This blog is owned and run by MorningLightMountain LLC, a Michigan limited liability company. Michael Goode is the managing member of MorningLightMountain LLC. The company’s name is a reference to the xenocidal alien in Peter F. Hamilton’s Commonwealth saga. The company has no relationship with Hamilton or with anyone who may use the same nickname. There are other traders or persons on the internet who may use the nickname MorningLightMountain but they have no relationship to MorningLightMountain LLC. The company posts to InvestorsHub using only the “Michael-Goode” account and to SiliconInvestor using only the “Reapertrades” account.
This blog is about stocks and other investments. The writer of this blog is not a registered investment adviser and he will not and cannot give personalized investment advice. If you wish for personalized investment advice, please consult with someone who is a Certified Financial Planner (CFP). These individuals are qualified to help you; also, find one to whom you pay an hourly fee, to ensure that your adviser has no conflicts of interest. To find a CFP near you, visit the CFP Board’s website.
When a stock owned by MorningLightMountain LLC or any of its members is written about, that ownership will be disclosed at the end of an article in which such a stock is mentioned, unless that stock is owned in a hedge fund, mutual fund, managed account or other account that is not controlled by the company or its members. Because this is a day-trading blog MorningLightMountain LLC or its members acting on their own may close or re-open a position in a stock without timely notification of the readers of this blog. This blog is for informational purposes only and you should not consider anything in it to be investment advice.
MorningLightMountain LLC and its members will make their best efforts to disclose any conflicts of interest of which they are aware with regard to stocks, companies, or products written about on this blog.
Neither Michael Goode nor any other members of MorningLightMountain LLC nor the company itself have ever been sanctioned for violations of securities laws, and no members of MorningLightMountain LLC have ever been convicted of any felony or misdemeanor whatsoever. However, MorningLightMountain LLC makes no guarantees about the accuracy of the statements on this website and the company will not necessarily update statements that later turn out to be false. Because we aim for accuracy, anyone who finds errors is urged to use the contact form to point them out to us.
The material on this site is provided for informational purposes only. No mention of a particular security constitutes a recommendation to buy, sell, or hold that or any other security, nor does it mean that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. MorningLightMountain LLC cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment or methodology, or the potential value of any investment or informational source. Site users bear sole responsibility for their own investment research and decisions. Anything written on this website is solely the opinion of the author unless it is clearly and expressly stated as fact.
Category labels are not necessarily correct descriptions of articles in those categories.
MorningLightMountain LLC posts comments about stocks on Twitter and those comments may appear on this blog in a sidebar. This disclosure policy and trading policy do not apply to posts on Twitter or anywhere else on the internet, only this website. The only disclosure policy MorningLightMountain LLC will follow when making posts on Twitter or websites other than this blog is that the company will use its best efforts to disclose when it or a member holds a position in a stock.
MorningLightMountain LLC will occasionally tweet about stocks that its members trade. These tweets will often be delayed and thus attempting to trade based on these tweets will likely lead to losses. I discourage anyone from making trades based on these tweets. These tweets are not recommendations to buy or sell a stock. They are for informational and educational purposes only to give my readers a feel for how Michael Goode trades and to convey his opinion on stocks.
This website may occasionally cover tax issues for traders. No member of MorningLightMountain LLC has any training in tax law (or any kind of law) and nothing written here is to be construed as tax, financial, or legal advice. I recommend The Tax Guide for Traders by Robert Green. MorningLightMountain LLC and Michael Goode continue to use Green’s firm for tax preparation. MorningLightMountain LLC and its members receive no money from the firm for promoting them and the only money MorningLightMountain LLC receives from recommending Green’s firm comes from the Amazon.com affiliate link.
Recommendations and Affiliates
MorningLightMountain LLC only recommends products or services that it believes are useful. For some products or services it recommends the company is an affiliate and receives a percentage commission based on product or service sales from those clicking the affiliate links. Every product for which MorningLightMountain LLC is an affiliate it or its members are also happy customers and MorningLightMountain LLC is an affiliate because it or its members like the service or product. The one exception to this is the Profit.ly affiliate — I receive commissions from Profit.ly for any Proift.ly newsletter/service that a person signs up to after clicking on my affiliate code. This should not be interpreted as a blanket recommendation of all the newsletters on Profit.ly.
Michael Goode used to be an affiliate of InvestorsUnderground (IU) stock chat, for which he received 50% of a new subscriber’s first month’s payment and 25% on an ongoing basis. MorningLightMountain LLC no longer recommend InvestorsUnderground and neither it nor its members have received any affiliate payments from them since December 2010. Michael Goode is no longer a member of InvestorsUnderground stock chat; the membership ended at the end of 2010. Michael Goode subscribed to IU since its inception at the beginning of 2009 and paid the standard rate of membership for charter members, which was $99/quarter. MorningLightMountain LLC or its members are happy customers of Amazon.com and all the links for books use the company’s affiliate link. MorningLightMountain LLC is an affiliate of Timothy Sykes. Read on for more information on the company’s and Michael Goode’s relationships with Timothy Sykes. In the future, MorningLightMountain LLC or its members may enter into additional financial arrangements for recommendations or affiliations. The company will attempt to keep you informed of the details of any such arrangements.
Relationship with Timothy Sykes
Prior to the launch of Profit.ly, Michael Goode was an affiliate of Timothy Sykes, for which he received 35% of the purchase price of any product ordered using his link (the Profit.ly affiliate program replaces the Tim Sykes affiliate program). Michael Goode is a TimAlerts lifetime member (for which he paid $2,000) and a lifetime subscriber to PennyStocking Silver (for which he paid $1350); he has also purchased Sykes’ DVDs Pennystocking 1 & 2 and Sykes’ Learning Level 2 DVD (he has since given away his copy of Pennystocking 1 in a contest on this blog and he has re-sold his copy of Learning Level 2). He received the TimRaw DVD as part of the 2008 Las Vegas seminar he paid for and attended; he received TimTactics and TimFundamentals Part Deux as part of the 2009 Las Vegas seminar package that he paid for and attended.
Through MorningLightMountain LLC, Michael Goode moderates/administers Tim Sykes’ TimAlerts stock chatroom, and he assists with Sykes’ Trading Challenge and he receives substantial remuneration for this work. Michael Goode collaborated with Tim Sykes on the Read SEC Filings DVD published by Tim’s company, Bullship Press (since renamed Millionaire Media LLC), and he receives a flat monthly payment for licensing the material on that DVD (since the formation of MorningLightMountain LLC he has contributed all rights to that DVD to MorningLightMountain LLC). Michael Goode has spoken at Sykes’ Las Vegas penny stock conferences in 2010, 2011, 2013, 2014, 2016, 2017, 2018, and 2019 for which he has received in compensation free airfare, free hotel stays, and free food. MorningLightMountain LLC currently has a contract with Millionaire Media LLC that includes a non-disparagement clause. MorningLightMountain LLC will attempt to keep you informed of any changed or additional aspects of the relationship of it and its members with Timothy Sykes in the future.
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