This is NOT an ordinary Penny Stock Egghead review. I won’t B.S a bull load of crap and in the end, praising the product and persuading you to get it. Just to let you know, I’m a trader myself. I consider myself fairly knowledgeable in Technical and Fundamental Analysis. So I know what I am writing.
Penny Stock Egghead is a SCAM!
Wait, don’t click the “X” button at the corner of this tab/browser. Read further and you might benefit from a secret that I will be imparting it to you.
If you have visited the Penny Stock Egghead’s website and read through the salespage, you will know it’s a Penny Stock Pick Newsletter subscription. Nathan Gold, the “teenage math whiz”, claims that he analyses for picks that is “about to shoot skywards” and sends out to his subscribers. But seriously, do you believe his claims? It’s actually just a scam.
“Nathan Gold” actually accepts a “compensation fee” from a company to publicize their them in his newsletter. For other words, he would just send an email out to all of us (the subscribers) saying that this so-and-so company has strong financial prospects and bla bla. But in actual fact, it is just to persuade us to join the crowd to drive the company’s stock price up. For other words, it is a pump and dump scheme. So there you have it - Nathan Gold is a scammer.
But his scam can be exploited to your advantage. Yes, YOU can benefit from it. How?
Firstly you ought to know that penny stocks are thinly traded. And it is supply and demand that pushes a stock’s price up.
So why not just join the crowd in the beginning, hold a little while and sell off your position as soon as possible?
On 15th Feb 2011, Nathan announced that Bonanza Goldfields Corp. (Symbol: BONZ.PK- View 15 Feb Period) was in a process to “shoot skywards” the NEXT DAY (16 Feb). Without delay, I executed 5000 lots (500,000) of the specific stock valuing at $0.009. A total cost of $4,500.
The next trading day (16 Feb), several hours after the market begun, the stock’s volume soared as expected.
Apparently, the Penny Stock Egghead subscribers are all executing their orders purchasing the same stock.
The penny stock’s price soared to about $0.0099 just in the middle of the trading day. Nathan informed all subscribers to hold on to their position as he “believe it will skyrocket further”.
So the next trading day (17 Feb), it shoot skywards to $0.0125! If you look at the chart above, you will see another jump in volume. But wait, who is pushing the price up now? Well, shockingly it is the traders whom are NOT subscribed to the newsletter.
I immediately sold half of my total lots (250,000 shares) valuing at $0.0125. The next trading day (18 Feb), it skyrocketed again to $0.0159! I sold off all my remaining lots and enjoyed the hefty profits (although somehow I felt I sold rather early, but remember the rule – “don’t be greedy”).
In just 3 days from just this single pick, I have profited a net profit of $2,600!
Just a tip for you, if you were to really wish to trade and profit from this newsletter, you must NOT be greedy. Be satisfied even if the profit is little. Being greedy will only make you hold your position longer and everyone else would have sold off and you will be at a loss.
Does This Violate Federal Securities Law?
No, it does NOT. As a matter of fact, all financial analyst does the same thing. They actually bought stocks of a company and start telling the public that this or that company is a “strong buy” or a “strong sell”. If Penny Stock Egghead violates any securities law, so should all the financial analyst. Also, even if it is, you are not violating any laws since you aren’t the mastermind pumping the stock.
Penny Stock Egghead Review Conclusion
Act NOW! Exploit this opportunity as soon as possible.
If you still feel unsure about this, just subscribe first and do paper-trade. For other words, just watch how the stock’s price will skyrocket without participating any trades if you don’t believe me! And with a 60-day money back guarantee, there’s nothing to lose.
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