I've always been wary of anything you read on a sales page as well as reviews, so after hearing about their 8 week money back guarantee I decided to test it first hand so here's my review of the undervalued penny stocks picker, Penny Stock Prophet.
Penny Stock Prophet has the distinction of being one of the only stock programs to target undervalued penny stocks exclusively. This means it doesn't look for trading opportunities in greater valued stocks but focuses on higher volatility laced investments.
How Penny Stock Prophet works to deliver profitable undervalued penny stocks is the same method used by the large trading houses. It takes the entire past scope of the market into account and looks at the origins of trends in the past and applies that information to current real time market data. By finding overlaps between the beginnings of profitable trends from the past to real time contemporary market data, you can put together a precise depiction of how the stock market will perform.
As I mentioned, it exclusively targets undervalued penny stocks. This is a solid advantage of this program because cheaper stocks offer some of the most volatile and potentially profitable trading opportunities which you can find in the stock market.
Penny stocks take a great deal of less influence to affect their prices because they are much cheaper to begin with, so it's common to see undervalued penny stocks double or triple in value in a short term. Using an analytical program to differentiate between which stocks are set to jump in price and which are set to fall, you can trade accordingly and make a great deal of money in a short term.
For example, the first stock pick which I received from Penny Stock Prophet was valued at $.18 at the time of the generation. I bought 1000 shares of that stock for around $180 and logged out of my online trading account. I checked back on that stock a few hours later to find that it had already jumped and exceeded my expectations by reaching $.38 a share, more than doubling its initial amount.
From this point on I began compulsively checking on it on the hour as it continued to climb, finally leveling off at $.57 a share momentarily. At this point I was more than satisfied and decided it would be best to cut and run so I got out.
I don't want to give you the impression that every pick has behaved in such a way and tripled in value, but I've made money on 18/20 of the picks which it generated for me.
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