Penny Stock Prophet Review

Published: 29th July 2011
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Here is how James formulated the Penny Stock Prophet Program

4 Key Variables

James Connelly has identified 4 essential variables which allow him to identify penny stocks on the verge of a breakout point with an ensuing rally. If you know anything about the penny stock market, you'll be aware that you only make money when shares are moving upwards in their breakout patterns.

The key to the program is in finding undervalued stocks which are about to break out of a trading level and rally. To this day, James Connelly has never exposed what these 4 variables are but he has a membership site known as Penny Stock Prophet where he alerts members to stocks that are ready to spike.

Does It Really Work?

To respond to that query objectively, I am going to take a look at the figures as opposed to commenting on what people have already stated about it. You can go to the site yourself to observe what sorts of percentage gains people have produced by buying the stock picks he advises.

James Connelly decide to put his approach to test and over a thirty day timeframe and he initially documented an average percentage increase of 28% over a series of eleven trades. These results were encouraging, but he knew he could increase these kinds of averages if he used the exact same method to penny stocks instead of the broad stock market.


Penny Stock Earnings Over thirty Days

As soon as James utilized his system to the micro-cap market, his averages went up substantially. You may see the substantiation for yourself on his website, but through 30 days James averaged 45% profits. Most impressively though, was that these profits were realized in just one to two days. This means these gains were made in 2 days or less on each and every trade over this thirty day interval.

1 Million Dollars From $1,000 Beginning Capital?

On the Penny Stock Prophet website, James Connelly illustrates how it's feasible to make $1 million dollars with an original stake of $1,000. In his calculations he has assumed a reduced average of a 20% profit per trade. While it's impossible to say exactly what amount you will make, it's encouraging that the average gains in his 30 day example were 45%, that is 25% points higher than the example used in his hypothetical $1,000 to $1,000,000 profit table. Don't assume these kinds of gains. They make a great sales pitch but hold your expectations in line with doing better than you could possibly ever do by yourself and that you ought to whip the market with reduced risk.


Stock Alerts and Direct Access to the Founder

Penny Stock Prophet is a members only program, which charges a one-time payment for a lifetime subscription to the Penny Stock site. There's a sixty day money back guarantee so becoming a member is a no-brainer in the event you are even a tad bit interested. James Connelly does not guarantee that every pick is going to be a definite money maker. What he does provide are the reasons he has chosen a given penny stock and the reason he considers it is due to breakout and rally.

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Source: http://jessmeyer.articlealley.com/penny-stock-prophet-review-2323580.html


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