There is another problem.... suppose you subscribe their service for an year in 2009 and they recommend say : Buy MIC electronics @ 37! You enter the stock. Their target is far away when your Subscription ends. Now what? You either keep it holding waiting for the target or 'do your own research' to either exit or hold ! Its your luck if it hits target of 105/-
You are not satisfied with their services but still renew it for 2010 waiting for things to turn better which they donot and so you do not renew thereafter. What about the stocks already held? In case of MIC suppose they were still advising HOLD till the time you you were subscriber. The price of MIC goes down to ~Rs.2.00 and you are in a fix what to do, you can neither hold on nor exit! (It becomes a dilli ka laddoo) However you are not aware that EqM has already advised exit at around 16 or 18 , 50% below entry!
This is my own story !
Another thing : They advise a stock to Buy at a price much below CMP and when price rises, they record the CMP on the day of their recomendation as "entry" rates.
As DSM said, their research is immaculate ! Any TS who wish to get a Short list of stocks as per Fundamental view, EqM is best to Subscribe! A TA can decide on a Stock to invest and then time the market /entry!
I had suggested to them to track the Stocks recomended to a Subscriber during his enrolled period, and after he exits, send him a mail when these Stocks are suggested to EXIT, this could be an excellent add on value for Subscriber! No need for regular update just an exit notice!