What is Investools?
Investools products and services are built around a proprietary 5-Step Investing Formula that is “designed to teach both experienced and beginning investors how to approach the stock selection process according to [its] proven investing formula.” A review of SEC filings suggests to us, however, that management never took the workshops or home study courses with the “proven investing formula.” For the first six-months of FY 2007, the Company reported realized losses of about $4.0 million in marketable securities available for investment and subsequently sold! Course offerings are generally combined with personalized instruction and ongoing support. They are offered in a variety of interactive learning formats, including instructor-led synchronous and asynchronous online courses, in-person workshops, and online coaching programs and telephone, live-chat and email support, which [supposedly] “solidify student understanding of the investing process and helps them take control of their fina
