Whats the difference between PennyGold and penny stock newsletters and other recommendation services?
Look up “penny stock” as a key word on any search engine. You will find many Web sites touting penny stocks — they may be called “recommendation newsletters” or “hot stock services” or “penny stock tip sites” but they’re all the same. They make money by providing their stock ideas to those who don’t want to do their own research. None of them work. Think about it for a second and you’ll realize why they can’t. Recommendations are passive … you just wait for the tips to come to you, when the author is ready to release them. They always come too late … long after the insiders have loaded up on the stock. Insiders promote the stock (I call this “the story”) because they look for someone to sell to … at a profit. Many newsletters are just part of “the story.” Worse, newsletter writers often have a big position in the stock BEFORE they recommend it. So they tout the stock, and make money when it goes up just because of their newsletter. But YOU don’t make money because thousands of y
