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Global Penny Stocks

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Rating: 4.5/5. From 15 votes.
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Rating: 3.7/5. From 11 votes.
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Dan Weaver
Guest
Dan Weaver
January 10, 2011 9:12 pm

Global Penny Stocks at http://www.pennystock.com/ has been online since 1996, and picks stocks trading at under $5.00 that are listed on the NYSE, NASDAQ, and AMEX. No pump and dump of crappy stocks here.

He releases 2 new picks on the 5th and 20th of each month, for a subscription fee of $89 for 2 years. In the free intro section he discusses his methodology, and his track record from 1997 to present.

It is a fairly bare bones newsletter that you check online versus having e-mailed to you. He forecasts the sell or close price out at 24 months from release, and in his track record that is the date (2 years) he uses to evaluate the success or failure of his picks. He does close some picks (both sucess and failure) early and advises on these on his release on the 5th and 20th.

I have been a subscriber for only one month. He seems ethical and is honest on his failures as well as successes, and the price is right at $89 for 2 years. However there is no hand holding or regular contact- somewhat a bare bones operation.

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gggb
Member
gggb
December 13, 2014 11:59 pm

Just in case recent subscribers view this, I thought it appropriate to point out the author of this newsletter was sued by SEC for not fully disclosing that he received significant “fees” to push a penny stock (google George Schleiben). Also, I looked at the website and checked the reviews listed. Everyone one of them is old, from 1990s to 2005. It would seem a newsletter that claims “70% OF OUR CLOSED POSITIONS ARE FOR GAINS OF 50% OR GREATER”, would have more recent super-positive reviews. Sounds like a scam to me.

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Chris
Chris
February 25, 2018 12:18 am

Any further update on this one, was considering it.

Adam
Member
Adam
November 10, 2020 12:41 pm

Seems this newsletter no longer exists. No performance chart for 2020 and when you click on ‘subscribe’ – a message states no longer accepting new subscribers. ::shrug::

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