A Review of the Best Stocks For Pennies Picks Program Available Today - Penny Stock Prophet

May 10
08:14

2010

Toby Litrell

Toby Litrell

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This is a review of one such stocks for pennies specific program, Penny Stock Prophet.

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This is easily one of the best times to begin investing in our economy's history given that we're nearing the end of the recession and entering the recovery phase. Many stocks are at all time low prices and are ripe for the investing.


Many stocks can be purchased for just pennies per share,A Review of the Best Stocks For Pennies Picks Program Available Today - Penny Stock Prophet  Articles enabling you to make a huge profit when they recover. Given the profit potential of cheaper stocks, some analytical programs designed to find high probability trading opportunities by utilizing the same techniques used by the technology used by professional traders exclusively target cheap stocks.


Penny Stock Prophet, as the name might suggest, is a stock analysis program which focuses entirely on stocks for pennies. This is a major advantage because these cheaper stocks offer some of the best action to be found in the market. It doesn't take a great deal of market influence to send one of the stocks soaring in price in a short period of time. As such, it's quite often that you'll see these stocks for pennies double or triple in value in a short term.


Therefore if you can differentiate between the stocks which are set to go and jump from the rest which is will lose value or remain stagnant, you can make a great deal of money in the short term. Hence using a stock analysis program which only looks at stocks for pennies like Penny Stock Prophet.


How this stock analysis program works specifically to find profitable stocks for pennies picks is using the same practice used employed by the major trading houses. It compares real time market data to trends of the past or in other words it takes the full scope of the market into account every time it generates a pick.


This is effective because the market progresses in patterns which repeat themselves every several years, so by looking at where the market has been then if you can find overlaps between that and real time market data then you can find the origins of profitable trends to act on today.


For example, the first pick would generated for me by this program is worth $.18 a share. I bought 1000 shares, nothing too experimental considering this was the first take, and I logged out of my online trading account.


I checked back in the next day to find it had lept over the course of the day to $.38 a share, more than doubling its initial price. I began checking on it repetitively like a madman at it continued to climb with wide eyes. There's no better feeling than being something you're invested in climate value like the regularly. By the time I got out at $.57 a share, I more than tripled my initial investment. 


I'm not going to embellish at all saying that every pick which I received from the program generated these same results, but I've made money on 16 out of 18 stocks for pennies picks which it has generated for me.