Penny Stock Prophet success makes investors money?

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By thecollecktor

No one is 100% accurate

A recent tweet from Penny Stock Prophet suggests those who follow his recommendations will make money.   His tweet is:  John started with $500 In His Account. Within 30 Days He Had Made $1,296 With The Penny Stock Prophet. Look: http://bit.ly/TradePennyStks

Following the tweet to the website where the story resides, you find an opportunity to subscribe to his recommendations for a low cost of $97.00  Considering his success noted above, this is a great deal.    The Stock Market Prophet continues to provide excellent reasons why now is the time to invest your $97.  

Everything up to this point makes sense.   A minor investment considering what I was to gain.   As you read further, you now find examples of his success:

Quoted from the article from the tweet:

A New Member, we will call him John, started with $500 in his account and within 30 days he had turned it into $1,296! While that's not a crazy amount, if you do the math on it, John earned 159% profits on his initial investment in his first 30 days! On top of that he's in pure profit of $796! All this for a one time cost of 97 dollars?


Finally, my first trade.

Ok, now to my personal experience. The first stock pick I took rallied from the $0.65 a share on Thursday January 14th, to $0.85 a share on Friday. That is a $0.20 gain in one day but more importantly a 30% gain...which is not too shabby. Let's put that in perspective. If you invested $500 into that stock at $0.65 a share you would own 770 shares. If you took profits up 20% on the trade at $.78 a share, you would have been up $0.18 a share or $138.60.

Before you invest the $97.00 to great money making recommendations, it is important to re-read the last two paragraphs.   What is missing?  What I find lacking is details of the stocks bought and sold.   Without this information, we have no more assurance of success than throwing a dart at a board of listed stocks. 

As investors, what money we invest is hard earned and throwing it away on information we know little about is no different than investing in GRGR whose main focus was to get investors through hype and heavy promotion.   After 2 years of news releases promising great returns, the stock was finally brought down by the continuous reality the news never was realized. 

Now the SEC has stopped trading in this stock.   We as investors need to hold those who promote and companies who release promising news releases more accountable.   it is time to take your money back, invest in more promising penny stocks.   there are many who show great promise yet have no hype, low volume and low prices.   There truly is gold in penny stocks.  It is up to us to find it.  this is the journey I wish to begin with the hope of changing the penny stock market to one that offers investors success.   Join me in this revolution and success finding gold in them thar hills. 

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