Does Penny Stock Prophet Work?

Are you asking yourself the question, "does Penny Stock Prophet work?". To answer that question we are taking a look at this program and what it delivers for its members.

What Is Penny Stock Prophet?

It's a members newsletter service created by a guy called James Connelly who has had great success trading penny stocks. Formerly a student he started off with limited seed capital and went on to make over a million pounds as a result of trading penny stocks successfully, so the system has evidently worked for the owner but what about his customers? Let's go on to look at some more facts about Penny Stock Prophet.

The Results

The best way to objectively look at whether a system works is to see what kind of profits the typical member can expect as a result of following the penny stock trade alerts sent out by James in his newsletter. On the website he outlines how it's possible to make as much as a million dollars starting with $1000 in as little as thirty eight trades. What I would say here is that while this is possible, it pays to look at the results achieved for members rather than hypothetical possibilities. With that in mind, here we look at the measured results.

Cold Hard Facts About This Service

One testimonial states how she made 23% on one trade and 53% on another, which is encouraging. Down the right hand side there are a ton of testimonials ranging from four day net gains of $3,250 to gains of over 100% on others. James offers proof of results achieved for his members in a 30 day period ranging from a 9% gain to a 91% gain with 45% average returns in a period of 24 to 48 hours, so this system is all about quick profits and keeping capital moving.

Based on the average gain per trade in his 30 day proof period, an investment of $1000 would yield a return of $450 profit before costs. Based on these results it's fair and reasonable to assume that this system would work for members that tried out this system for at least 30 days, although the average returns may differ from those demonstrated on the Penny Stock Prophet site.

Read our FULL consumer review of Penny Stock Prophet which includes even more information on this members newsletter service including more tips on picking penny stocks at => http://www.pennystockinvestingtips.com