I've invested in about 10 of MF's recommendations. Several from the Best Stocks list for a particular year. I invested in 3 stocks from the list of picks for China (end of last year I think), that was "supposed to" explode with economic growth, and make us a fortune. Two of my China stocks are down by 13% and 7.3%. I am still hopeful with these, but wonder if I should cut my losses. The third China stock is down by a whopping 79%, or $14,000 plus for me. I just can't afford to loose that kind of money!
Several years ago I invested in a drug stock, PRX, that was supposed to basically be a sure thing, according to MF. It is currently down 24%, and that is actually up a little from previous years. I keep hoping....
Conversely, MLK was their recommendation about a year or two ago. It was supposed to be the next Berkshire Hathaway (BRK-A), Warren Buffett's fortune maker fund (currently at $109,700./share, up $645/share today) . It (MLK) has done okey I suppose--up 6% for me over a little more than a year. Also PALM (of the palm pilot) was their recommendation and I sold it for about a 3 thousand dollar profit. If they had only been able to give me a "sell" recommendation so I could have gotten out earlier, the profit would have been 4-5 thousand.
Overall, I have lost more money with these guys than I have made (many, many thousands). The money I have in CDs at ING Dircect has made more money, is safer, caused less damage to my stomach lining, and I still have all of my principal investment! I sent MF an email about the big 79% looser, to see what they thought about the stock now and to see if they had a comment on my big loss. As I expected, they never replied to my email inquiry. (But they never stopped sending me offers to spend more on their services).
My best stock investments over the years have come from my own ideas (though I've had a few loosers too), and often from guests on the Friday Night Market Monitor section of the Nightly Business Reoprt on PBS. They often have some timely helpful advice and investment picks. I usually stay with stocks that pay a good dividend, so even if the stock doesn't increase in price alot, or even if it fluctuates, I still am getting some income from it.