subject: The Real Truth About The Penny Stock Prophet Scam: An In depth Review [print this page] The Real Truth About The Penny Stock Prophet Scam: An In depth Review
I made a decision to take a hard look at the so-called Penny Stock Prophet scam. There are all kinds of rumors and misinformation on the net about this penny stock newsletter's validity. I wanted to see first hand if Penny Stock Prophet actually had the inside scoop on hot penny stocks. I figured since there was an eight-week money back guarantee, I had absolutely nothing to lose. The following is my impartial opinion on the Penny Stock Prophet scam.
James Connelly's Penny Stock Prophet is a penny stock newsletter that is tailored toward casual traders that do not have the time to handle the time-consuming aspect of analyzing every single penny stock. This particular penny stock newsletter will give you a very in depth e-mail with details on certain stock picks. It will break down the fundamentals and give you the precise terms on precisely how to invest in each stock. You will know the both the entry and exit points and have an excellent idea where to place your stop loss order.
At the end of the day, Penny Stock Prophet simply does the homework for you and explains to you precisely what you should do. After all this, I seriously do not notice any scam involved; however, let's look a little deeper.
Penny Stock Prophet hot penny stock picks count on a number of major trading techniques that, if reviewed accurately will give you substantial gains a very short period of time. Connelly has been extremely effective in selecting stocks and shares that include these traits. Essentially he discovers grossly undervalued penny stocks that are close to breaking out and dramatically increasing which can help make penny stock traders a large sum of money in a really short period of time. The only downside is the fact that not all the picks will improve. In some cases, the stocks will decrease rapidly and without notice. This is exactly where I believe a number of folks believe in the Penny Stock Prophet scam.
The first pick I invested in after buying Penny Stock Prophet appreciated 220% and went from $.15-$.48 in less than 48 hours. This is just one example of what you can anticipate if you buy Penny Stock Prophet.
As of the date of this document I have made money on 21 of 25 picks I have gotten. The initial two picks I obtained I simply watched to observe how they performed and the other 2 picks I lost money; nevertheless, I had a stop-loss order and lessened my losses on them.
Overall, I am pleased with this penny stock newsletter and don't think in the Penny Stock Prophet scam.
