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Mark Gomes
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With over 20 years of professional experience, Mark Gomes has grown to become one of the world's most experienced technology stock analysts. He is also a Masters Track & Field world record holder and U.S. Gold medalist (http://www.fasterthanforty.com/hello-world/). Currently, Mr. Gomes is... More
My company:
PTT Research & Pipeline Data, LLC
My blog:
Poised To Triple
My book:
Faster Than Forty
  • Make Sure You're Not Being Scammed 20 comments
    May 23, 2014 7:30 AM

    Is the analyst you are following a scam artist? It's a very important question.

    Of course, the analyst will tell you what they want you to hear. This is why I do everything I can to be transparent and easy to investigate.

    ______________________________

    In addition to steering you away from scam artists, researching an analyst will also help you determine if he/she is compatible with your investing style.

    If you disagree with the analyst's thesis, picks, approach, or demeanor, many will respond openly to a constructive dialog. Kindly stating your case comes across much differently than those who launch attacks or jump to conclusions.

    Remember, there are investors who only posting comments to scare investors by discrediting the analyst's pick(s) -- a.k.a. reverse pumpers.

    If you are not one of them, the best way to distinguish yourself is to be constructive and caring in your dialog.

    In my specific case, you can better arm yourself to criticize me by reading my Methodology. Indeed, I always seek to improve myself and invite constructive criticism.

    Keep in mind, every analyst makes bad calls. However, great analysts will make far more great calls. Just remember this invaluable lesson from Peter Lynch (one of the greatest fund managers ever): Great picks can act very poorly before taking off.

    After you watch that short segment, think about the all the picks I've made on Seeking Alpha over the past 5+ years. Then, think about my most recent selections. Some are up and some are down. Are the down picks bad? Or are they just acting poorly before they take off?

    That's why it's so important to gain trust in the analysts you follow.

    As for me, my style can admittedly be complex at times. Perhaps I sometimes come across as a stock timer. If so, I must apologize. I'm am NOT a stock timer, trader, or technical analyst.

    I'm an investment analyst, a simple student of some of the world's greatest investors. My methodology statement at PoisedToTriple.com talks about all of this. PoisedToTriple also has a Performance Tracker with links to proof of my entry and exit points. However, if you don't read these pieces, you'll have no way of knowing if my style is right for you.

    And that's MY FAULT.

    My methodology statement is more important than my picks, because my picks are dependent on the methodology.

    Part of my job is putting it in front of you. Part of my job is making sure you read it. If you don't, I blame myself.

    Who do you blame? It's not a rhetorical question. If you think I'm to blame, I respect that and will not disagree. However, I'd like your input on how to fix that.

    You're here because something about me attracted you to my picks. What was it? Calling HIMX in Google? Apple doing business with PXLW? Smart investors know that pumpers and scammers don't make seemingly outlandish predictions that come true like that.

    Indeed, there is ONE thing that separates the readers who trust in me from those who aren't yet sure. That one thing is my Methodology.

    Thus, if you have lost any money on my picks, don't hesitate to provide your feedback (but be kind!). I want to learn how to make sure people read the Methodology. I also want to learn how to make my research clearer and easier to understand. I also want to learn how to NOT come across as arrogant or promotional. These are important things for someone who truly wants to help people.

    In comparison, a pumper lives by the "sucker-born-every-minute" rule. Sadly, they're right.

    If you hide in anonymity and promote your picks to enough people, you will get rich. People like that don't care that they hurt people. A new sucker will always be there to take the place of an burned one. Exposing them is a noble idea, but it's also a waste of time. Their marketing dollars enable them to reach more people than any of us can save.

    Indeed, when I was younger, I was the sucker a few times. That's a big part of what makes me want to help people. The best way to do that is to encourage self-education.

    Of course, I could be making much more money right now by producing some B.S. marketing video, but I'm here...

    ...because I CARE.

    Just understand that I can't give away everything for free. I have employees and resources that are critical to making great picks, so I have to charge for SOME of my work (everything I do here on Seeking Alpha, I do for free).

    Please think about that for a second.

    Then reach out to me. Send me a Direct Message. Help me use my talents more effectively for you. Be my coach, so I can a valuable member of your investment team.

    After all, this is not a game. It's your hard-earned money. Would you entrust it to anyone on the street? If you don't investigate your analysts, that's what you're doing. That's how I got burned when I was younger. Eventually, I learned that the extra time isn't just worth it, it's a requirement.

    It will protect your money...and perhaps your family's future.

    Investigate your analysts. Investigate me.

    There are only seven links at the top of PoisedToTriple.com. The first two are arguably the most important. The Portfolio Tracker is a close third. It provides links to proofs-of-picks AND includes my BAD picks (some really bad ones, too).

    Google will also provide you with more than you'll want to know about me. Indeed, I'm not just an analyst. I'm also an athlete, a volunteer coach for children, and a community fitness volunteer.

    *

    *

    Appendix (example of a good pick that looked bad):

    My FIRST pick here (NASDAQ:LIOX) rose initially, but then got cut in half before finally tripling (435 days later). The video link I provided above discusses why this happens.

    It happens all the time...and it's GREAT. It enables you to get into picks that took off too fast for you to get in. It enables you to make more money when the pick proves to be right.

    You don't need Warren Buffett to tell you this, but you should HOPE for this to happen.

    There's only one catch. How do you know if the pick is good or a pump-n-dump? Easy. INVESTIGATE THE ANALYST.

    (click to enlarge)

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Comments (20)
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  • Paulo Santos
    , contributor
    Comments (18142) | Send Message
     
    Mark, the "Methodology" reads like a promotional paper, not like a "Methodology". If you get critics on that, you deserve them. If it were a "Methodology", it would certainly read clearer and simpler ... just being honest here.
    23 May, 08:15 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1815) | Send Message
     
    Author’s reply » Thank you Paulo. I respect your integrity as an analyst, so I value your words and would love detailed feedback on how to fix that.

     

    My #1 goal is to be helpful, while generating enough revenue pay for the analysts and resources to research my selections. I don't do this for money (I'm 43 now and was blessed with more than enough Wall Street clients and money before starting on Seeking Alpha in 2009).

     

    I do it help.

     

    But I obviously need help on communicating better. My strength is analysis, not interpersonal skills (if that isn't obvious by now). Any feedback in a personal email would be greatly appreciated.

     

    Many Thanks
    23 May, 08:46 AM Reply Like
  • Paulo Santos
    , contributor
    Comments (18142) | Send Message
     
    Just have a section in that Methodology page where you describe the Methodology's rules clearly with no promotional language.

     

    Indeed, I'd re-write the entire page. If it's on Methodology, it ought not to talk about anything else. Leave the promotion for other pages. Just clear rules there.

     

    But I'm just an independent observer here, I got drawn in by the debate.
    23 May, 08:49 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1815) | Send Message
     
    Author’s reply » You're "just an independent observer", but you know your craft. So, thanks again for the feedback.
    23 May, 09:08 AM Reply Like
  • Gino Verza
    , contributor
    Comments (309) | Send Message
     
    Agree with Paulo 100%.
    23 May, 10:39 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1815) | Send Message
     
    Author’s reply » Thank you Gino. Cheers.
    23 May, 11:06 AM Reply Like
  • oldorv
    , contributor
    Comments (400) | Send Message
     
    IMO--if you stay true to you and your methodology, increasing numbers of people will get the message. Some never will get it and will never succeed because all their failures 'must be someone else's fault.'
    23 May, 08:18 AM Reply Like
  • Bongo Mongo
    , contributor
    Comments (2) | Send Message
     
    If you make great calls and the stock reacts to your article, you attract the attention of the yahoo message boards of the world, and there is no greater hive of scum and villainy.

     

    Also I see no reason why you don't accept payment from SA. Surely your employees deserve it.
    23 May, 09:03 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1815) | Send Message
     
    Author’s reply » There are pros and cons to accepting payment. Most notably, the payment they offer can't dent our research / employee budget. Thanks for the encouragement regard the message boards. I understand and appreciate it.

     

    OK, time for work. I'll check the rest of the comments at a later time. Cheers all.
    23 May, 09:10 AM Reply Like
  • djkidm
    , contributor
    Comments (374) | Send Message
     
    Mark;

     

    I follow you, I like you methodology, and you've made some great picks (PXWL), and some horrible picks (OTCQB:AERO).

     

    That being said, you seem to be taking this all a bit personally... Just sayin'....

     

    Maybe lighten up and not worry about the "noise" you can't control :)

     

    Happy Investing!
    23 May, 09:54 AM Reply Like
  • Keith Burtscher
    , contributor
    Comments (99) | Send Message
     
    I follow you on Seeking Alpha and check out your website from time to time. I think the problem you are seeing now starts when someone subscribes. The premise of that is that they will receive information before the public and will act on it so as to harvest a premium. Part of that is acting quickly - buying (or selling) whatever your latest pick is. That's what they are paying for, and if it doesn't work out of course there will be complaints. The subscription is for the picks, not the methodology, contrary to what you say.
    I have bought some of your picks and won and lost, but it was after my own research and using my own timing. I have no quarrel with you and have found your commentary entertaining and informative.
    23 May, 10:15 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1815) | Send Message
     
    Author’s reply » Kid M,

     

    Thanks! FYI, I HAVE made some horrible picks, but not AERO (at least not yet). RMKR and ATRN come to mind. Putrid picks. AERO doing well and that's all I ask from my investments. The stock is also up from the price when we gave it to our members, though certainly down from when Seeking Alpha published it (http://bit.ly/1ibezHC)

     

    The stock will follow in due time if the company keeps doing well. Investing legends tell us that all the time: 4:30 of this video http://bit.ly/1k0T6Rk and 24:00 of this one http://bit.ly/1sLE6Mr

     

    Thanks again for all your feedback. It's wise and well-taken. I will take it to heart.

     

    Cheers,

     

    Mark G.
    23 May, 10:21 AM Reply Like
  • Johnny27
    , contributor
    Comments (4) | Send Message
     
    Mark,

     

    I started following you here on Seeking Alpha in 2012 and after reading up on everything you put out for us I started investing your picks with mine. I am a subscriber to PTT Research and I enjoy the research and reads. It not only gives me a breakdown of what to look for in my own research but helps me to understand new ways to look at and value a stock. Your methodology is crucial in any stock purchase.

     

    Last year my personal portfolio was up over 250% because of your picks and mine. This year I am up 13% YTD and that's with selling a loss on DLIA recently. It has been a noticably different year this year compared to last. However, the fundamentals always remain the same and the key is to not let your emotions run your trades. And as we all know, don't follow the masses. When you do the opposite of the majority of investors you will most definitely have a better outcome.

     

    So thank you for giving this investor a better understanding of a valuation and what to look for before purchasing. I've spent years learning the trade and what I've learned from you has helped to solidify what I have already learned and put the icing on the cake for me. I'm more confident then I have ever been. Please put this behind you and focus on what you do best.

     

    Best regards and many thanks,
    Johnny
    23 May, 10:51 AM Reply Like
  • Mark Gomes
    , contributor
    Comments (1815) | Send Message
     
    Author’s reply » Thanks Johnny...and sorry about DLIA. The timing was clearly too soon on that one. I should have identified that risk and spelled it out. The harsh winter and retail downfall only made things worse. Could still be a great turnaround, but my fundamental timing was off (as was the stock timing, but I can never forecast that).

     

    Many thanks
    23 May, 11:04 AM Reply Like
  • Mike Ao
    , contributor
    Comments (74) | Send Message
     
    I really do appreciate your effort in getting better. I find your service very good already but I got to add myself to some of the criticism that said that your risk/reward chart in your methodology is not crystal clear.

     

    Im still very satisfied with your service.

     

    Enjoy your weekend

     

    Mike
    23 May, 12:15 PM Reply Like
  • StepUp
    , contributor
    Comments (425) | Send Message
     
    Mark, +1 to Paulos comments.

     

    I sent this exact same feedback to your team about six months ago in regards to the "How to Create a Risk/Reward Chart" white paper. It was largely promotional and did not even do as the title promised. It was more How to READ a risk reward chart; not CREATE.
    23 May, 11:06 AM Reply Like
  • DBA+CPA=Arghhh
    , contributor
    Comments (12) | Send Message
     
    Frankly Mark you are starting to creep me out with defending yourself. It makes me think you have taken your eye from your work and that may even shake your confidence in picking your next pick. You seem to be a techie nerd at heart with a flare for the necessary finance research skills and excellent writing skills. That's more talent than 99% of folks on SA so don't even take the time to apologize for other peoples self inflicted stupidity. May the force be with you and keep marching towards positive karma ... and picks ...
    23 May, 02:18 PM Reply Like
  • slash32is4
    , contributor
    Comments (117) | Send Message
     
    hes just trying to protect something that is very important "Lose money for the firm and I will be understanding. Lose a shred of reputation and I will be ruthless."
    23 May, 05:19 PM Reply Like
  • Jeb Walport
    , contributor
    Comments (263) | Send Message
     
    There's plenty of creeps on SA, but Mark ain't one of them.
    24 May, 02:30 AM Reply Like
  • Strike
    , contributor
    Comments (1123) | Send Message
     
    I believe where a lot of investors (critics of Mark) err is in using his stock tips as ends, in and of themselves, instead of as starting points for independent research.

     

    The types of stocks Mark recommends have such an incredibly high Risk:Reward potential that it really doesn't matter if you buy the second you read the article. You might even benefit by waiting for the 'bump', followed by the profit-taking, and then wade in (after thorough DD).

     

    I am grateful for tips from Mark and Justin Giles, for example, but I don't just place a market order and scream blue murder if it sinks! I am right now sitting on losing positions in Vringo, GLUU, Zynga and CalAmp. I can't even remember which of them Mark or Justin recommended (if at all): It doesn't matter because the purchase decisions were the product of my own research into each one. (I still believe in all 4 a/m stocks, by the way, as I have a long term investment philosophy that doesn't always jive with the speculative background music).

     

    The last thing I will ever do is complain, like some cry baby, at a stock recommendation that went sour. Those who do should grow up before they lose their money and their sanity.
    24 May, 10:50 AM Reply Like
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