About The Spear Report, Independent Investor and Gregory Spear

Daytraderhotline.com LLC and website

In August 2009, a few months after his primary company, Independent Investor Inc, was ordered to pay me more than half a million USD, Gregory Spear registered a new entity, Daytraderhotline.com LLC. It also a website with the same name, http://daytraderhotline.com/, where Gregory Spear now offers expert tips for day-traders. For the small price of $1337/month you can learn from the self-proclaimed master!

It’ll be interesting to see whether this company will be where he tries to transfer his Independent Investor Inc assets, or if his older company Spear Capital Management Inc will get that honor.

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3 Responses

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  1. Anonymous said, on March 27, 2012 at 10:17 pm

    I had been thinking about a free trial to Spear’s newsletter and possibly, later on, the daytrading site. Then I did a search, just to see if anyone had had a bad experience. (Also because the posts on his site are all from 2011 or earlier.) You saved me! Thanks so much!

  2. Anonymous said, on June 18, 2012 at 11:48 pm

    I have been in the ETF Analyst section of Spear Reports which is a “short-term” week-to-week program consisting of only keeping 5 picks a week. On Mondays there is usually a “chat” session for Spear subscribers after the market closes. Today, 6/18/12, unexpectedly no chat session, phones not answered about why, no call back, now I read your blog and realize what a mistake I’ve made. I’ve been very concerned why Mr. Spear keeps holding the same 5 leveraged ETFs 7 weeks in a row–one is still down over 32% (all are in the red). I’ve lost big bucks since joining last year.

  3. Anonymous said, on August 3, 2012 at 3:10 pm

    I have seen Spear creating and abandoning new trading methods over the years. Lost me big bucks. ETF trader is a bust. No updates for months. The gains/losses are shown on weekly basis masking significant losses over a period of time. Stay away from his services.


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