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2.6

Joining the Agora Financial Reserve - for several thousand dollars, plus an annual fee of $149 - is supposed to provide access to all current and future Agora publications. However, when the "Stockman Bubble Report" began a few months ago Agora said that it would cost extra "because he [Stockman] doesn't work for us" - despite Stockman's co-writer being an Agora columnist, and despite having the same Baltimore Street address as Agora Financial.

Then a few weeks ago, Chris Mayer's "Special Situations" (one of the services with a better record) suddenly left Agora to join Bill Bonner's group (Bonner is a former Agora writer) - with an offer of a new paid service - even though Bonner's group also shares the same Baltimore street address. The most irresponsible aspect of the Mayer move was the advice on what to do with the many open positions in the Special Situations portfolio: "Use you best judgment." When a newsletter recommends a position in an equity, the very least it should do, absent the Editor's dying or going out of business, is continue to follow their recommended positions until they are closed out.

Many others have commented on various sites about Agora's relentless marketing, teasers, and alarming predictions, but their current activities seem to reach a new level of greed and irresponsibility. I hope someone brings a class action.

Reason of review: abrupt discontinuation of service without followup.

Preferred solution: Provide appropriate advice on all open positions in Mayer's Special Situation Portfolio; live up to promise of Financial Reserve as including all current and future Agora Financial Publications (even if they move to another office down the hall)..

Agora Financial Cons: Abrupt ending of service without followup.

Location: Charleston, South Carolina

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Guest

Agora has some decent authors. However, the reserve is a rip off, because they have a revolving door.

I suggest buying a newsletter that suits your immediate needs, and only doing so on an annual basis.

That way, when the author moves on, you move on. I bought the farm, and wish I never did.

Guest

I have subscribed to Chris Mayer's Special Situations too. Agree it is irresponsible to leave subscribers in the lurge on their open positions.

What is worse, is that in compensation, they switched me to Penny Stock Fortunes which I am already a life-time subscriber! I wonder if AFR keeps any record of their customers' subscriptions.

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