Penny Stock Prophet Review

In my never ending quest for stock market investing information about how to make money with stocks, I came across a new program called the Penny Stock Prophet by James Connelly. The program is open to the first 500 that apply and it looks like they are filling up. From the looks of it, his students have had success with it. The gist of it is that Connelly was a broke MIT student who found success with buying penny stocks. I have to say that his results and those of his students are impressive. He has provided several testimonials about his program including documentation about many of his trades.

I think if you have been a reader of mine, I've been implementing the CANSLIM strategy, you should know that I am rather skeptical and not easily impressed even with these types of programs that are even thoroughly documented. It is proven that if you apply yourself to the study of stock market investing, you can absolutely make money in stocks today. That said, I have never been a big fan of these supposed "top secret strategies" that promise untold wealth. That's why you should take what is said with these type of online programs with a certain degree of skepticism. I suggest you take the time to watch the videos of some of his students by checking out the videos here at --> Penny Stock Prophet Reviews and make your own determination.

While you are going to have most of your success investing in the stock market finding stocks priced over $15 to $30 with strong institutional support it doesn't mean that you can't make money with other strategies and many deserve investigating. A lot of people are interested in the best penny stocks to buy and you are definitely going to need some sort of approach. The program on his website sells for $97 and if I think about how much money I spend learning about CANSLIM it has added up. About 6 books, several years of subscriptions to Investors.com as well as some of it to the daily graphs service. What I've spent would total a lot more than that. After all, finding hot penny stocks will require some sort of system to uncover them.

Here's my take. If you are interested in penny stock investing and are looking for a way to broaden your stock market education and you want to play around with it, then I'd definitely sign up for his service. If you are not sure what direction you want to take as far as investing, then I'd probably hold off on getting in. Since it's a speculative type of investment, I would include it with other strategies like options, foreign stocks and contain the total amount of your portfolio that you devote to these types of investments to less than 10 percent of your total investments.

If I were going to buy penny stock, this is probably the program I'd choose. You can find out more about the program here: Penny Stock Prophet.