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.
Recommendations and Affiliates
MorningLightMountain LLC only recommends products or services that it believes are useful. Some products that MorningLightMountain likes or recommends are provided to it at no cost: currently, this includes Spikeet and ScriptsToTrade. MorningLightMountain LLC is an affiliate of Cobra Trading and Michael is a happy client. For referring people to Cobra with his affiliate link he gets a lower commission rate and a cash bonus for anyone who opens an account using his link.
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 — MorningLightMountain LLC receives commissions from Profit.ly for any Profit.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.
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. MorningLightMountain LLC is an affiliate marketer of Profit.ly (with $89.96 in affiliate income over the year ending 4/3/2022).
Through MorningLightMountain LLC, Michael Goode moderated/administered Tim Sykes’ TimAlerts stock chatroom, he assisted with Sykes’ Trading Challenge, and he received substantial remuneration for this work. This work ceased on May 1st, 2021. Michael Goode collaborated with Tim Sykes on the Read SEC Filings DVD published by Sykes’ company, Bullship Press (since renamed Millionaire Media LLC), and for many years up until May 2021 he received 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). In September 2021 MorningLightMountain LLC sold all rights to the Read SEC Filings DVD to Millionaire Media LLC. Michael Goode has spoken at Sykes’ penny stock conferences in most years since 2010 for which he has received in compensation free airfare, free hotel stays, and free food (but no cash remuneration). Michael Goode has received other benefits from Tim Sykes and his companies in the past, including but not limited to a trip on a yacht (shown on Season 5 of Below Deck) and a stay at a resort in Positano, Italy (both with Michael’s wife). Michael Goode continues to receive free access to the Challenge chatroom through Millionaire Media LLC and to StocksToTrade (a product from a different Sykes-affiliated company). MorningLightMountain LLC previously had a contract with Millionaire Media LLC that included a non-disparagement clause that may no longer be in effect or may continue to be in effect until November 1st, 2022. 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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