penny otc stock newlsetters?

Discussion in 'Educational Resources' started by laeott, Jun 23, 2011.

  1. laeott


    Anybody know of any penny or subpenny stock newletters? I've done well with killerpennystocks, however I haven't liked their picks recently. I especially like sub penny stocks and are easy to make money on.
  2. Occam


    Something approaching 100% of all the "penny stock newsletters" I've ever seen are purely promotional material for the stock, bought and paid for by the controlling shareholder as part of what's known as a "pump and dump" scheme. (I have a particular fondness for the ones that open by talking about how "skeptical" the author is :D, followed by the inevitable conclusion that you should buy some garbage penny stock for something like $.01, which of course promtly falls to $.0001 after the principals have dumped as many shares as they can shift on whoever believed the "newsletter".)