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John S.

Virginia, United States

Contributor Level

Total Points
90

1 Review by John

  • InTheMoneyStocks

2/25/24

I wanted to advise that this flurry of recent 5 star reviews of In the Money Stocks is questionable. There are no performance or specific returns noted or verified. Rather, the true, measurable performance of In the Money Stocks over the last year has been nothing short of shockingly terrible. For example, Gareth started shorting NVDA early in 2023 at an average price of $377. Today the stock is close to $800 ( a greater than 100% loss). Many analysts say the stock is now worth circa $1,000 and he keeps the short open. He started shorting GE in 2023 at an average price of about $102. The stock is now at $153 (an approximately 50% loss). There are a ton of these HUGH lossers in his swing trade portfolio now (UBER, SMCI, JPM, COST, MSFT, META and many more) many with losses near or over 50%. He shorted the latest bull market — All the Way Up. My portfolio following him faithfully is down over 40% over the last 15 months. The stock market was up about 24% last year and is up greater than 5% this year to date. That is a difference in performance of about 70%!.

Unfortunately, he runs a very dangerous investing service. There are other write-ups on Sitejabber that make this clear. Suggest you read them.

My reason for writing now is it is apparent that Gareth is having his team write dubious reviews to try to hide or muddy the waters regarding his absolutely terrible performance. If you could look at his current trading portfolio (as a subscriber) that would be completely clear. (Note: he was also discussing providing a real time, transparent view of the In the Money Stocks portfolio a few weeks ago using Interactive Brokers. Not a word is being said about that lately — because the performance is so horrendous. Evidence of a lack of integrity and a con). The losers far outweigh the few winners and the losses are astronomical. The service should actually be shut down. Note: Gareth thinks NVDA for example will fall back from about $800 per share to $500 per share. I have researched this stock and can suggest yes it may fall back in 3-10 years — but not around the corner. May go over $1,000 before we see $500 again. Further, Gareth went long natural gas (UNG) at an average cost $18.06 — we are now about $15.21 (-16% down). The problem is that Gareth has no understanding of the natural gas market. There is a huge glut of supply and even through some producers are starting to cut back — that does not mean the price will go up anytime soon. May take multiple quarters to clear (i.e., this is not a few week or month Swing Trade). Further, if the economy goes into recession — the price could drop another 30% given the level of over supply. I have talked to several experts in the Natural Gas marketplace on this matter. The point is — his trading is not based on appropriate stock or market analysis. The service is fundamentally flawed.

If the company had integrity they wouldn't create these dubious write-ups and would simply apologize, close down, and return money back to their customers. Please avoid this service.

Tip for consumers:
Discussed in the write-up provided. Thank.

Products used:
Verified Investing Alerts

Service
Value
Quality

John Has Earned 8 Votes

John S.'s review of InTheMoneyStocks earned 8 Very Helpful votes

John Has Received 1 Thank You

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Zionist R. thanked you for your review of InTheMoneyStocks

“Thanks for the write-up exposing this scammer. Make sure you leave reviews on TrustPilot and Google Maps too.”

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