Thursday, 10 March 2011

Does Penny Stock Prophet Work?

By Stuart Fischer


Are you asking the question , "does Penny Stock Foreseer work? To respond to that query we are having a quick look at this programme and what it delivers for its members.

What's Penny Stock Prophet?

It is a member's newsletter service made by a fellow called James Connelly who's had great success trading penny stocks. Previously a student he kicked off with limited startup capital and went on to make over 1 million pounds because of trading penny stocks successfully, so that the system has apparently worked for the owner but what of his clients? Let's go on to have a look at some more facts about Penny Stock Foreseer .

The Results

The right way to impartially look at whether a system works is to see what type of profits the classic member can expect because of following the penny stock trade alerts sent out by James in his newsletter. On the internet site he outlines how it is definitely possible to make as much as a million greenbacks beginning with $1000 within 30 8 trades. What I'd say here is that while this is possible it pays off to glance at the results achieved for members instead of theoretical probabilities. Keeping that in mind, here we glance at the measured results.

Cold Hard Facts About This Service

One testimonial states how she made 23% on one trade and 53% on another, which is inspiring. Down the right side there are a large amount of testimonials from four day net gains of $3,250 to gains of over 100 pc on others. James offers evidence of results achieved for his members in a thirty day period starting from a 9% gain to a 91% gain with forty five percent average returns in a period of twenty-four to forty eight hours, so this system is all about fast profits and keeping capital moving.

Based on average gain per trade in his thirty day evidence period, an investment of $1000 would yield a return of $450 profit before costs. Based totally on these results it's fair and reasonable to presume that this system would work for members that attempted out this system for no less than thirty days, though the average returns may vary from those demonstrated on the Penny Stock Prophesier site.




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