Reference

Promo Glossary

The vocabulary of financial newsletter promotions, decoded. If a promo uses a word you don't recognize, look it up here before you act on it.

VSLVideo Sales Letter

A long-form video used to sell a newsletter subscription. Usually 30–90 minutes, heavy on narrative and urgency, light on numbers. The format most of the promos we vet arrive in.

S-1SEC Form S-1

The registration a company files with the SEC before going public. Promos sometimes tease a company "about to file its S-1" — which, if true, is public information and not a secret.

Backdoor playBackdoor Play

A promo framing where the presenter claims you can profit from a trend "without buying the obvious stock." Usually points at a supplier, equipment maker, or service company adjacent to the headline narrative.

Free tickerFree Ticker

A stock symbol dangled in a promo as a "free" giveaway — the thing you supposedly get just for watching. Almost always deducible from the clues in the VSL without paying for the subscription.

Green shoeGreen Shoe Option

An over-allotment option granted to underwriters in an IPO. Promos sometimes mention a company "exercising its green shoe" as a signal — it is a sign of over-allotment demand, not of future stock performance.

LockupLockup Period

The window after an IPO during which insiders cannot sell shares. Promos occasionally tease buying "just before the lockup expires," framing it as a catalyst. It is a catalyst — for insider selling pressure.

TeaserTeaser Campaign

The marketing run ahead of a paid newsletter recommendation. The whole point of a teaser is to make you curious enough to subscribe. The "secret stock" is the bait; the subscription is the product.

RevealThe Reveal

What we do: identify the "secret" stock a promo is teasing. Most reveals are deducible from publicly stated clues — industry, market cap, recent partnerships, and the company the presenter has mentioned in prior campaigns.

DisclaimerDisclaimer / Compliance Block

The fine print at the bottom of a promo disclosing conflicts, compensation, and the fact that the publisher may hold positions in mentioned securities. Most people scroll past it. We read it.

Urgency framingUrgency Framing

A countdown clock, a "this presentation comes down at midnight" banner, or a "limited seats" claim. Marketing pressure, not market information. Almost never reflects a real deadline.

Bonus stackBonus Stack

A pile of "free bonus reports" layered onto a newsletter subscription to inflate perceived value. Usually PDFs of prior research. The stack exists to make the subscription price look like a deal.

Risk-free trial"Risk-Free" Trial

A refund window offered on a subscription. The trial is rarely risk-free in the colloquial sense — there are often restocking fees, time limits, and the friction of requesting a refund.

PortfolioModel Portfolio

The list of current recommendations a newsletter maintains. Promos often quote the portfolio's best-performing pick while omitting its worst. Always ask for the full track record, not the highlight reel.

Past performancePast Performance Disclaimer

A legally required note that historical returns do not predict future results. Present in every legit promo. Its presence is a minimum bar, not a quality signal.

AffiliateAffiliate Link

A link that pays the referrer a commission. We do not use affiliate links. Any newsletter publisher whose promo we vet — we are not being paid by them, and we are not being paid to promote a competitor.

ComplianceCompliance Floor

The minimum disclosure a promo must include to be legal. We check whether each promo clears it — and whether the disclosures actually match what is being pitched.