Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks--FREE! [Hardcover]

Wade B. Cook (Author)

Book Description

Publication Date: April 1, 2001

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!, and what do you think? Is there a catch? I'll be right up front and say there is, but it's not what you think. ... There is a way to get FREE STOCKS, which if you get to the bottom line meaning of FREE, is simply that you do not pay for your stocks yourself. I'm talking about quality stocks...you get to choose! You can be as diversified as you want. ... you can pretty much start with any amount of money....

"...this is not a get-rich quick-plan. This is also not some ambiguous, nebulous method that only a few people can master and use. It is also not a theory. It is an in-the-trenches, workable, cash flow stock market money machine. This plan takes a simple yet overlooked aspect of the stocks and options markets and puts it to full use. The results are dynamic and far-reaching." (Excerpt from the book.)

If you like the buy-and-hold strategy of investing, how do you get the money to pay for your stock? Wade Cook demonstrates how to get the market to pay for your stock with five to seven months using his NEW LOCC(tm) system.

In Free Stocks, you will find out about:
* Option Cycles And Market Makers
* How Implied Volatility Affects Option Pricing
* Buybacks And Rollouts
* Stock Repair Kit
* How To Put Volatility On Your Side -- Be A Seller, Not A Buyer
* When You Get Your Money
* Exploration Of Ways To Increase Gains And Reduce Taxes
* What To Do If The Stock Dips -- Make More Money!

And you simply must see Chapter 2 where the Stock Market Institute of Learning, Inc.(tm) will award $10,000 to the charity of your choice if you find one person who has attended our Wall Street Workshop(tm), used our strategies exactly as they are taught, and then lost money.

Purchase Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks--FREE today! Learn how to start building the portfolio of your dreams -- for FREE! Each book includes the Audio CD 'Completely Retire in 10 to 12 Months' and two complimentary tickets to a three-hour Financial Clinic.

Product Details

• Hardcover: 272 pages
• Publisher: Lighthouse Publishing Group (April 1, 2001)
• Language: English
• ISBN-10: 189200867X
• ISBN-13: 978-1892008671
• Product Dimensions: 9.6 x 6.3 x 1 inches
• Shipping Weight: 1.4 pounds
• Average Customer Review: 3.8 out of 5 stars  See all reviews (44 customer reviews)
• Amazon Best Sellers Rank: #179,644 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

51 of 52 people found the following review helpful:

5.0 out of 5 stars I agree - Don't waste your money!, May 26, 2003

By A Customer

This review is from: Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks--FREE! (Hardcover)

If you do not buy this book and follow the advice herein, you will be wasteing your money.In Wall Street Money Machine #5, Wade shs you how to put volatility on your side and how to make money even when your stocks go down.You won't find this information anywhere else.As for the allegations that Wade doesn't make money in t he markets---bull. Check the faqs,

67 of 72 people found the following review helpful:

5.0 out of 5 stars Another WOW from WADE, May 12, 2001

By 

Miles Nelson (Author of STOCK SPLIT SECRETS, WA USA) - See all my reviews

This review is from: Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks--FREE! (Hardcover)

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

42 of 44 people found the following review helpful:

4.0 out of 5 stars Covered Call Handbook, June 27, 2001

By 

Rod Walton (Canby, OR USA) - See all my reviews
(REAL NAME)   

This review is from: Wall Street Money Machine, Volume 5: Free Stocks: How to Get the Market to Pay for Your Stocks--FREE! (Hardcover)

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.