www.compoundstockearnings.com

Quote from Booker007:

Looking for some more info on this site. Anyone?

:confused:
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earlier this year i listened to one of their sales pitches. at that time they were selling calls on homebuilders stocks. since then homebuilders have cratered. how do you think that covered call worked out?
if you must sell covered calls do it with indexes. at least you eliminate the possibility of the stock cratering on you.
i asked the guy why he didnt just sell puts instead of covered calls. he said puts are too dangerous. if they are not any smarter than that save your money.
 
Quote from vhehn:

earlier this year i listened to one of their sales pitches. at that time they were selling calls on homebuilders stocks. since then homebuilders have cratered. how do you think that covered call worked out?
if you must sell covered calls do it with indexes. at least you eliminate the possibility of the stock cratering on you.
i asked the guy why he didnt just sell puts instead of covered calls. he said puts are too dangerous. if they are not any smarter than that save your money.
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vhehn,

Thanks for the input. Like always seems like stock selection is key and they claim that it does not really matter what the stock does as long as it does not go out of business. Since they don't have an online track record I can't check to see how those positions turned out. Probably good for them haha. I starting to think more and more that they are scamers.

Anyone else have any experience with these guys?

Thanks,
 
Quote from traderdon56:

These guys are questionable IMO. Last year at this time they had started a CSE fund with $40,000 and were going to build it to several million in a few years so everyone could see what they were doing was legit and that it worked. Well, after 5 months they quit reporting about it and will not even answer e-mails about it if you ask them.

Write to them and ask for yourself, maybe they will answer a potential attendee of their over-priced seminars.

They also had an auto-trade deal going, but I think that failed as I don't see anything else about it on the website. Not sure of that, tho.

Good luck-

Don
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Don,

Thanks for the info. Did you end up taking the course back then?

Thanks,
 
Quote from Eliot Hosewater:

http://finance.groups.yahoo.com/group/compoundstockearnings/

Join this group and read some of the comments. Message# 9 on the first page from Dave Kline might be of interest to you.

Also look for a link to an OptionsXpress virtual trade page (I can't look for it right now, and it might be from a different Yahoo group - I joined 5 of them yesterday). There is more red than anything else.
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Thanks for the info Eliot. I asked Joseph Hooper since he claims he has been trading this technique for over 25 years he should be able to show me some broker statements or some other form of proof. He told me to go away. Guess im not gullable enough for his snake oil anticts. =:0
 
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