FREE! The word and concept have been the advertising foundation for billion dollar corporations, the heartbeat of huge marketing campaigns, and the nexus between companies and customers for eons. Now, New York Times best-selling author Wade Cook introduces the LOCC(tm) (Large Option Covered Calls) system — a system that can generate 80% to 100% returns for traders who master it. “…you read the title to this book: Free Stocks: How To Get The Market To Pay For Your Stocks–FREE…
Buy Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks–FREE! at Amazon
What a fantastic book! It almost sounds like a too-good-to-be-true sales pitch. Don’t let the name scare you – let it motivate you. FREE STOCKS teaches powerful, realistic, and highly profitable ways to invest. Why pay full price when you can get the market to hand you the same stocks for pennies on the dollar (or even free)? It’s legal and fun.
When Darlene & I were writing our book “STOCK SPLIT SECRETS” we wanted to mention this technique in chapter 13 (“Bonus Plays and Tools”). We decided that three paragraphs didn’t get close to covering this powerful technique. Now an entire book is devoted to the subject. “FREE STOCKS” is a masterpiece that will cause the market makers to shake and sweat – once again the “little guy” wins BIG!
I hope you are getting excited. This book will show you how to turn the market into a bargain basement bonanza.
-Miles Nelson
Either, you like Wade Cook or you hate him and the reviews about this book are no exception to the rule. Reviewers cry about Wade Cook being sued and that proves he’s a crook etc. Hey, Microsoft gets sued but we still all use their software. Anybody can be sued anytime for any reason, it doesn’t prove anything. The stock market is a risky place and how people use the information they are exposed to is up to them. You think his seminars are overpriced, don’t go. You think education is expensive, try ignorance. The covered call strategies outlined in this book are workable, profitable and in fact it was a Wade Cook book (the original “Wall Street Money Machine”) that got me started in options, particularly in writing covered calls. Despite statements to the contrary by some of the reviewers, this strategy does work and it works well. I am somewhat unconfortable that the use of Margin and Pyramiding is so strongly encouraged and the danger is not given enough coverage but on the whole, it is a valuable book especially for someone new to the game. I feel that Wade should encourage readers to look more at the stock fundamentals as well as the numbers of a particular transaction and spend more time thinking about what will happen when a stock tanks (when not if) and to plan exit strategies before they are needed. Keep some powder dry in other words. All in all, still a good read for the money, very motivational, and even knowledgeable option players should find it interesting.