Yeah, I believe I posted on this one guy who very precisely called a crash days into 2020 as the share price leaped higher. 2021 was a top for Tesla, the auto industry and entire sectors of the economy.
this is an uninformed post. I subscribe to seeking alpha. I use it to get info on stocks and situations the street isn’t publicly writing about.
Good Morning TrailerParkTed, The path I took was to ask myself 1 serious business question. Do I want to continue to be poor all my life in America, or do I want to join the Rich people in America? I chose to join the Rich people in America, then I deleted my Seeking Alpha and Zacks Trading Advice account. Seeking Alpha and Zacks or any other type of stock advice service is for the poor people in America.
There are several different tiers of subscription. I have a premium subscription that is $250 per year. Looks like they are currently offering a 3-year premium subscription for $500. As a previous post noted, you have to be very selective in which analysts you read. But some of them are very good. There are a few that I follow primarily for selecting bonds, preferred stocks, CEFs and ETFs for long-term buy-and-hold investments. I don't have time to do extensive research and analysis on my own. Some of the articles on SA are very high quality research. I find it to be a good value. You do have to take time to carefully choose a few analysts. Otherwise it's massive information overload. You have to separate the signal from the noise. But for me, that is easier, and less time consuming, than doing my own research from the ground up. The comments are important, too. When the author of an article gets something wrong, or fails to adequately explain something, other members of the community will call them out on it. It is probably not a very good resource for day trading LOL. I don't day trade.
When it comes to fixed income instruments, e.g., corporate bonds that are traded by CUSIP, baby bonds, and preferred stocks, there are guys on SA that actively scour SEC filings for information about new issues, and they hunt for bargains and mispriced securities that are already trading. I find that very valuable, even if I have to do some of my own research after reading the article. I don't have time to look for that kind of stuff. And even if you do have the time, in order to find it, you need access to data sources that are not free, or if they are free, they are not easy to search. This kind of information makes SA worth it for me.
I noticed not too long ago I got hit by a paywall on Seeking Alpha. I switched to my age old legacy account that should be grandfathered in, but that doesn't work either. Not even the one I've written for under in the past. To be fair, I read far too much content during the day, so maybe I should be glad to SA for helping me to slow down now