Posts Tagged ‘Penny Stock Prophet’

Overall, this past week has been a hard one for the bulls. A lot of stocks have crumbled in a recent retracement over the week, but stocks finished out up in the final day of trading on Friday the nineteenth after some good news about future economic indicators. Most analysts have started to conclude that the job market will be improving by the start of next year and this means a lot of people could be seeing new developments in companies that have accumulated dust since the great recession.

So what does it mean for penny stock trading? Next week could likely be a bull run for a lot of stocks looking to prove their worth in the markets. The major indexes are holding at a solid pivot point ready to bounce back from a recent pullback. The Santa Clause rally is likely going to be entering full swing in the next week or two. The only thing holding the market back next week will be Thanksgiving. Aside from that, anything could happen.

So look for a few bullish moves next week in the major stock indexes. It’s likely we could see a preview of some very important advancements in price for a lot of companies reliant on consumer spending. If earnings reports are good enough for these companies, the job market could start coming back to life as well.

As far as my penny stocks to watch, one of them has already taken off and come back down. SPPH. It rallied all the way up from 20 cents to just over 50 cents in a few weeks. Sadly, James Connelly came to the party late this time. Sorry James! You picked a great stock, but I think you are likely too late to see any real profits for your members!

Anyways, MSLP is showing signs of life again, which excites me. I never thought we’d see it go down this far and with a recent announcement of a contract to endorse Lyoto Machido at UFC 123, this one is overdue for a bounce. I may just put out a buy signal for it. We shall see!

That’s all for now, stay posted for more trading insight!

Hey all, James Connelly sent out a pretty good alert on a stock that had a huge spike in price and trading volume today. The symbol was SSTC. Safe and Secure TV Channel is a television and broadband company dedicated to broadcasting information on emergencies for the Department of Homeland Security.

This morning, they made the following announcement:

Safe and Secure TV Channel, LLC (PINKSHEETS: SSTC), the premier internet broadband television network devoted exclusively to homeland security and emergency preparedness, announced today that it has expanded its programming with the addition of over 250 hours of content from the award-winning Homeland Security ConferenceOn.TV Network.

“Safe and Secure TV Channel provides a vital information resource and conduit to the high-growth Homeland Security industry,” said Theo Mayer, Founder and Publisher of Homeland Security ConferenceOn.TV Network. “Our rapidly-growing archive features the industry’s leading thinkers, scientists and engineers, providing Homeland Security practitioners and professionals with a valuable source of current information.”

If you buy penny stocks to make a profit, this is one I think has the potential to perform further on down the road after opening up new contracts with their parent company, the Department of Homeland Security. (Perhaps you’ve heard of them?)

Anyways, this particular alert was sent to me courtesy of James Connelly’s service, the Penny Stock viagra. To check it out, click the link below.

==>Click Here to Visit the Penny Stock Prophet Homepage<==

So what is all the hype with NUEC and how is it that this stock has jumped 26 percent in one day after James Connelly sent out his alert? Has there been a significant bounce on the psychological support level for this stock, or is it going to crash and burn suddenly under such a sudden and extreme movement? I like to play the scalping game, so my exit point is either now or very soon! Here is my overall analysis: take it for what you will!

Green markets, while great and an exciting opportunity to profit off of what is essentially a fad, do not offer much in terms of new sources of revenue or new markets to explore. The reason is because green is such a vague term that refers primarily to services we already have or need to simply improve, like transitioning from throwing garbage out to recycling it. It seems a bit insubstantial to me that anyone base such a huge move in a stock on sources of energy that have never been deemed unworkable.

Albeit this is not an energy stock to go after, which is another reason I don’t see it as making a huge move potentially. This is an agricultural development stock that specializes in the creation of chemical mixtures to improve the working of soils. While that is important, agriculture is not a sector I see a lot of growth in, so I’d get out of this stock relatively soon.

Not that you will lose tremendous amounts of money, just that you won’t make a whole lot either, which is essentially the point of penny stocks. You look for a sudden move, then ride the profits up and scalp it. I really appreciate James sending me out this alert as it is a great trade, but one thing I have to say is, if you are in this one, don’t hang onto it much longer!

Smart traders can make a safe 20-30 percent off of trades like this, which is why I love PSP. I was beginning to think it was a fad, but every time a great trade comes into my inbox, I’m reminded that this service is actually pretty sweet, assuming you know how to work it appropriately!

My verdict: great trade for a quick scalping, and nothing more! Keep out of it for the long term as the only person claiming to be that this stock should multiply by 165 percent is, well, the CEO. And of course he would say that, now wouldn’t he?

Anyways, if you still haven’t gotten in on these alerts or checked out the bonus I made for James Connelly’s service that has been sending me picks like this, I highly recommend checking it out and getting in on the action by clicking here to get the Penny Stock Prophet trading service.

So this morning I had this in my inbox from the Penny Stock Prophet:

I believe SHMN will be our strongest play in 2010 so far! The formula is showing that an unbelievable rally is about to unfold.  We’re looking at potential gains of 100 – 150% over the next few days.  Do not miss this one!

That’s the gist of it anyways. Apparently James has such a strong notion about this particular stock that he didn’t even have a Friday pick last week because he wanted everyone to clear out any trades they were still in to insure they’d have enough buying power to profit from this trade. Sounds exciting. Let’s have a look at the chart:

I’m with him on a long position with this particular stock. My only fear is the notion that perhaps the stock may already have realized it’s maximum possible gain this morning when volume and price spiked dramatically. His last couple trades have been fairly impressive, so this one should no doubt yield a fairly large profit, and the volume pattern does match that of a retracement, so we should have more upward momentum to go.

I’ll be sure to fill you all in on how it turns out. Just in case you haven’t already subscribed to the Penny Stock Prophet, I highly recommend clicking here and finding out how good it is for yourself.

So it’s been about a week since I signed up for the Penny Stock Prophet alerts and my feelings on it have actually been somewhat mixed. I’ve seen one or two gigantic winners that exploded overnight, and another couple that hardly made any gains whatsoever. The most recent one I am optimistic about however, because it’s showing signs of developing a severely oversold position combined with a lot of congestion, an ideal combination for a sudden upward burst in price action. Yesterday’s pick was Jackson Hewitt Tax Services, (JTX). Here’s a look at the chart:

You can see that stochastic has severely bottomed out, so I see exactly why this trade is being posted this week. I bought it at 2.75 and it’s trudged upward slightly to 2.80 The only thing making me nervous is that I was expecting the breakout to occur yesterday, and it’s now Tuesday afternoon and still no breakout yet. Hopefully these picks don’t change my mind about James Connelly’s service. As of right now I still think he picks a good stock, I just am reluctant to think it is as amazing as it gets worked up to be.

Still, if you want to make money in penny stocks, his service is a reliable choice. I give him a break this past week or two as the equity markets have had a downward momentum and I expect he will find some great picks in the near future. My rating on this is still that it’s worth buying, but at the end of the day that’s for you to decide based on your own trading abilities and preferences.

So if any of you have been visiting my site you know that I do some advertising for a guy named James Connelly, the supposed ‘Penny Stock Prophet’. Connelly was a math student at a prestigious east coast college for a number of years and spent a lot of time independently studying patterns and price action in the stock market, his goal of course being to develop a system that could identify and predict price breakouts before they occur. Needless to say, after years of toiling and trial and error he found a couple of key features and ratios within stock prices that could determine a breakout before it occurred.

After developing a system that worked well to gain a small percentage of profit within a couple of days on standard mid and large cap stocks, he decided his system would work much more effectively if he turned his attention to stocks that can jump a great deal within a short period of time, which brought him to micro caps, a.k.a. penny stocks.

Nowadays he trades consistently on penny stocks and has made a fortune as the penny stock prophet. His site is essentially a detailed series of newsletters that give you guidelines for how he is going to trade and what you can do to imitate his system. It’s a novel idea because it takes his trades and basically hands them over to you in real time.

My only disappointment with the product thus far is that it doesn’t have any substantial guides or members only areas that you can get advice and interact with other members on the penny stock prophet system. I was expecting something more for 97 dollars, but if his trades can make me money, I’ll gladly put up the cash to get started, especially considering Clickbank guarantees my purchase. (I’ve gotten refunds from Clickbank before, they are a reliable company so don’t even worry about getting scammed).

So next week I’ll be trading alongside the penny stock prophet and I’ll let everyone know how things are going. If you still need to check out his system and find out if it might just work for you, I encourage you to take a look at the Penny Stock Prophet by clicking here.