montogomery's analysis, page-16

We have seen a similar scenario recently with many of the other Roger Montgomery top stocks - companies that are supposed to offer a degree of certainty and bright prospects - many have come out with disappointing results and massive drops in price. This is generally followed by Roger saying that he had already sold out of the stock before the drop (usually because of some information or insight gained that would be hard for your average investor to come by).

My guess is that he has gained such a big following in recent times mostly because so many of his stock picks were doing well. Now that this has reversed and with most of the stocks being seriously punished, partly due to disappointing results, I think a lot of people will drift away. This has just shown that there is no silver bullet to stock market investing.

I am certainly not trying to attack Roger as he does give out a significant amount of information and education on his blog for free. I have no doubt that he is a generous and decent person. However, as others have mentioned, it is clear that he is running a business and is ultimately looking to profit from his books and advice services etc. In the end it seems that people selling this stuff can make lots more money than the investors buying the information