Penny Stock Fortunes

Overall Rating

Rating: 3.3/5. From 6 votes.
Please wait...
3.7
Rating from 25 votes
If you’ve subscribed to Penny Stock Fortunes, please click the stars below to indicate your rating for this newsletter, and please share any other feedback about your experience using the comment box below.

Investment Performance

Rating from 6 votes
Rating: 4.2/5. From 6 votes.
Please wait...
Your vote
  • 5 Stars 4 Votes
  • 4 Stars 1 Votes
  • 3 Stars 0 Votes
  • 2 Stars 0 Votes
  • 1 Stars 1 Votes

Quality Of Writing/Analysis

Rating from 7 votes
Rating: 3.6/5. From 7 votes.
Please wait...
Your vote
  • 5 Stars 1 Votes
  • 4 Stars 4 Votes
  • 3 Stars 1 Votes
  • 2 Stars 0 Votes
  • 1 Stars 1 Votes

Value For Price

Rating from 6 votes
Rating: 3.7/5. From 6 votes.
Please wait...
Your vote
  • 5 Stars 2 Votes
  • 4 Stars 2 Votes
  • 3 Stars 1 Votes
  • 2 Stars 0 Votes
  • 1 Stars 1 Votes

Customer Service

Rating from 6 votes
Rating: 3.3/5. From 6 votes.
Please wait...
Your vote
  • 5 Stars 1 Votes
  • 4 Stars 2 Votes
  • 3 Stars 2 Votes
  • 2 Stars 0 Votes
  • 1 Stars 1 Votes
guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

5 Comments
Inline Feedbacks
View all comments
gary brewington
gary brewington
6 years ago

I have subscribed to this newsletter for about 3 years now. It is a good value, at between $30 and $70 per year, depending on if you get a special. I believe the letter is well done and worth the price. He will make one or two recommendations per month. The “Penny” in the title is a little misleading: it is a small cap stock service. Not microcaps, but all small caps. The average hold time is one to two years. What you can expect is that each pick will drop further in value before it rises. He is picking beaten down stocks that have a good fundamental story and ‘ought’ to rise back to fair value over a year or two. This is not technical investing following every chart wiggle.

Pros:
– good overall return, ~30%, interesting newsletter, interesting fun companies I wouldn’t have thought of, like Skull Candy headphones.
– easy to implement with longish holding times.
– long track record that you can research yourself.

Cons:
– the point of a low cost newsletter like this is to get you on the Agora mail list to constantly receive $1500 offers, that generally promise huge returns that never happen.
– There is no real exit strategy in a down market. It lost 50% in 2008. The impact of that kind of loss cannot be overstated. Even with 50 or 60% gains over the next two years, you have to get 100% gain to make up the 50% loss.
– He doesn’t publish the full details of the total trade history. You have to go through the newsletters and alerts to find all the losers. When I first signed up, it was easier to get the full trade history to understand the impact of the losers along with the winners.

I don’t take all his picks. In fact I take hardly any of them. I put them on a watch list and when they pass some basic long term technical screens, then I buy them. So I combine his fundamental analysis with a overall market trend indicator that tells me when to exit everything to avoid market crashes. Then I use a simple long term moving avg for the stock. The winners will move above the long term ma and stay there once they pick up steam.

By doing this, I miss the occassional pick that pops from a buyout, and I might miss some of the rise off the bottom, so I will never call the bottom, but he tends to buy before the bottom, so he’s not getting the bottom called right either. So far I have avoided the drawdowns and big losers and had some fun with his picks.
I just followed the newsletter for two years before I felt I had enough information to incorporate his picks into my plan.

Add a Topic
5971
Add a Topic
6137
Add a Topic
1340
Howell R.
Howell R.
2 years ago

Some moderate gains were enjoyed from this letter’s recommendations, although I lost interest in it and opted for other levels of investment. I thought Jonas really put an honest effort into his writings. If it is presently published, I am not aware.

Gary Price
Gary Price
10 months ago

I have read lots of bad press about “Penny Stock Fortunes” however, I subscribed to it many years ago and bought into Tesla when it was a penny stock and it was quite a good tip. Look at what happened to Tesla’s stock price. Too bad I didn’t heed this newsletter’s advice.
When I decided to unsubscribe, I was never cheated or charged any extra on my card.

All the same
All the same
2 months ago
Reply to  Gary Price

when was Tesla a penny stock?

GARY Price
GARY Price
2 months ago
Reply to  All the same

Tesla was a penny stock in the early 2000s, around 2006 or 7.

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info