I decided to confirm or debunk the Penny Stock Prophet scam rumors first hand after I learned of their eight week money back guarantee, so here's my take on this program.
Penny Stock Prophet is a stock list which is geared towards casual investors without the time to put into the time-consuming aspect of analytics work themselves. The program sends you detailed stock picks in terms of what to invest in and what to expect from those individual stocks via your e-mail. This enables you to trade accordingly in your free time, but it's difficult to find a legitimate review it without someone raising a Penny Stock Prophet scam flag or trying to sell you it or something else.
The program works I discovered by relying on four major trading strategies or traits which all successful stocks which appreciate in the short term have in common. By identifying these traits in a stock, the program is then able to anticipate how undervalued that stock is and put together a quick short-term timetable of what you the investor can expect so that it can use all this information and notify you accordingly so that you can make the corresponding trading moves.
A major distinction between Penny Stock Prophet and other programs is that it only anticipates behavior of cheaper stocks. This makes its stock picks that much more profitable but also it doesn't spread itself too thin between cheap stock and more established in price stocks which was my complaint with most of the stock programs I've tried in the past because it's a completely different analytical process anticipating behavior of cheap stocks versus a greater priced one.
The very first pick which I received appreciated at a rate of 220% going from $.15-$.48 in less than 48 hours. This is the kind of example which you can expect to receive from this program when you try it as penny stocks require much less trading influence to send them skyrocketing or plummeting. At the time of this article I've made money on 20 of 22 picks which it sent my way and it's recommended that you continue to reinvest profits which you make in subsequent picks and there is even a diagram on the main website page which shows the power of consecutive trading using the program so that you can realistically turn an investment of $1000 into seven figures over the course of 38 averagely performing trades.
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