Channeling Stocks - Is channelingstocks.com a Scam?
Channeling Stocks has been advertising on CNBC for what seems like an eternity.
I remember back in around 2002, seeing their commercials and trying out the service for a few months. I was pretty disappointed. I found their picks decent for further analysis, but honestly I did better finding my own trades. Plus, especially with their picks that are not traded very heavily, their own service influences the stocks too much. IE, when a thinly traded stock gets picked, the next day its up big….but only because channeling stocks recommended it.
Better Choice than Channeling Stocks
A better choice is another CNBC regular….but this one isn’t an advertiser. It’s the now ubiquitous, Jim Cramer and his Action Alerts Plus service. It’s actually a really neat service. I used it back in my day trading days to get trade ideas with quite a bit of success. In fact, if I had actually stuck to his trades, I would have done quite well. Works great when using Zecco to trade with.
Check out a better service, Action Alerts Plus: Click Here