I completely disgree with the reader from Austin regarding his comments on Wade Cook and his latest book: FREE STOCKS.The examples Wade uses in his book are dated back to 2000. Stocks have dropped and option prices have changed. Margin is not a bad word---it's a form of leverage that creates wealth. Since the reader is familiar with Robert G. Allen, he should be aware that Mr. Allen also recommends leverage. So does Donald Trump. So do all successful investors.Returns are not unrealistic. This reader from Austin needs to go to the cboe and check option prices. The genius of Mr. Cook is that he uses real estate type techniques in the stock market; options, margin and covered calls. Throught out this and other books by Mr. Cook, he constantly suggests caution.I made 50% on a stock split play earlier this week and am now using the LOCC FREE STOCKS technique and have the stock market pay for my stocks. Again this is straight out of real estate, buy a piece of propery and have it pay for itself by lease options or rentals.Reader from Austin is obviously very inexperienced in the markets and didn't take the time to read the whole book. Too bad for him.

Use your stocks to buy more stocks? What a novel idea!

Rating: 5/5

In this 5th installmentof the Wall Street Money Machine series, author Wade Cook shows us how to use our stocks to buy more stocks. This is a hidden area of the market that nobodyelse knows or wants to talk about or wants you to know.

Since this book was written several years ago, the huge premiums are not available but you can still make money witht he concept. And when those huge preiums come back, you'll be ready to cash in.

Great book Wade. Thanks for sharing.

More creative advice by Mr. Cook

Rating: 5/5

Although the techniques in this, the fifth installment of the WALL STREET MONEY MACHINE series were and are practiced by savvy wall streeters, how many were sharing these ideas with the rest of us? Answer? Only one--WADE COOK!

And that is the only thing that I will agree with regarding that Wade Cook basher (yeah, it really is only one guy), that is, what Wade teaches is not necessarily new, savvy experienced investors knew about them and unforunately, they want to keep it that way---to themselves.

Thanks WADE for sharing.