- Goes to Google and does a search for "penny stock picks"
- Finds a site offering a 100% free service, and opts in to receive the picks
- Goes to his/her online broker account and buys the pick
- Is promptly disappointed when they see the terrible results
Most stock newsletters are paid to profile each one of their penny stock picks.
Therefore there can be no objective reason why they think the stock will go up in value.
They are only recommending it due to the compensation they received, sometimes up to $500,000.
If the otcbb stock promoting newsletter receives such a large sum, that tells me something: They are expecting to sell much more stock to the general public who is suckered into buying their pick compared to what they were paid to promote the stock.
In other words, as the newsletter is promoting the stock, the stock is being diluted, along with the interest of the people who bought the stock.
I am here to tell you that Microcapmillionaires.
com never has and never will be a paid stock promoter.
You can become a subscriber to receive 3 free penny stock recommendations.
If you like the service you can elect to become a paid subscriber.
Many subscribers have extremely positive reviews of the service, and the testimonials keep piling in.
Penny (microcap) stock trading can be very tricky, and doing on your own often involves a very time consuming learning curve.
Good stock newsletters help to narrow that curve and get your trading account nice and fat.
To see if a particular newsletter has been compensated for a penny pick, simply check the disclaimer at the bottom of the email, no matter how tiny the font may be.