John M.
I have a basic subscription to…
I have a basic subscription to Innnovation Investor, but Investor Place sends (literally) dozens of emails soliciting the purchase of more expensive subscriptions. These are always accompanied by a sales video (lasting an hour or more) trying to get you to pay $1,800 for the "real" best recommendations. If you have better stock picks, and better timing, why not let your basic subscribers profit from them? In addition, the stock picks that Luke touts in his sales videos are very deceptive. He likes to brag about recommending NIO at $2 which did go as high as $55, but promptly fell right back down to $8 now. He neglects to mention that he never (not once) recommended selling NIO stock when it reached $55! This is the case with many of his recommendations. Far more of his recommendations are down by 70%, 80% and 90%, such as Opendoor, Canoo, and Arrival. I bought each of these stocks on Luke's recommendation, and have lost my shirt! Why doesn't he include these stocks in his promo videos? I've lost tens of thousands of dollars in my portfolio acting on Luke's recommendations, and he never stops trying to get me to spend thousands more on bogus advice! My advice is to stop the sales promotions (one after another!) and focus on the stocks you have already recommended that are way under water! When a stock loses 50% or 60% of its value, after recommending purchase, Luke redirects to the "next" big thing, as if everyone has a limitless amount of funds to invesy, instead of owning up and admitting he was wrong. Also, why not take questions from investors who have lost thousands or tens of thousands, and have the decency to face those investors like a man? Why doesn't he mention those stocks he recommended which have fallen so far in value, they are practically worthless?
Response from InvestorPlaceMay 15, 2023
John - Thank you for providing a review. We appreciate you taking the time to give us this feedback. We will pass this to Luke and his team. As always, our team is here to assist you M-F 9am to 5pm EST. You can contact us at [email protected] or by calling 800-219-8592. Have a great day!




