Does anyone have any details on this? That seems like a huge deal for TTM, I would never have guessed this would happen. Did John Carter and Hubert have a falling out? It got announced here: http://www.tradethemarkets.com/public/NQ-Got-the-Rip.cfm
Number of subscribers are probably falling and money is getting tight. Less and less are trading today and they've run enough peoples accounts to zero. That would be my honest guess.
I recall a utube video where they claimed they where making $6m a year. I wonder if that was another fabrication?
Who knows, they actually might. That is from selling their services. Anyone who can pull 6 mil a year from trading will not spend obsense amount of time on subscribers.
Oh yes, they make their money from selling snake oil. Nobody would be surprised to hear they don't make any money trading. But the point is that Hubert would hardly give that business up if it was really that lucrative. But who knows? Maybe there are personal reasons etc.
I know a couple of years ago, Senters was caught bsing about some trading scenario. From what I remembered, he always seemed the lazy one of the two. I can imagine him not pulling his weight and just coasting off the commissions they were making from their dwindling subscriber base.
Senters also runs a few other sites on the side such as absolutewealth.com and trashcantrader.com to name a few. The latter site name is real and not a joke.