Common Questions
- Q:
Why did you stop writing the Daily Report?
- A:
Exhaustion. Writing daily market commentary from the Pacific time zone is tough. The
market day starts at 5-5:30am for us and doesn't end until very late at night. Averaging
3-4 hours of sleep per night for 29 months eventually got to be too much. Besides, our
customers wanted more long term picks as the bear market drug on so we moved to that
format over at Biotech Monthly.
- Q:
Are your annualized returns for real?
- A:
The question everyone wants to know. Yes, they are real. Considering less than 5% of our
800+ stock picks were short, we're damn proud to compile that record given we were writing
and picking stocks the majority of the time in a bear market (17 of 29 months). We
handily beat every major market index and did so since shortly after our inception. Want
proof? Go to our Performance page and see a
detailed breakdown of every equity Prospect we've ever written about. Be patient when you
click on some of the links on that page, though. We've issued over 800 Swing Trade,
Special, and Long Term Prospects in the 29 months so the lists are large.
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- Q:
But how do I know you didn't make those returns up?
- A:
We guarantee we didn't make them up. The sad truth is that there are many less than honest
sites wanting your money who do and, since you are new to us, you have no way of knowing
one way or the other. Our Subscribers knew, however. They got our Daily Report before the
market opened each trading day. Judge for yourself if our returns are for real. We never
had a single complaint from anyone about fudging the data.
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- Q:
So how long can you keep those returns up?
- A:
The short answer is 29 months -- longer if you come and join us over at Biotech Monthly. We freely admit we
will be wrong, sometimes spectacularly wrong! And we have been
spectacularly wrong more than once. However, our returns have benefited from the fact we
generally cut losses short and let gains run. But we cannot guarantee that will continue.
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- Q:
OK, I looked at your Performance Page and I see you list a
"previous close" price and an "estimated open price" Why are they
different and how do you come up with the estimated open price?
- A:
We did a lot of research before starting NymbleInvestor.com. One thing we noticed is
several of the few sites that prominently list their performance figures padded their
estimates by using the previous close price to calculate their returns. Here's an
example: When Yahoo (NASDAQ:YHOO) was added to the S&P 500 a couple years back, it
gapped up $18 the next morning. Some sites made a call overnight to buy into Yahoo and
used the previous day's closing price to calculate the gain -- overstating their gain by
$18/share. We think that is dishonest and refuse to run our site that way. Instead,
we watch the opening tape every morning and endeavor to determine an open price equal to
where a reasonable investor would enter the stock. In order to
make this entry point process clearer and to help our Subscribers, we describe our entry
strategy in an article in our Knowledge
Center. We strongly suggest you read that piece.
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- Q:
You claim you won't do "frontrunning"?
- A:
That's right. We very, very, very rarely own a position in a stock before it debuts on our
Prospect List. In those cases where we do, you'll see a disclosure right on the Daily
Report. We don't front-run stocks because it increases your trading costs and calls into
question our honesty. Each Staff Member here at NymbleInvestor.com is required to disclose
their current positions in any Prospect including when they add, subtract, or close any
stock on our Prospect List. We disclose any position changes by our staff every market day
in a special area of our site. Be aware that we
often trade along side our Subscribers -- in other words we will be taking positions in
Prospects the same morning you are doing it. We don't want to pass up our own good ideas,
but we do it the same time you do so we all have an equal shot at profiting.
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- Q:
How do I get from the Daily Report to your main web site quickly?
- A:
Click on the NymbleInvestor.com logo and you'll go right there.
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- Q:
How do I find out if you have talked about a particular stock?
- A:
Go to our Previous Daily Reports page by clicking here.
Then choose "Alphabetical List" and look for the stock by ticker symbol. Be
aware the alphabetical list is large and takes a little while to download.
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- Q:
How do I find out what you said on a particular day?
- A:
Go to our Previous Daily Report page by clicking here.
If the date is in the current calendar quarter, just scroll down the page. If it is in a
previous calendar quarter, click on that quarter first and then scroll down to the
appropriate date.
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- Q:
What is your secret?
- A:
No secret. We work hard. We read 200-400 charts every night. We listen to CNBC over 12
hours per day. We read thousands and thousands of words of market commentary each day.
We're on the net 20 hours a day and on the phone what seems to be a similar number of
hours some days. Our average staff member puts about 12 hours a day into our research.
Sure, we've developed a "system" to finding stocks -- especially those that
appear as Swing Trade Prospects -- but that "system" fluctuates constantly as
the market develops new characteristics. That's the great "lie" in many of these
online broker commercials -- success in the market comes from hard work. We just hope to
reduce that work for you through your use of this site.
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- Q:
Do you have a philosophy?
- A:
Yes, and you can read it here.
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© 1999 Nymble Investments. All rights
reserved.
- or its contents is a violation of state and federal copyright law.