Posts Tagged ‘Skeptic’
PRE PROMOTION STOCKS Review – Scam or Legit?
I’m sure you have heard of the Pre Promotion Stocks newsletter by now so i’ll give a quick overview of their unique value proposition and then we’ll talk about whether this trading strategy is a legitimate service or just another online hoax.
The concept of Pre Promotion Stocks is really, really simple. They send an email that tells you about penny stocks that are very likely candidates for near future stock promotions. For the penny stocks that do get promoted, Richard Appel’s subscribers have the opportunity to buy before the paid newsletters start pumping the stock.
In other words, his subscribers buy the stock in the “Pre Promotion” phase (before the stock promotion starts) and then sell it during the “Pump” (when paid newsletters start their campaign).
It’s a very sound trading strategy… but does it work?
On the http://www.PrePromotionStocks.com website Richard Appel documents 5 trades that gained an average of 114.6% per trade:
ETEV gained 24% over one weekend in late 2009; ARTS bought on January 4th, 2010 for a 157% gain; GRPR bought on April 15, 2010 for a 57% gain; ZLUS bought on May 7, 2010 for a 31% gain; and BLGW bought on January 27th, 2010 for a 170% gain.
(Like I said earlier, these 5 trades were documented in a video on Richard Appel’s site).
But i’m a skeptic, and I wanted to go beyond these 5 trades so I invested $124 into a lifetime subscription of Pre Promotion Stocks (didn’t have anything to risk, they have an iron-clad, no questions asked 100% money back guarantee).
During the past 7 weeks from July 10th – August 30th Richard Appel alerted the following “Pre Promotion Gems” (his highest level of confidence):
SILA was alerted on July 12th at $0.77 and hit a high of $1.21 for a potential 57% gain; CRPZ was alerted on July 22nd at $0.28 and hit a low of $0.15 for a potential loss of 47%; HELI was alerted on August 16th at $0.062 and hit a high of $0.113 for a potential 82% gain; KHGT was alerted on August 23rd at $0.20 and hit a high of $0.40 for a potential 100% gain (then it collapsed back down to $0.20 for a break-even trade); MYNG was alerted on August 27th at $0.19 and it’s unchanged since then.
Out of these 5 “Pre Promotion Gems” I received over the course of 7 weeks, 3 were big winners, 1 was a big loser and 1 was unchanged.
Hypothetically, if I started this 7 week stretch with $5,000 and re-invested all proceeds it would have turned into $15,144.22 (keep in mind this does not account for trading commissions).
And to give Richard Appel a bit more credit, all 5 “Pre Promotion Gems” went on to be promoted by numerous stock newsletters. Apparently he does know how to find upcoming stock promotions after all.
So there’s my take on Richard Appel’s “Pre Promotion Stocks”. It’s not a flawless trading strategy but it’s far superior to James Connelly’s Penny Stock Prophet. I did make a hypothetical profit and I always felt like his intentions were in the right place (he doesn’t get compensated for picks, he doesn’t use hype and he tries to explain all his rationale in great detail).
Hope this helps anyone out there thinking about investing in Richard Appel’s www.PrePromotionStocks.com trading system.
- About the Author: Jenn Rayne was employed with the Boeing Company as an electrical engineer before getting laid off in 2009. Since then she has done consulting work as a freelance writer and has taken a keen interest in learning the finer details of stock trading using technical analysis. Article Source
Ultimate Swing Trader – Is it worth it – less than 24 hours to decide!
Ultimate Swing Trader Saturday morning update:
They’re taking the Ultimate Swing Trader OFF the market at 5:00pm EST tomorrow and there are only 7 seats left in the exclusive 4-week FX Live training!!
There is nothing wrong with being a skeptic and there is also nothing wrong with being convinced something is actually as good as it sounds. Watch this short video and see the UST system produce REAL results.
==> Visit Official Ultimate Swing Trader Website
In the video you hear directly from a UST coach. He’s just one in the team of expert traders you’ll interact with when you sign-up and secure your spot in the FX Live training.
Not to mention if you grab the system now you’re still eligible for killer bonuses. You’ll receive the Ultimate Day Trade System at no extra cost, and have everything shipped to you for free!
I can’t say there will still be spots left in the FX Live training by the time you read this. I know they almost hit their quota the first day it became available. With a jam packed curriculum it’s no surprise. The classes will cover the entire UST strategy PLUS everything you need to become that forex genius trader, all in a matter of weeks!
Sign-up today:
==> Visit Official Ultimate Swing Trader Website
I personally think they’re underselling this package – but hey it’s a great deal for you so I’m not going to say anything. ; ) Although, I have a feeling the next time they release the UST and FX Live training it will come with a higher price tag.
You don’t have much time. I’m sure the FX Live classes will fill-up before they shut down TOMORROW at 5:00pm EST!
Don’t procrastinate, order now ![]()
==> Visit Official Ultimate Swing Trader Website
Article Source:http://www.articlesbase.com/day-trading-articles/ultimate-swing-trader-is-it-worth-it-less-than-24-hours-to-decide-1771076.html
