Penny Stock Tips

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Tired of being told what stocks to buy and fed up with the results? Want to make real money and take charge of your investments? Well, if you’re like me you’ve gone down that road far too many times.

Believe me when I say, those full service and discount service brokerage firms are all the same. To them, it’s just a commission.

Well, I’ve since taken charge of my investing and concentrate only on penny stocks. That’s right, only penny stocks. It’s now my core focus of investing, and if you want serious returns and want insight into hot penny stock tips, then read on.

My focus changed when a friend of mine told me about MicroCapMillionaires.com and their fantastic service. Because I had been burn so many times in the past, I was admittedly skeptical. This time I wanted to make sure this was the right decision.

I investigated their history, reviewed their website, their services and most importantly their approach. These guys specialize on penny stocks. It’s their only focus.

They had a bunch of videos and examples of past trades and fantastic insight into what it takes to really achieve results. They also have a no hassles money back guarantee. I then looked at the cost of the service. It was only $49.00 a month!

Do you have any idea how much more I spent month after month, year after year, on sales commissions buying those supposedly “safe” blue chip stocks?

Before I got involved with penny stocks, I wasted a lot of good money on those aforementioned, super safe blue chip stocks. For years I listened to so called “experts” tell me that I should only buy stocks in companies whose quarterly dividends per share increased 20% consistently quarter over quarter.

People told me to look for this growth over four quarters before making a purchase. They would constantly remind me about the PE (price/earnings) ratio and what to watch for.

The mindset was to buy the best blue chip stock companies and most proven performers. Here’s the problem. Companies that get to that point are few and far between. Their stock price is so high the returns never justify the purchase.

Prior to investing in penny stocks, I would buy common shares in some big company. Hey, at least I got one voting share for the $50.00 stock price! What does it matter to have voting rights anyways? I wanted real money. I’d be lucky if I got 5% to 8% return on my investments. In fact, looking back, I probably could have gotten a lot better return by putting all my money in some mutual fund. It certainly would have been a lot less stressful and simpler.

When everyone was touting the benefits of blue chip stocks like Google and others, the bottom suddenly fell out and every so called “safe” stock plummeted.

I’m sure I don’t need to remind you of super safe investments like Enron! Here’s the problem with investing in blue chip stocks. No matter how much you invest, you’re always behind the eight ball in terms of generating returns.

After reviewing Micro Cap Millionaires and going through their penny stock tips, I decided to give it a try. What I liked most about the site was that they provide exact entry and exit prices. Over time, I got better and better.

Of course I did have a couple of losing trades, but they were the exception to the rule. The best part of it all was that I could make an immediate return on investment without having to wait years for it happen. One such penny stock gave me an 80% return over night!

To give this all some perspective, consider the difference between when I was buying those blue chip stocks and what I’ve accomplished with penny stock investing.

Typically, I’d buy that $50.00 stock and invest $2000 and get a whopping 40 shares. That stock would then bounce up and down forever and no increase would amount to any real return on my investment.

Compare this to my penny stock purchases. That same $2000 on a $0.20 penny stock gave me 10000 shares. Even if that penny stock went to $0.30, it was a 50% return. My blue chip stock would have to go to $75.00 to achieve the same percentage and it never happened.

Which one would you prefer?

To find out more about this great service, click here.