Archive for the ‘Uncategorized’ Category

Looking for a clue as to whether Microcap Millionaires is a good newsletter for picking hot penny stocks? I will give you a brief and honest assessment.

Pros:
MM (Matt?) is not a paid pumper guy. He only picks penny/micro cap stocks that look good based on the fundamentals or technicals. Sounds fancy but basically he usually picks stocks based on momentum or stocks that are oversold and due for a bounce. He is also very good at replying to emails/customer service. His material is very easy for someone who has never traded before to understand and implement. Someone from Mars could read his emails and at least have a basic understanding on how to get started as a penny stock trader.

Cons:
If you are looking for a free service, this one isn’t. But then again, if something is valuable, it’s worth paying for. The only bad thing I really see is that there is no option to pay other than the monthly option. I would like to see an option to get a discount by paying yearly. Also, the sales page is a bit blah. Be sure to subscribe to the free email list to get a better feel for MM before you make a decision about joining or not.

To summarize my thoughts, Microcap Millionaires is worth the monthly fee ($49) and will help you avoid the dangers of only following penny stock promoters who have conflicts of interest….since they are all paid to tout the stocks they feature in their newsletters. Just read my rant here about another service that is hurting newbie penny stock traders for more insight on paid pumpers. If you don’t like MM you can always cancel just by sending them an email, and like I said they are pretty good about email response. To be up front, you could join while they are on a cold streak and get some losing picks. Or they could be on fire while you join. It’s a risk you take anytime you buy a penny stock, but all in all it’s worth it if you have some desire to make a lot of money trading penny stocks.

Let’s look at a few recent stock picks of Microcap Millionaires, starting with ATRN:

And another, DHT which actually pays a dividend…pretty sweet for a stinking penny stock if you asked me:

And 1 last pick to show you, THQI which is still in the process of playing out, though it’s up a tad so far from the initial alert:

So………..

You can see from those 3 penny stock picks above that Microcapmillionaires.com offers picks that have the potential to move up 1000% and they also offer picks that trade on the big boards that you can play for 25% to 50% gains…which is nice if you like to trade with large amounts of money….and the sub penny stock picks are nice if you only have a few hundred bucks to trade with. You can double or triple your trading account if you play a sub penny stock pick that works out.

NOTE: I am not in ANY WAY shape or form trying to tell you that all of MM’s picks work out. Some of them will be losers…so don’t go throwing the wad of money under your mattress that you are saving for Armageddon into just one pick. Be smarter than that and divide your trading capital into portions. That way you can live to trade another day if a pick ends up being a loser.

Edit: I decided to post a little screenshot of the profit I made off of ATRN…it could have been more but it was still nice:

Bottom line is that if you want to try your hand at penny stock trading you stand a chance of doing well as a subscriber to MM. Also note that I am an affiliate of MM, I wrote this review as unbiased as I possibly can, but I want you to know that. That’s all I got for ya!

–> Click Here To See The Microcap Millionaires Sales Page