The Truth About Penny Stock Newsletters

Fraud. They're all fraud. Perhaps this surprises you and perhaps it does not. It's almost become common knowledge now that what you need to make money online is a list the size of Texas of email addresses of folks who will listen to what you have to say and take action based on your recommendation. Usually, the form this takes is marketing for products: shoes, games, movies, songs, services, etc. But, much to the demise of everyone who has signed up at Promostocks.com or DoublingStocks.com, the email lists generated there have allowed the owners of the websites to absolutely take advantage of their own stock recommendations and literally take money out of the hands of their subscribers.

How do I know this is true? Well, I signed up to see what would happen. Sure enough, on the day of the release there is a spike in the stock price of the recommendation and then it plummets closer to zero than you thought a stock could ever possibly plummet. And who already bought the stock before the recommendation was even released? The owners and their friends who laugh every week when this cycle repeats and repeats and repeats until wallets start being absorbed into the computer screens of the subscribers and end up on the website owner's ostrich leather couch.

It's a shame so many internet lovers trust everything they come across online. I don't even trust people I come across in real life, much less some computer nerd on the other end of the internet who drinks Diet Coke all day and listens to fantasy audio books while screwing subsceptible online searchers with credit cards in hand and high hopes of random, nameless success. Just say "NO!" to newsletters claiming they can save your dog's life and make you financially independent in seven and a half minutes.

As the saying goes, lies are cheap. But if you're up for it, you can subscribe to one of the aforementioned newsletters for about $47 and purchase a whole year of lies delivered to your inbox weekly. Either way, but I'm going to keep my $47 and buy some pants (online).