In a recent post, I mentioned what to look for when researching a penny stock newsletter.  Always read the disclaimers that conveniently hidden on shady penny stock fortunes web sites.  A reputable company will have their disclaimer boldly stated and very easy to find.  Trading in penny stocks is risky enough even with good information.  Pay heed to the disclaimers and you will be ahead of the pack and on your way to making  fortunes in the microcap stock market.

Here is the type of disclaimer that is good and suggests a reputable source:
” Disclaimer: Never invest money in microcap stocks that you can’t afford to lose.
You can lose all of your capital by trading any stock mentioned.
These stocks are very volatile and gain and lose value quickly.
We reserve the right to trade any stock mentioned freely.
We are not compensated by any mentioned companies.We recommend stocks based on our opinion of intrinsic value only.
We are not registered investment advisers, so always do you own research before buying any recommended stock.”

Not being compensated is a good indication.   The writers of this newsletter have no vested interest in the stock that that are suggesting has a potential to make a profitable move.  Their success at making penny stock fortunes is based on the success of their recommendations.  If everything they suggested went into the toilet, so would their business.

In my opinion, I would do more home work on finding a reputable penny stock newsletter than the research on the stock itself.  Why do I say this?  Because the research on the stock will be easy once a newsletter recommends it.  You can go to Bloomberrg, Yahoo Finance, and dozens of other sites that will tell you in full detail the financial condition on the company that you are looking to buy.

Make sure that when you subscribe to a newsletter that you go through a 3rd party billing such as Paypal or Clickbank because it’s easier to get a refund.  In fact, Clickbank requires full refund for up to 60 days.  All the risk is placed on the seller, not the buyer.  It’s like trying before you buy because it will not show up on your credit card until next month.

If you are looking to make penny stock fortunes, then one must reason that it makes sense to use a paid newsletter subscription service.    However, before you hit the search button on Google for “Penny Stock Newsletters” beware that most newsletters are not much more than a propaganda machine that are paid huge sums of money to promote certain stocks.  They make money on both ends!  There are suckers ready to part with their hard earned cash in hopes of making penny stock fortunes.  The truth of the matter is that only the newsletter publishers is making a fortune.

If you want to subscribe to a newsletter, make sure that the firm has no financial stake in the stocks that they are promoting.  The newsletter service that I currently use is Microcapmillionaires.com.  They never have been paid by any company to tout a stock.  If you do a Google search for Microcapmillionaires.com, you will find many positive reviews.  More than likely you will see opposing views.

If you want to see if a newsletter has been compensated for to promote a stock pick, simply check the disclaimer at the bottom of the email or website.  Here is a disclaimer that I found on a penny stock website.  “On occasion www.bestfreepennystocks.com receives compensation from a third party in relation to the Companies being profiled in its Newsletters sent to our subscribers. In such a case www.bestfreepennystocks.com directly mentions at the bottom of this disclaimer along with the exact form and amount of compensation. ” This is the type of newsletter that I would avoid like the plagque.  There is a reason why the information is free.  I have no problem paying for a service.  But what is troubling is when a commercial website masquerades as a free site to give you information.

A good penny stock newsletter will have a track record that they are not afraid to publish or share.  Additionally, some will even publish a Youtube video that you can watch and verify the results.  This would be extremely hard to fake since stock prices are public record.

There are fortunes to be made and lost in penny stocks.  You can avoid the losses by subscribing to a reputable newsletter and sticking with their entry and exit strategies.  If you stick with their plan, the winners will out do the losers.

If you are interested in making penny stock fortunes, click on the link below and visit Microcapmillionaire.

Click here to visit Microcapmillionaires.