Penny stock picks from penny stock alerts newsletter make 124% in less than one week, despite the cold stock market
Over the past month, while the stock market in general has been very challenging, penny stocks sent out by well known penny stock alerts newsletter, pennystockalerts.com, have been absolutely on fire.
Online, July 27, 2010 (Newswire.com) - The last two stocks chosen by the newsletter as hot penny stocks have performed extremely well. The first hot penny stock pick was a company called Minerco Resources, MINE. This was chosen because of the potential ability to make very fast gains. MINE was being promoted all over the internet, so penny stock alerts sent an email to their members letting them know. This was sent out June 27th as a stock to play for Monday the 28th. The newsletter said this was one to play as a quick in and out day trade. The very next day, MINE made a gain of 74% at the high of the day! It came down a little to close the day up 47%, still a huge gain for one single day.
The next stock chosen as one of their hot penny stock picks was a company called Deltron, Inc, DTRO. This seemed to be another good penny stock that had positive news releases and seemed to be possibly undervalued. This was sent out June 29th. The very next day, DTRO made gains of 50%! Once again the newsletter said this was not really a long term pick.
While trading penny stocks is not something that is usually suited to long-tem buy and hold investors, those of you who day trade or just overall do not hold stocks for long periods of time can make absolutely tremendous profits. Those who followed pennystockalerts.com's penny stock picks were able to make gains of almost 125% in just a few days. Most hedge funds, mutual funds, or large cap stocks take five years or longer to make profits of that magnitude.
By playing penny stocks, bold investors and traders are able to make those kinds of gains in a matter of days.
Pennystockalerts.com is a very good newsletter because they not only send out top quality stock picks, but they also do NOT charge any kind of membership fee or fees of any kind. It is a free service.