The Thrills Of The Penny Stock Newsletter

By Jeannie Chapman


You may spend hours at the computer, using social networks and playing solitaire. If you'd like a more exciting way to use the internet, consider a free subscription to a penny stock newsletter. There are many sites to choose from, all claiming vast expertise in the trading of small stocks.

A thrill a minute is apparently pretty close to the way the small and micro cap market works. Get in and out at the precise moment when profits are at the peak and you can realize your wildest dreams of financial success. Of course, the risks are as big as the possibilities, since these stocks are extremely volatile.

Trading small stocks is real finance, of course, but you could try it just for the entertainment value. Say you decide to invest the same amount that your spend on your internet service. The possibility of turning that paltry amount into real money by getting a triple-digit return should take your breath away. The testimonials on the sites are from people who have been able to quit their jobs and work from home, having a thrill a minute.

There's a wide choice of tip sheets online. You'll see photos of stockbrokers who look like they have a Wall Street meeting right after they post the next break out stock tip, and less peaceful ones with beautiful ladies beckoning you into the giddy whirl of fast action and fabulous profits. Naturally, they both promise to respect your privacy.

The experts say learning a new language is good for your brain, and trading has its own vocabulary. Before you take the plunge with your lunch money, you might want to know what a micro cap is, for instance. Look at trading small stocks as an educational experience, hopefully a lot cheaper than a college education.

It's hard to see how this kind of investing can be anything but fun, if the newsletters are to be believed. They speak of the explosive opportunities to make spectacular gains, and of the thrill of getting in and out at just the right time to maximize returns. Even the very real risk factor pales in the face of all the great advice that will be coming your way, and anyway, we're talking pennies here, right?

The hype is hypnotic, like all good hype is. Phrases like 'Sign up today and don't miss out on this offer' or 'Free subscriptions are limited, so sign up today' sound a bit like used car sales patter. You can check review sites that claim to be totally impartial and able to tell good advice from bad. But maybe you just want to go with your gut and choose one that makes your heart rate rise.

Reading a penny stock newsletter probably will get you farther than reading Publisher's Clearinghouse letters. What do you have to lose, assuming you have self-control and a separate account for what really may be Mad Money? If you have the time and energy to watch the market and read the picks that the research teams have chosen for you, maybe you should go for it.




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