About 1.5 months ago, I saw a web ad saying something like "click here to see 7 stocks that are going to rise in the following 30 days". I thought it was spam, but the name "Zacks" sounded familiar, so I decided to try the recommendation on a virtual account. I opened an account on MarketWatch, received virtual $100K and spent 1/7 of the sum on each of these stocks. Now, after 43 days, my virtual portfolio looks like this - the $100K became $95K.
Is there any conclusion I can draw out of this experiment? Is it never to trust analysts that promise that certain stocks are going to rise? Or maybe I should just wait longer?
click here to see 7 stocks that are going to rise in the following 30 daysAsk yourself why would anyone share this information with you for free ? If it is a money making plan won't he(she) keep it unto him(her)self to make a killing. The probable reason is he(she) wants to exit and want some gullible persons, like you, to take his(her) word and buy and help him(her) turn a profit. Next time ignore when you receive such ads. They are there to screw you and not help you.