Stock Newsletter GorillaTrades Swings into 36 Countries; Acceptance of Online Trading Brings Online Research Mainstream
Business Wire, Oct. 31 2005
JUPITER, Fla. -- GorillaTrades, www.GorillaTrades.com, the online newsletter that offers investors a dynamic, technically-driven means of buying and selling stocks to produce profits and accumulate personal wealth, today announced that it has expanded its subscriber base and is now viewed in 36 countries worldwide. The most recent nations from which subscribers originate include Belgium, the Canary Islands and Malaysia, testament to GorillaTrades' powerful and growing worldwide reach. These countries are in addition to existing investors originating everywhere from the U.S. and Canada, South and Central America, and throughout Europe, to as far off as Israel, South Africa, Kuwait, China, the Philippines, and even Iceland. The newest additions also add to an increasing number of hedge and equity fund managers who have become subscribers in recent months, indicative of how even the most sophisticated institutional investors are turning to the Gorilla to maximize investment portfolios. GorillaTrades, which is disseminated to thousands of investors nightly, only follows stocks traded on U.S. markets. The newsletter service, however, is seeing an increasingly global audience spurred on by the wide acceptance of online trading, the growing prevalence of Internet use in even the most distant locations, the disenchantment with traditional brokerage research, and the powerful results from following the nightly GorillaPicks.
"GorillaTrades empowers the average investor to be able to invest on the same playing field with professionals, no matter where they are located," said GorillaTrades' creator, who prefers anonymity, being known to subscribers only as "The Gorilla". "It's a natural evolution that the wide acceptance of online trading has now made way for online research, with investors around the globe increasingly turning to GorillaTrades for sophisticated analytical tools."
Many individuals want to invest on their own but find the process of picking stocks too time consuming. GorillaTrades takes the emotion out of trading by providing an easy roadmap of when to buy, hold and ultimately sell securities. The service uses a proprietary analytical system that examines the inter-relationship between stock price and trading volume, sifting through 6,000 stocks daily in search of those that meet all of the 14 technical indicators that the Gorilla has found to be present in stocks poised to make explosive upward moves. Stocks that meet the criteria are designated as GorillaPicks.
The success of GorillaTrades and its easy roadmap made Alex Udharam Dadlani from Arrecife in the Canary Islands recently sign on. How an investor, who lives along the aquamarine waters of the islands off Spain, came across GorillaTrades is not known. They certainly don't have jungles there, let alone gorillas. Nor does the Gorilla know how Ben Lowther from Overijse, Belgium, population 24,084, came to be a subscriber, though the Gorilla suspects through client referral, as is so much of GorillaTrades' business. And how did word make its way to Alfa Das in Shah Alam, a city near Kuala Lumpur in Malaysia (south of Thailand)? The Gorilla can only guess that savvy investors look for profits across oceans, no matter how vast the expanse.
In fact, so many investors these days, both in the U.S. and abroad, prefer to invest without having a broker oversee their decisions or having to interface with a broker. Some just want anonymity, like the Gorilla himself. The Gorilla also points to disenchantment with the traditional brokerage relationship as particularly incentivizing the wave of new global subscribers. Investment brokerage firms typically cannot recommend the stock of a company which their research does not cover. That leaves many would-be investors alone in the jungle when it comes to some potentially explosive stocks. In addition, there is often a conflict of interest between a brokerage firm's recommendations and its investment banking clients. GorillaTrades eliminates that bias by relying on its technical analytical system so there are no ulterior motives, no brokers with whom to have small talk, and no high commissions. Most investors choose to simply execute GorillaPicks through inexpensive online trading systems.
"When it comes to investment portfolios, so many people realize, 'I can do this myself,' but they still need some advice," added the Gorilla. "Now, investing is in a new age, an age without borders. A profit is a profit no matter where it's made, and bottom line, that's why global investors are turning to GorillaTrades for their investment tools."
In fact, in the first half of 2005, GorillaTrades saw its greatest influx of new subscribers outside North America coming from the U.K. Germany and Saudi Arabia. That, despite the fact that the only non-U.S. stocks that GorillaTrades considers are American Depository Receipts (ADRs), securities that represent an ownership interest in non-US companies, though such ADRs represent a small fraction of GorillaPicks. In terms of U.S. stocks, the two current portfolio leaders in GorillaTrades portfolio are Cerner Corp. (CERN), www.cerner.com, and Global Payments (GPN), www.globalpaymentsinc.com. Cerner, which entered the GorillaTrades portfolio in mid-February, is up 59.24%, while GPN, part of the portfolio since early August, was up 26.62%. Tesoro (TSO), www.tsocorp.com, recently stopped out with over a 55% profit since its May purchase. Of the current GorillaTrades portfolio of 25 stocks, 20 presently have unrealized gains.
GorillaTrades, www.GorillaTrades.com, is headquartered in Jupiter, Florida. The newsletter communicates GorillaPicks to subscribers nightly along with upside price targets, stop-loss levels, GorillaShorts and Special Situations Picks. |