Author Topic: SeekingAlpha turns Evil  (Read 11713 times)

Graham Osborn

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SeekingAlpha turns Evil
« on: March 20, 2018, 05:11:34 PM »
Has anyone else noticed how all the articles except the most recent are now locked behind the PRO subscription?  At first I thought it was some kind of sick joke, but it literally seems they are now expecting everyone to pay $75/ mo for access to virtually all their articles.

I'm just curious, is there anyone out there who is going to pay that kind of money for a site where 90% of the articles are of dubious quality?

But what is even more upsetting is how the site has now basically stolen content from authors who put in 10s or 100s of hours on pieces that are no longer creating value for those authors.  The author compensation policies were always a joke, so presumably authors were writing in order to gain recognition or perhaps introduce some efficiency to the market (obviously there were some manipulators as well, but my sense was that these were in the minority).  That's all gone now.  Unless your portfolio is big enough that a $900/ year charge doesn't matter, SeekingAlpha has now declared that you don't deserve the same access to information that the big guys do.

It would be like Gmail deciding to charge you $10/ month for access to your existing email.  So.. fundamentally.. wrong.
« Last Edit: March 20, 2018, 05:22:09 PM by Graham Osborn »


Schwab711

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Re: SeekingAlpha turns Evil
« Reply #1 on: March 20, 2018, 05:34:21 PM »
You described the issue. You used to get paid the same regardless of whether you spent 100 hours researching a company or if you summarized recent news. SeekingAlpha eventually had to tier payouts and recoup money. Thus PRO subscriptions. The problem of rewarding quality still exists at SA and there are other avenues to monetize good research.

Even on this board there is decreasing incentive to share ideas. You can see it in post quality. Some of that is due to folks stealing ideas on this site to write on SA.

Spekulatius

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Re: SeekingAlpha turns Evil
« Reply #2 on: March 20, 2018, 05:35:18 PM »
Yes, SeekingAlpha jumped the shark. I donít think that many people will pay up, the content for the most part is not worth it. I think hiding the older articles behind a paywall will do nothing but reduce page views.
To be a realist, one has to believe in miracles.

CorpRaider

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Re: SeekingAlpha turns Evil
« Reply #3 on: March 20, 2018, 05:44:27 PM »
They have some turrible articles, imop.  I should start just ripping three charts and some quotes from x company's latest quarterly supplement on my blog (of course I would have to figure out how to accomplish that technically.)  I do like the earnings transcripts.

rb

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Re: SeekingAlpha turns Evil
« Reply #4 on: March 20, 2018, 06:26:43 PM »
Yea, I'm not gonna spend $75 a month for earnings transcripts. Most of the articles are crap.

CorpRaider

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Re: SeekingAlpha turns Evil
« Reply #5 on: March 20, 2018, 06:34:22 PM »
Ok they started charging for that?  I hadn't noticed yet.

I like that earningscast app, but they don't have it for android.  I switched over to do the Google FI thing.

kab60

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Re: SeekingAlpha turns Evil
« Reply #6 on: March 20, 2018, 11:39:15 PM »
Just fyi, when I access from the app (mobile/tablet) it is like it used to be.

John Hjorth

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Re: SeekingAlpha turns Evil
« Reply #7 on: March 21, 2018, 02:59:03 AM »
Just fyi, when I access from the app (mobile/tablet) it is like it used to be.

That reads absolutely ridiculous, if SA here hasen't tightened the ship totally, kab60! [ : - ) ] I just looked at the website, I could not see a link to an app anywhere. Is the app that you're using an app that you have downloaded from somewhere, kab60, or is it that you're ["just"] browsing the site from mobile/tablet?
« Last Edit: March 21, 2018, 03:02:48 AM by John Hjorth »
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Spekulatius

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Re: SeekingAlpha turns Evil
« Reply #8 on: March 21, 2018, 04:14:05 AM »
Yea, I'm not gonna spend $75 a month for earnings transcripts. Most of the articles are crap.

The earnings transcripts are still available and donít disappear behind the paywall. That is the main thing that attracted me to the website in the place.
To be a realist, one has to believe in miracles.

StevieV

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Re: SeekingAlpha turns Evil
« Reply #9 on: March 21, 2018, 05:03:40 AM »
Yea, I'm not gonna spend $75 a month for earnings transcripts. Most of the articles are crap.

The earnings transcripts are still available and donít disappear behind the paywall. That is the main thing that attracted me to the website in the place.

I thought that they were starting to put old transcripts behind the paywall.  Only the latest quarter available for free.  I am also having different experiences on different platforms.

If you can only access the latest articles, that greatly reduces the value of the site to the free user.  As you mention, many articles are far from great.  However, when you can go back a couple years and see all of the articles about a particular company, plus the transcripts, that adds up to some value.  Think about the value of the threads here if you could only go back a week or month.

Hope they reverse the decision.  Not tempted to pay for a subscription at current pricing and quality.