TheUltimatePennyStock.com Review – Is it a scam?
The Ultimate Penny Stock, which you can check out at TheUltimatePennyStock.com, is a free financial newsletter that claims to provide investors especially those who are interested in penny stocks with stock alerts. These stock alerts are usually information on which penny stocks have the highest potential for gain.
Signing up at TheUltimatePennyStock.com is free of charge. As a member, you get to receive Breaking Penny Picks from the said top stock analysts. In addition to that, you will also be provided with video analysis and over $1,500 worth of investing membership and tools. Members can also sign up for both email and/or text message alerts for stocks.
What are Penny Stocks?
Penny stocks, which are also known as microcap stocks or small cap stocks, are those stocks that sell under $5 a share. These stocks have become popular these days due to their price. It is also through their price that these stocks have become a risky investment.
Because shares of these stocks are sold for less than $5, many companies take advantage of this. They sell a number of these shares which in turn causes a surge of these stocks’ prices. These companies then use the situation to lure individuals to buy their stocks. When their shares are sold, they leave with the profit and leave buyers with stocks that are now priced much lower.
Final thoughts on TheUltimatePennyStock.com
While they are not generally considered as scams, most of these investment newsletters have partner companies. Thus, most of the stocks they recommend are from these third-party companies. This is why you can’t be sure of whether the stocks they are recommending are really out of their careful stock analysis or is just a marketing ploy for their partner companies.
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