books). 2. He's very contrarian and doesn't respect trends (trend is your friend). He initiates trades before indicators say to do so (he relies on simple trend lines for 90% of his trading). He doesn't consider moving averages, MacD buy/sell indicators. Most importantly his macro views/understanding have been waaay off last year. Called for gold to rip in 2022 and 2023 and for bitcoin to hit $8000-$12,000. He's focused more on building his YT channel, teaching retail amateurs the most basic of trading strategies (trend lines) and has moved away from focusing on his trades. People he's brought into his trading room (respectfully) are even more amateur, inexperienced without track records. Best value you'll get is watching his morning videos free on YT but even then you're better off learning technical trading and certainly macroeconomics from other folks.
Ron
GBGreat Knowledge and Training In the Money Stocks helped me understand for the first time in my life why I am getting into a trade before I actually get in vs just reading reviews and taking a guess as to my investment. It also gives me a great reason to get up each morning in retirement
Mark
GBMake sure to add your reviews on… Make sure to add your reviews on verified Investing (his new scam site) Already scoring a 3* Deserves to score 1*
Farhad
NZGareth is an amazing person Gareth is an amazing person, very dedicated and really appreciate all he does. He really keep motivated & focused during hard times. Also the team with Ben, Dr B etc are a great add on.... keep it up guys, NEVER STOP... you guys are amazing!