Microcap Millionaires

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A. Wiseman
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A. Wiseman
February 10, 2009 1:42 pm
PENNY STOCK FORTUNES, Agora Financial Like many of us, I try to learn from my mistakes, and this was one of ’em… Subscribed for a year, and granted, while it may have been one of the “worst” years for the stock market, someone claiming to be a “financial or investment advisor” should be able to produce regardless of the situation… that’s what it means to be a “professional”. All one need do is review their current open positions to see that they failed miserably at their job. As of the December, 2008 issue, twelve losers for 2008 and nine losers… Read more »
Darrell
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Darrell
February 12, 2009 11:47 pm

It was a educational tool for me and I made no money from their reccomends or the multiplyer.

Dave
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Dave
February 14, 2009 9:59 am

Don’t get me stated. PENNY STOCK NEWSLETTERS Stay away unless you have a need to feel generous to the market and donate your money so you can have a tax rewrite off. That’s all you get with these letters is tax write off so give to a worthy charity instead.

jeffreyl
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jeffreyl
February 23, 2009 4:13 pm

well it was a couple of years ago,they had some hits and misses,nnothing great. You just have to be really lucky and plop a pile of cash on a winner and not pick any of there losers.We can all do that on our own now couldn`t we? Or in my case,didn`t we? Good luck traders

MarkC
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MarkC
March 1, 2009 1:16 pm

I recently subscribed to PSF,am new to investing and saw an opportunity for someone else to make my picks for me.I am very disappointed at the prior picks they included in my packet.Someone that calls themselves an “advisor” should get it right in a bull or bear market.I have been paper-trading so far and am not impressed.I guess you learn from your mistakes.

Oliver Vandagriff
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March 21, 2009 10:20 am
Penny Stock Fortunes, Agora Financial I have subscribed to this newsletter for six months ($79/yr). Once they got my email, I am being blasted daily by four or more emails: penny stocks, Agora Financial, Whiskey & Gunpowder, and The Daily Reckoning. Of course they guarantee to refund the money if you don’t make money. After several of their picks failed I stopped investing in their penny stock picks. On page 8 of the March 09 newsletter they printed a list of 30 picks: Only 3 were in the plus % column. The rest (27) were all negative percentages and all… Read more »
MM
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MM
March 22, 2009 11:22 am
Rip off… they reco a whole lot of losers.. Name Symbol Entry Date Entry Price Current Price Return Percent Description Javelin Pharmaceuticals JAV 02/20/2009 1.20 1.10 -8.33 Buy up to $1.75 LoopNet Inc. LOOP 02/20/2009 6.35 5.77 -9.13 Buy up to $7.10 Dollar Financial Group DLLR 01/13/2009 8.81 7.50 -14.87 Buy up to $11.00 CarMax, Inc. KMX 01/13/2009 7.36 10.16 38.00 Sell your shares. Terex Corp TEX 12/16/2008 17.47 9.96 -43.00 Sold in 2/12/2009 Alert. Dick’s Sporting Goods DKS 12/16/2008 13.69 13.71 0.15 Buy up to $16.00 Coventry Health Care CVH 12/16/2008 12.78 10.99 -14.01 Buy up to $14.00 Soapstone… Read more »
NYCguy
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NYCguy
March 22, 2009 5:46 pm

Just dropped my subscription after 1 year. At $29/yr it’s still too expensive. Their track record speaks for itself, about 90% losers. I basically read the thing but only bought a couple of their picks, both of which I was quickly taken out of with a stop-loss. I really don’t understand why this newsletter is still in business?

mikep3333
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mikep3333
March 25, 2009 1:54 pm

Maybe I just lucked out with my timing, I just started my membership at the end of Feb 09, and invested in a couple of their rec’s. I bought JAV @ 1.18 and CDE a week or so later @ .67. Neither of these picks have let me retire, but they are both up over 20%. I’m just glad that I didn’t start subscribing a year ago, my opinion would definatly be different.

Mark
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Mark
March 25, 2009 2:37 pm

How many 80% to 90% losers can you have before you stop publishing a newsletter. Cost me a lot of money. Don’t touch it.

Jennie
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Jennie
May 23, 2009 3:05 pm

Oh my! I eventually dropped PSF like a hot potato earlier this year, after just about every recommendation of theirs (that I bought) was a big time loser. Interesting to see that most of the rest of you are in the same boat. For some reason I’m still receiving their recommendations, but am staying far away! I also have a bone to pick regarding their marketing. They market based on absolute best case scenario and, well, I confess, I got greedy and lost!

olan2
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olan2
May 25, 2009 8:38 pm
I suscribed almost a year ago. I agree with other readers that their batting average is dismal, not only in absolute terms, but compared to other low-cost stock newsletters, like The Bowser Report and the Cheap Investor. Also, PSF was withdrawing recomendations from stocks only a couple of months from been recommended. This raises doubts in the quality and depth of their research. And what annoys me the most is that almost all their new recommendations in the last months are of stocks with entry prices up to $15.00 and more. If they can’t find good stock selections in their… Read more »
cslaw
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cslaw
May 26, 2009 9:50 am

Penny Stocks? None… Fortunes? Nope…

I don’t get it, apparently neither do they.

wildheron
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wildheron
June 8, 2009 11:23 pm
subscribed in sept. 08 read everything, did some research, on 12-1-2009 bought cde @.58–jus did a reverse splt 10-1, price today was 13.93 so i’m up pretty good. also bout gmo same day @ 1.02, closed today @ 2.79. not real impressed with other picks. very disappointed that so many of their picks are well above $5.00 share. don’t plan on renewing. i think i got lucky on the timing. also, they are slow answering e-mails, and somtimes go home early-supposed to have customer service 9-5, called @ 3:15 no answer- went to answering machine. called today and hey admitted… Read more »
Jake
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Jake
July 10, 2009 11:56 am

This one gets a 5 star for consistency – consistently bad. Horrible, horrible picks with no regard for valuation. I should have shorted the stocks they recommended. That would have been a great money maker. What a loser of a newsletter. DO NOT BUY.

JHEII
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JHEII
July 14, 2009 1:47 pm

Penny Stocks it is not. I was looking for something in the line of stocks less than $5.00 all the time. Of course I also have seen their 90 per cent losing portfolio. But one of my biggest gripes is the incessant marketing by Agora Publishing. I am dropping everything I get from them and trying to get them to stop all the marketing to me.

Lalit Lakhani
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Lalit Lakhani
January 8, 2010 2:03 am
These guys at Agora, all of them are what I call SCAM ARTISTS. They have also managed to suck in a lot of foreign retail investors like me. I am a 27 year old investor dealing in most global markets for the last 5 years and I have been pretty successful.I have subscribed to Penny Stock Fortunes and Bulletin Board Elite and it is a good thing that I stopped buying their recommendations after I suffered a loss from their first 2-3 recommendations. Bulletin Board Elite advertises a 30day retirement plan which claims that one can become a multi-millionaire (they… Read more »
chas
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chas
January 8, 2010 8:24 pm

Subscribed about 8mos ago. Made much more money on the competitors of the stocks PSF picked than the ones they recommended. Their forum has some good ideas from other slobs like me, but one has to endure the Agora onslaught of unwanted e-mails and “pump and dump” come-ons if one has anything to do with anything from them. They also seem to recommend stocks after they have made initial run-ups. Further, they rarely pick stocks valued at less than $5 per share. This was a learning experience.

Penny stock subscriber
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Penny stock subscriber
January 16, 2010 10:25 pm

Stay out of this newsletter. They have recommended companies
such as GDVE which was actually a fraud company and eventually
shut down. I think this newsletter gets money from penny
stock companies to pump up their stock so that insiders
and dump their stock.

suarna
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suarna
April 25, 2010 10:30 am

Interesting notes above. All lost money in a financial meltdown. AWRW bought at .58 now at $1.31. Not a horrible return. They haven’t all gone this way but why blame them? If you buy into the hype perhaps the mirror is the better place to voice your frustrations.

EmEm
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EmEm
September 18, 2010 9:08 pm

Did think abt subscribing today but googled it and here I am.
When something sounds too good to be true, beware! If it’s that easy, they won’t be soliciting for subscribers; they’d be sipping beverages on some faraway beach. Why bother working when they shd hv made their millions following their own analyses?

Lynn Mills
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Lynn Mills
September 19, 2010 7:06 am

After listening to an ad I signed up yesterday. Thirty-nine
dollars later I am told to click here for password to enter
website to download all my FREE reports and benefits. A big
RED THREAT screen appeared at the site I was going to had
been identified as a site that would install software to
steal personal information from your computer. I chose to
leave the site and leave my money on the table. I only
hope I was not too late.
Lynn 09/19/2010

Larone
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Larone
October 2, 2010 3:20 pm

I started getting my newsletter in Nov.2009. I hit good on some of their picks,missed on others. Do your research before putting any money in their picks.

coolcarla
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coolcarla
November 4, 2010 8:20 pm

November 2, 2010

I received an e-mail offer to sign up for this PSF newsletter but thought I’d google for any complaints first and found this site. Thank you all for taking the time to post your comments. I will not subscribe now. You’ve saved me money and headaches. Many thanks.

Davey
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Davey
November 10, 2010 6:00 pm

Always suspicious of the free newsletters,especially when they admit they are paid $20k or more and get shares more to tout the stock.
So looked at pay sites thinking maybe they are better…and thanks to all you who posted and sorry for your losses.

You’ve saved myself and others misery and money…that
s good karma due to you.

shelley
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shelley
November 15, 2010 12:31 pm
I first want to thank everyone for there honesty, there website came thur League of Power that I’m a member of and after listening to Greg talk so highly of penny stocks I decided to take the plunge, I am a total newbie when it comes to trading and he basically says its as easy as 1,2,3…and then he recommends online Brokers which was good for me since I have no clue about Brokers…Well its not as easy as what he says and the customer team can’t help with alot of things and Greg’s unavailable and everyone is right the… Read more »
pat
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December 6, 2010 1:26 pm
i was looking at possibly purchasing this newsletter then paper trade it for a few mos. but came upon all the reviews here…btw thank you all for the reviews..good and bad..it’s probably going to save me as well as others the fee to purchase as well as monies invested on the reco’s….thanks again and like the others who’ve stated they’re sorry for your losses as i am….btw another scam penny stock newsletter is by GREG SMITH out of PALO ALTO CA., ON HARKER ST.. i think it’s called PENNY STOCK ALERT.. jst fyi don’t bother with this one either…i monitored… Read more »
jason
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jason
December 15, 2010 6:20 pm

thanks everyone for sharing what you experienced with penny. after listening the ad i was thinking to sign up and happened to google it before sign up. I am not gonna sign up. sorry for those who are cheated!

Stephen
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Stephen
January 9, 2011 7:27 pm

YOU ALL DON’T KNOW WHAT YOUR TALKING ABOUT. SUBSCRIBER, 3 YEARS…

Alan Northcott
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Alan Northcott
January 20, 2011 2:34 pm

Quite pathetic, but good example of copywriting. I won’t be following Greg any more in any exploits. By the way, don’t forget that if you lose 25%, you have to make 33% to get back to your starting place – if you lose 33%, you must make 50%. So be cautious when you compare percentages lost and gained.

Henry
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Henry
February 1, 2011 9:41 am

HOW DO WE KNOW THIS GUY IS NOT A PLANT

Review by Stephen, January 9, 2011
Overall Rating
Performance of Picks/Advice
Consistency
Interesting to Read/Educational
Customer Service
Value for the Money
YOU ALL DON’T KNOW WHAT YOUR TALKING ABOUT. SUBSCRIBER, 3 YEARS…

Virginia
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Virginia
February 21, 2011 6:02 pm

Like a lot of other reviewers here, I received an offer in the mail and was seriously considering ordering it… after all only $39.00! But thought I would google it first. And am I glad I did. Thanks to all of you for saving me $39.00.

Like one other commented, I wonder about Stephen. Maybe he is a plant — or maybe he just got the right stocks (doubtful unless he was doing his own picking).

Thanks again

rod
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rod
February 24, 2011 5:02 pm

I was about to sub to this, but as i always do came to the gumshoe for good and bad reviews

Gold Dust Kid
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Gold Dust Kid
March 10, 2011 11:16 am

The reading is O.K…nothing spectacular that deals with very few selections. I would ASK that more stocks be included and ranked as far as suitability for the average investor, even lower-priced stocks..
Overall, I would rank it as not too interesting.

Karin
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Karin
March 15, 2011 1:41 pm

In listening every word in the Ad I was at the point to sign up for the newsletter. But: I looked up all the reviews here before and I am happy, that I did not signed nothing! Who is giving for such little money you the best Tips? Nobody!

RoyHammy
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RoyHammy
March 20, 2011 9:11 am
I started with PSF in about 2000 and in my first year I invested $4500.00 and at the end of the year I had $18,600.00 of course these were very good years. I sold my stocks and built a house now I am thinking of getting back in. PSF was good then but I have been reading the reviews and am going to be very cautious. I did not follow their sell strategy instead I waited for a 40% gain then moved my stop loss up within 15% and was usually stopped out with profit. Not sure if that will… Read more »
BVaughn
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BVaughn
March 30, 2011 12:20 pm
Always the skeptic, while I was reading the ad I was thinking “if this guy is so good at picking the big winner, then why is he having to “overdeliver” on this newsletter to make any money?” Seems to me, if he was that good, he would have made so much money from his own system that he wouldn’t even be thinking about writing a newsletter that needs to “overdeliver” to keep getting MY money. Oh, yeah that’s right. He has already made so much money, and is such a benevolent fellow, that he wants to share his knowledge with… Read more »
ryan
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ryan
July 20, 2011 2:58 pm

I also thought about joining, thank you all for your honesty and sorry for your losses. I am subscribed to a few free newsletters and have had luck with Whisper From Wall Street. Good newsletter with usually 2 picks a week. They are very honest and have good information on their website. They’ve never claimed to help you get rich but I have made decent money with their picks. Check them out and no I’m not a plant just an average guy work for the railroad trying to make my money work for me.

GilBurt
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July 26, 2011 10:21 pm

Always the skeptic, while I was reading the ad I was thinking “if this guy is so good at picking the big winner,on this newsletter to make any money?
I also thought about joining, thank you all for your honesty and sorry for your losses.

Charles
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August 30, 2011 11:49 am

I just wanted to say thank you to all of the people who posted their reviews. I’m an investor who represents hundreds of other investors in residential condos and I’m just looking into investing in stock. I am constantly bombarded with these FREE Report Offers that require that you buy into their money-back-guaranteed Newsletters!

The first think I always do is Google them for “Reviews” and thankfully come up with sites like this one that I am grateful for.

Thanks again to all of you. Charles Hanes

T.J.Ault
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T.J.Ault
September 12, 2011 1:06 pm

I have tried to follow what has been suggested by Penny Stock Fortunes and been gravely disappointed and to date have lost over $800.00. By the time the buy is suggested and you make it the price has risen to its top and is starting on its way down and if you don’t get out at once, you will lose whatever you have invested.

I have to give this a thumbs down.

Stanley Meyer
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Stanley Meyer
November 23, 2011 9:37 pm

More!More!

Jon Eagleton
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Jon Eagleton
May 26, 2016 10:30 pm
I do my own homework turning $750 into $400k since 1986. Sure you lose some but it was my own fault leaving the guidelines I set. I have at least 7-12 factors I use. 1. Insiders trading – not always right, add 2. Volume with upside ticks, 3. Major holders buying, 4. Improved moves from management. 5. Earnings improvements….. More. I look for beaten down stocks that are undervalued, recently buying CRDS at .19 cents with a book of $1 and target of $3.75 by Zacks. The data available today is outstanding and free to new investors. One is Insidertrading.com,… Read more »
pete
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pete
November 24, 2016 6:47 am

well it was a couple of years ago,they had some hits and misses,nnothing great. You just have to be really lucky and plop a pile of cash on a winner and not pick any of there losers.We can all do that on our own now couldnt we? Or in my case,didnt we? Good luck traders

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