Penny stock promoters do exactly that: promote penny stocks. These promoters claim there will be 100%-1000% Gains! They send out daily emails after email explaining why symbol XXX is gonna go up 1000%. They’ll even send of faxes, make phone calls, etc.
Don’t fall for any of these stock promoters gimmicks as many of them are outright scams. The penny stocks that these sites promote and hype are your common Pumps & Dumps. If you’ve read my FREE eBook you know that I make my money shorting hype and manipulation in penny stocks that are caused by pumps and dumps. So while you shouldn’t trade a penny stock right off the bat that is mentioned by these promoter’s emails, etc there is money to be made after the pump and hype fizzles off.
I’m providing these links to make you aware if a certain penny stock you’re watching/trading is in fact a pump and dump.
Here is a list of the top penny stock promoters doing their “thing” right now…
If you know of other promoters promoting the hell out of penny stocks right now…right them in the comments section and I’ll put them in.
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Another one is LiquidTycoon.com
Whenever I get an email that promotes a particular penny stock I always look through the legal disclaimer to see how much they have been paid to promote the penny stock.
There are many websites accessible on net which mark stocks and do all the investigative work for you and offer penny stock alerts. They find out profitable stocks by comparing real time market data to the past market data. Here you should reflect on and then purchase the penny stocks that are correct for you.
Great list of top site. The term “penny stocks” also called micro cap or small cap stock is usually used for the stocks priced at under a dollar a share.