Jason
I purchased their Swing trader by IBD. I believe their stock picks are pretty good however they are always late. I'm just finishing up my first week with IBD and I have received a good number alerts. However by the time I receive the alert the stock already took off. Example, "AYX is a buy at 143.87" but the alert was received 5 min after the stock broke out. by the time the alert came across the stock was over 145. As a swing trader that's leaving way to much money on the table. I'm starting to think they are placing their own trades at 143.87 and then send letters out to their subscribers to pump the stock and then sell for short gains. If they are truly looking at the market they could easily send out an alert that would say something like this. "Watch for a move above 143.00 and we are buyers at 143.87 after breaking a swing high". I will gladly update and revise my review if I see a change on this front. If they cant give more of a heads up I will be a short term buyer.
3 years ago
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