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Gold/Mining/Energy : Peruvian Gold Ltd. PVO
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To: AMF who wrote (230)4/19/1997 2:11:00 AM
From: c.r. earle   of 892
 
Sierra:

I have been a subscriber of Ted Carter's for approx. 4 years. I would highly recommended it.

Similiar to Cheeky Kid, I receive numerous newsletters all have +/- but I would rate Carter's as a keeper, along with Bob Bishop, the rest I am still find interesting, but do not act on with as much regularity. And ofcourse as has already been mentioned I proceed with my own DD. I have recently dumped the Grandich letter, you should investigate the BB thread for a really comical episode involving this newsletter writer.

Back to Ted Carter. A previous poster wrote that he had been receiving the newsletter for 6 wks, and was not impressed. IMO that is not sufficient time to even come close to making a judgement.

His trading style is very profitable if you can manage to adapt to it.
Some of his recent picks;

Bre-x @ <$2
AQP @ <$1.50
ABC @ <$3.00
SGI @ <$2.50

Even some of his picks that people qualify as failures would have made you impressive returns if you would have been taking profits on the way up as he suggest. For ex. PVO, when he first recommended it, it was at approx. $1.30 and it went to $7 within 5 months. And there is still potential there today.

Unfortunately today most investors are looking at limited time frames for their returns, to many 6 wks is a long time let alone 6 months. Carter clearly states that most of the picks you will have will not bring you returns that you are content with and may even be loses, but the winners even though less in number will more than adequately compensate you.

It certainly has worked for me. Good Luck to you
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