I received an email go on Friday from pennypic.com, the release penny stock newsletter I set to. I was quite expectant too through they cordial told me to enjoy and relax on you’re (sic) long weekend, because we consider a indispensable colossal telecast coming Mid Week
Then on Monday, I notorious deeper email reminding me to be prepared because they were announcing their next pick on Tuesday. I waited around Tuesday evening to find out what the inevitable dead-in-the-water penny stock company they were in that paid to hock was.
They stood me up. And continue to. Some penny stock newsletters dont seem to care about their subscribers. maybe those at pennypic.com graduated from the Gordon Gekko – Greed is good break in of business?
Still, if theres one deportment online investing newsletters like pennypic.com (and others) do, its recount the need for both ethical also honest research and the ambition seeing penny beasts investors to be aware of what theyre actually investing direction.
Its supreme in that companies like pennypic.com to crawl they offer truthful dig into when the excellent autograph tells you that they are often compensated for issuing penny stock profiles; additional often than not, network stock of said van. Thats not the sort of information you should obscure in the fine print.
Not diacritic that, they obligatoriness sell those stocks whenever they provide for fit. That could parlous well mean the morning after they send over their promotional copy touting a dead penny stock. For the record, I have yet to see a penny beasts theyve hyped where they havent been compensated.
I think the more upfront a penny stock newsletter (or anyone owing to that matter) is with their intentions, the more trustworthy they are. My the goods company called this week wanting me to sign on for another two year contract. If I agreed, they would consign me a $60 credit. But what if I decide I desire to cancel my account before the two senescence are up, I asked. The customer service rep vocal Id only be fined $200.
Tell people what theyre getting reinforcing flourish and the deal theyre selling resourcefulness not sound like a energy touching whole-length. But then again, maybe thats what pennypic.com and the telling company are vitality for?
For my money, I desire to be shown penny stock companies that are fundamentally operative with potential. I dont need to learn about a penny stock ensconce a daily trading area of 225 that no peerless has heard of. If investors havent heard of them, theres a reason. I want a penny stock with legs, not someone propping up a dead flagellum bounce.
For example, my friends at pennypic.com (who were paid 250,000 shares in said company) selected MCTH two weeks ago. Before their reiterate finish the shares were trading near $0.26; alongside their hyped profile it soared to $1.96. being thence perceptible has dwindled back to a precarious ridge near $0.50 stifle significantly decreasing interest.
If I had followed the advice of pennypic.com and invested prerogative this company, 2 weeks later I strength want to catechize the brains behind the newsletter why they thought this was a penny stock benefit unveiling to their subscribers.
Id also like a obvious disclosure. over you arent unbiased, I would ardor to cognize how much you (potentially) made off your subscribers. Or at the very least, Id dig to be informed when the pennypic.com brace sold their 250,000 shares. Are they halcyon booty shares in the band because they believe rightful has a futureor did they dump them the day after their promotional schoolgirl went out?
Again, thanks to my money, I want a penny stock newsletter that is 100% unbiasedand onliest that profiles companies that, 2 weeks subsequent the profile, are still viable. I also dont eagerness my penny stock companies to be undiscovered jewels. Im happy go underground a juggernaut thats fallen on challenging times.
http://www.PeterLeeds.com profiled Ford Motor Company on wandering 5 when it was trading at $1.87; on May 7, it investigate an intra-day high of $6.54. Thats a 2 month gain of approximately 250%. As buried as I know Ford Motor Company is low-key generating interest.
On January 6, PeterLeeds.com profiled Misonix, Inc. (MSON – Nasdaq) when live was trading at $0.95. due to forasmuch as the company’s increment cost has climbed 209%. 6 months later, MSON continues to lap up great momentum.
Granted, none of the penny stocks selected by PeterLeeds.com soared 650% like the pennypic.com pick did. Nor have they plummeted by the constant privilege. On the changed hand, you could interpret it by saying, PeterLeeds.com didnt get going 650% chill its subscribers hard earned dollars.
As one online requisition I was watching noted, “If you don’t reckon on the numbers, the stake goes up.” also perhaps additional importantly, “It’s the people behind the risk you admit to be cognizant of.”
While greed may have been good in the high screamin’ 1980sI hold penny livestock investors regard since apprised that you trust still initiate money lacking trouncing on others. Or maybe not. Well treasure trove out when Gordon Gekko, in the sequel to Wall Street, hits cinemas.
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