Does Penny Stock Prophet Make Members Money?

In this article, I’m going to give you the results of a 5 month study that I did on the penny stock trade recommendations made by the Penny Stock Prophet beginning in April, 2011…  I’m going to share with you exactly what the Study found.

And, by the end of it you will have what you need to know to decide if you want to begin making money using the Penny Stock Prophet, or to forget about it if it’s not for you.

Here goes…

What Are The True Facts About The Penny Stock Prophet?

On the internet, you never know what you are going to find.

Penny stock information, especially information about the Penny Stock Prophet, is like that.

I can’t tell you how many times the information that I’ve been reading is wrong and is probably based on ignorance, hearsay, misunderstandings of the facts, innuendo, emotional response or possibly flat-out lies.

So many people say that Penny Stock Prophet is a “pump and dump operation,” a scam or a tremendously dangerous lie that a reasonable person who just wants to make a lot of money quickly begins to wonder what the true facts are.

I decided to do something about it.  I wanted to find out the truth.

So, I set up a study of the Penny Stock Prophet’s recommendations to prove, once and for all, to myself and to anyone interested, whether the Penny Stock Prophet is actually able to help its members make money… A lot of money.

That’s what this article is all about. I’m going to share the results of my study below…

Penny Stock Prophet Recommendations Study Setup

I actually became a member of Penny Stock Prophet which gave me access to all of Mr. Connelly’s recommendations.  Other than a short, free trial subscription to the Penny Stock Prophet alert service, it is the only way you can get his recommendations.

He sends his recommendations by e-mail to members only.  His e-mails include full justification, including explanations if appropriate, for each of his selections.

Because of that, I have been able to study the results of his stock recommendations over a significant period of time to determine whether most members of James Connelly’s Penny Stock Prophet should be able to make money by following his recommendations.

When I reviewed the recommendations that I had on file, I found that I actually had 19 of the Penny Stock Prophet’s stock picks.  The first recommendation in my mailbox was on April 11, 2011 and the last one that I used was from September 19, 2011; a period of over 5 months.  I did lose 4 or 5 recommendations between April 22 and June 6… I honestly don’t know what happened to them.  But, I had enough trades to do a good study so I didn’t try to find out what they were.

The Study was set up to evaluate each recommendation’s open, high, low and close prices every day for 3 days from and including the date the Penny Stock Prophet said to buy.  Since it matters statistically, all references to “positive territory” or something similar in the Study’s findings mean “above zero.”

Penny Stock Prophet Recommendations Study’s Findings

In case you are a newbie to the penny stock trading “realm,” I’d like to share a quick explanation about how penny stock prices move.  In a nutshell, penny stocks move fast.  Most of their move will normally come on the 1st day after they are recommended.

Study Results – Day 1

According to the information contained in my study, 16 of the 19 stocks or 82.4% of the Penny Stock Prophet’s stock picks were definitely in positive territory at the highs for the day.  The profit margins at the high ranged from 1.4% through 63.6%, with the average being around 20%. Here’s what the study showed:

Investment:                $500               $1,000

Lower 1.4%                $7.00               $14.00

Average 20.2%           $101.00           $202.00

Highest 63.6%            $318.00           $636.00

Study Results – Day 2

According to the Study, a total of 12 or 63.1% of the 19 recommendations had highs that were still up with respect to their Day 1 opening price. Here are the study results for Day 2:

Investment:                $500               $1,000

Lower 1.5%                $7.50               $14.00

Average 22.6%           $113.00           $226.00

Highest 73.3%            $366.50           $733.00

Study Results – Day 3

On day three, 10 or 52.6% of the 19 recommendations had highs that were in still in positive territory with respect to their Day 1 opening prices.

Investment:                $500              $1,000

Lower 1.6%                $8.00               $16.00

Average 13.2%           $66.00             $132.00

Highest 38.2%            $191.00           $382.00

Conclusions About The Penny Stock Prophet Alert Service

I think that the Study definitely shows that the Penny Stock Prophet makes members money. You can get more information by clicking on the link below:

<Click Here To Get More Information>

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