Penny Stocks

PennyPicks.net Reviews – Legit or Scam?

September 14th, 2015  |  Published in Penny Stocks

PennyPicks.net is the online home of PennyPicks, a financial newsletter which promises to help people get “a front line seat to the most explosive stock picks” and avoid the “throngs of worthless imposters.”

According to their website, the creators of PennyPicks.net were successful venture capitalists and entrepreneurs before they decided to take on the project of helping everyday people earn money investing in penny stocks.

To get started, all you have to do is submit your active email address to their website, and decide whether or not you would also like to receive text message alerts. Signing up for their newsletter is completely free; for text alerts, standard messaging fees will apply.

What Does PennyPicks.net Offer?

Penny stocks is the term used for stocks which currently run under $5 a share, though websites and newsletters that promote investing in these kinds of stocks generally focus on stocks that are currently valued under $1 a share.

PennyPicks.net says that they watch several penny stocks over the course of several months and then compile reports on the companies whose stocks they are recommending for purchase through their newsletter.

You can then take the information from these reports, as well as the analysis they provide of technical indicators which show the future projection of these companies’ stocks, to determine whether or not you should make an investment in these recommended stocks.

What to Consider

Penny stocks are incredibly controversial, for many reasons. The first, of course, is that the very thing that makes them attractive is what makes them dangerous – their affordability.

Because these stocks are so cheap, it is easy for people to manipulate them and purchase enough stocks to make it seem like the value is on the rise. But once more people begin to buy the stock, causing the price to rise even higher, the initial purchaser or purchasers can sell their stocks at the new, higher value, and send the stock price crashing, hurting all investors that come later.

The SEC has published warnings for people who are considering investing in these kinds of stocks, so they know what kind of risks they will be encountering.

In addition, because of the issues with liability, the PennyPicks website offers a disclaimer saying that their staff are not licensed investors, and that their newsletter should be considered entertainment instead of financial advice.

The reality of any investing circumstance is that investors must do their own due diligence before making a choice to invest – relying on a single source of information is a dangerous practice that should be avoided.

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StockTips.com Reviews – Legit or Scam?

July 26th, 2013  |  Published in Penny Stocks

StockPicks.com is a website which claims to offer a detailed, step-by-step report about what they call a “stock market loophole” which can be used to make thousands of dollars a month.

According to StockPicks.com, unlike traditional stock market reports which are long and complicate, theirs has been condensed down to just 62 pages, all filled with easy, step-by-step instructions, including screen shots.

Even though the report originally sells for $129, it is currently selling for $37. And because it is a Clickbank product, if you have any dissatisfaction with the information you receive, you have 60 days to request a refund of your purchase price.

The Loophole

The website describes the loophole as giving people the ability to buy stock shares at “giveaway prices.” According to them, there is a flaw in the system which can push the price of certain stocks to 80% lower than where they should be.

They say that 90% of the time this value fluctuation only occurs for a short period of time before the sock then jumps back to its correct value, giving you the ability to make large returns on your investment.

The website promises that this loophole is completely legal and will probably always exist within the market. It can help both novice and advanced market traders, and can give you need to begin making money within the week.

What to Know

Customers who read their disclaimer will see that this financial report discusses “penny stocks,” a type of microcap stock which generally trades under $5 and sometimes even under $1. Unfortunately, there can be a lot of risk associated with these stocks. Financial advisors have cautioned that this type of stock is dangerous to invest in because they are so easy to manipulate.

It has been documented that individuals and companies can purchase large amounts of this stock to make it seem as though the value is rising, and then when others begin to purchase the stock as well, they sell off their shares and walk away with a profit, and leave the stock value to plummet again.

Fortunately, like all websites which provide financial information, their disclaimer also advises their users that all stock recommendations they provide to you also go through a broker or other financial advisor so that you can best protect yourself. This is good advice to follow when dealing with stock recommendations from a web source.

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PennyStocks.com Reviews – Legit or Scam?

October 23rd, 2012  |  Published in Penny Stocks

PennyStocks.com claims to be the internet’s leading penny stock alert website, which provides its members a free newsletter in order to keep them informed of penny stocks that are ready “to soar” in value.

PennyStocks.com says that they choose their stocks based on their evaluation of important criteria: their short and long term growth potential, the company’s growth potential, their products, and the company’s sector of operation.

PennyStocks.com claims that the stocks they alert you to regularly make gains of over 1,000%, and that if you had been following their alerts from the beginning of their newsletter, your gains would be over 40,000%.

Understanding Penny Stocks

The actual name of penny stocks is microcap stocks or small cap stocks. These are stocks that trade under $5 a share, though penny stock alert companies tend to concentrate their focus on stocks that trade under $1 a share.

PennyStocks.com readily admits that most traders and investment teams will not advocate buying penny stocks, as their low price makes them a risky investment.

Because penny stocks are so inexpensive, they can be easily controlled by one individual’s influence. For a manageable amount of money, a single company or investor can purchase hundreds or thousands of shares.

This large scale purchase will raise the value of the stock, allowing the investor to use this gain to convince others of the stock’s potential, encouraging them to buy. After others purchase the stock, the original investor sells their shares, and walks away with a profit while causing the stock’s price to fall.

Is PennyStocks.com Legit?

Unfortunately, both the Disclaimer and the FAQ sections of PennyStocks.com explain that they are not actually an investment company. Rather, they are a marketing and advertising company that is paid to promote certain stocks.

PennyStocks.com says that they do not actually employ any investment bankers, advisors, or analysts, and that their penny stock alerts should not be interpreted as advice to purchase any stocks or invest in any company.

As always with any investment opportunity, you should never invest money that you cannot afford to lose, as that is always a reasonable risk with the stock market. But if you are looking for investment advice, you may wish to seek advice from an actual investment company, rather than a company that receives compensation for promoting stocks.

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Preferred Penny Stocks Reviews – Legit or Scam?

October 10th, 2012  |  Published in Penny Stocks

PreferredPennyStocks.com is the online home of Preferred Penny Stocks, a company that alerts its users to promising stocks so that they may invest in affordable stocks at a time that could be most advantageous.

The company claims that they call themselves Preferred Penny Stocks because they refuse to recommend 95% of the penny stocks they come across, instead only recommending the 5% that they research and decide are “preferred” stocks.

If you are interested in receiving email alerts from PreferredPennyStocks.com, you can sign up to receive their newsletter and their real time penny stock alerts for free. However, they caution that before you actually invest, it is up to you to perform your own due diligence on any company they recommend.

What Are Penny Stocks?

Penny stocks, or micro cap stocks, are stocks that trade under $5, though most companies that specialize in the promotion of micro cap stocks will focus on those companies whose shares are actually trading under $1.

Professional traders will warn their clients about penny stocks, however, because they are easily manipulated. Since the shares themselves are so affordable, it is very easy for a company or an individual to buy a large amount of a company’s stock in order to falsely inflate the value of that stock.

Once the stock price begins to rise, others can be manipulated into purchasing that stock, and then the company or individual can sell their shares at the inflated price, giving them a large profit but causing the stock value to decrease and negatively affecting the new investors.

What You Need to Know

Preferred Penny Stocks is not actually a financial agency. They are a marketing firm who is paid to promote certain companies by advertising their stocks and encouraging investors to purchase them.

Though Preferred Penny Stocks claims that they thoroughly investigate each individual company and will only promote those that they feel have the most promise, it is still important that you do your own research on the stocks they promote so that you aren’t being taken advantage of.

If you do not have the time to perform your own research, you should consider getting the opinion of a professional investment company.

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The Ultimate Penny Stock Reviews – Legit or Scam?

October 9th, 2012  |  Published in Penny Stocks

The Ultimate Penny Stock, found online at TheUltimatePennyStock.com, is a free financial newsletter that claims to provide investors with fast, reliable information from top penny stock analysts.

Becoming a member of The Ultimate Penny Stock provides you with Beaking Penny Picks from Top Stock Analysts, Stock Profiles with video analysis, and over $1500 worth of investing memberships and tools.

You can sign up for The Ultimate Penny Stock newsletter for free, including signing up for both email and/or text message alerts for stocks that require fast acting investment, as most penny stocks do.

Penny Stock Investing

The phrase “penny stocks” is the popular term for microcap stocks or small cap stocks, which are stocks that trade under $5 a share, though most penny stock alert companies will focus on recommending stocks that trade under $1 a share.

Penny stock trading has become very popular in recent years, but it can be a risky venture. What makes penny stocks so popular – how extremely cheap they are – also makes them potentially dangerous.

Historically speaking, because penny stocks are so cheap, they are easily manipulated. Since a share is so affordable, a single company or investor can purchase hundreds or thousands of shares for a reasonable amount of money.

The purchased shares will cause the value of the stock to rise, allowing this same investor to use the recent rise in stock prices to influence others to purchase this same stock. Then the investor can sell their shares for a profit at the new increased price, and walk away, resulting in the stock prices falling again.

The Dangers of Investment Newsletters

Many investment newsletters are actually promotional tools that are advertising the stocks of companies they partner with in order to raise their stock prices. TheUltimatePennyStock.com says that it is not compensated in any way for publishing information about companies in their reports or newsletters.

However, they do partner with certain companies for advertising purposes and warn their users that their policies do not extend to their partner companies, of which they have many, such as ResearchDrivenAlerts.com.

This means that it is important to research every company or website that you potentially give your information to, in order to determine how they are doing business and whether or not it is in your personal best interest.

If you're at Reviewopedia.com because you are looking for a way to make money online then check out our article "7 Ways to Make Money Online" - methods that anyone can use to earn an income from home.

 

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