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Dear Mr......
I am a member of smallcapbuys.com and want to share with you some interesting information visa-vis my apprehensions prior to joining.
I joined after lots of deliberation. I had some reservation too about the success as you are to recommend only small caps. Although not an expert, I felt that the general way for the market when it moves upwards is for the A group heavy weights to move first , then the Midcaps and lastly the smallcaps. In between this period, if any uncertainty comes, then there is no time for smallcaps to come into the upward trend at all. But the points you made during discussions prior to joining, including how you analyse & pick the stocks made etc, made lot sense to me and I became a member.
Yesterday, 29th Aug. 09, when I checked the figures, about the investment & transactions done by me through your recommendations as a member of smallcapbuys.com., the results are truly amazing and that is why I want to acknowledge your professionalism & as well as the support you give when there are queries and share them with you.
I am maintaining a complete account of each and every investment and transaction made as and when you recommend by sms and email. In addition, I am using Moneycontrol.com to manage my portfolio. Everyday evening once I get the confirmation from my broker about the purchase and sale details, I update these figures in my portfolio at Moneycontrol site as well as in my account book. The moneycontrol site, under the heading ‘Transaction History’ also gives me updated statement of each & every purchase & sale transaction made as well as my profit and loss, real time.
When I checked my investment and transaction details, I found that on 14th may I had made the first buy as a member of smallcapbuys.com and have been investing in small incremental amounts from then on. If I put my figures on the higher side, my average investment will be less than Rs. 2.00 lakhs. Believe me that as of 27th Aug, in 3.5 months, I have made a cool profit of Rs.40,879.00!!! ( 41,000 on 2.00 lakhs in a span of 3.5 months, a profit of over 70% per annum ). I have made profits many times over what I have paid for to become a premium member of smallcapbuys.com.
Your predictions, rather recommendations are truly amazing. Hats off to you.
As on today, the value of my stocks is Rs.2.21 lakhs at current market value. I have not ploughed back most of my profit into this and have kept them aside for your future recommendations.
Cool and thanks a lot.
With warm regards
Venkat
Mumbai
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