where is the $ 4,000.000 gone, page-12

It was the Feb 2012 call on a certain company embarking on a big gas project that made me wonder what I was paying for. I confirmed my decision not to renew when I got no reply to this email:

Dear Kris,

Could you please explain how the stock price based on a P/E ratio and projected 2016/17 earnings of a 576% gain over today's share price translates into a headline return of 576% by July 2013??? And that takes into no account likely share dilution from the necessary fund raising activities.

Please, we are paying for your services, try and be a bit professional.

Kind regards,
<< me >>

Needless to say, I didn't buy into that tip. I'm guessing July 2013 it would have hit the stop loss. Ironically off that low it's been a 3 bagger in 4 months!

IMO the Port Phillip Publishing business model is based on sucking in new subscribers with their selective success stories rather than making any effort to retain existing customers who will soon learn the strike rate is rather low.