Awesome Penny Stocks Reviews – Legit or Scam?


Awesome Penny Stocks
from 152 reviews Review It
Awesome Penny Stocks

 

AwesomePennyStocks.com is a website that offers a free subscription to an investment newsletter that targets the buying and selling of penny stocks.  In exchange for simply supplying your email address, you will get a newsletter with stock recommendations that allegedly rise in cost on a regular basis, allowing you to earn payouts on your investment.

Penny stocks is a term used the market to reference stocks that trade for under $5.00.  Awesome Penny Stocks generally seems to limit the stocks they investigate and promote to being those that actually trade at less than $1.00.

While it may seem hard to believe (or not so hard to believe, given the current financial situation in the US) that there are legitimate stocks being traded at less than $1.00 a share, it is true.  Penny stocks are also called “micro cap equity” and have been around for a long time.

So is Awesome Penny Stocks a Scam?

It’s hard to say definitively whether Awesome Penny Stocks is a scam, but it is definitely dangerous.  First of all, penny stocks are notoriously easy prey for price manipulation.  This means that a company like Awesome Penny Stocks can purchase a large amount of potentially worthless stock, recommend it to their subscribers, who purchase the stock causing the price to rise, and then the company sells their stock, causing the the stock price to drop again.

This is a well established problem with companies that recommend penny stocks, even long before the Internet became the go-to investment guide.

Another serious problem with Awesome Penny Stocks is that they admit in their Disclaimer that they accept money from third party companies, and therefore admit to being biased when reviewing these companies.  This means that Awesome Penny Stocks could be taking money from companies for the purpose of recommending their stock to their subscribers in order to bring up the price of their particular stock.

And if those problems aren’t warning enough, Awesome Penny Stocks also freely admits in their Disclaimer that no one who works for them actually has any sort of training or certification as far as investment advising is concerned.  So really, if you were interested in penny stocks, you would be much better off researching and choosing them on your own, than taking a chance with a company that admits to taking money from companies who might wish to promote their own stock.

Would you like to add your review for
Awesome Penny Stocks ?
If so, click here
 
Share This Page!

Customer Responses, Reviews, or Complaints

Average Rating for " Awesome Penny Stocks " is 3.2 out of 5 based on 152 reviews.
  • I just dont understand why people would hire a lawer to sue someone in order to get some recovery for poor investment.

    Of course APS is a pump and dump....just like many many others...I receive theirs news-letter for years and not in a single one i read something like..."Its Results is GARANTID"...All i see is ..ön our opinion, or we consider this because this and that...but disclaimer is clea..DO YOUR OWN DILIGENCE!!!!

    Its Stock Market, NOT FOR DUMMES,...people involved in stock market must know how Market Makers work, must have a plataform with Level 2 and study a lot, learn how it works...

    Lets not be romantic about any aspect of stock market...If you not prepared for it, stay away, go to casino or play lotto...

    Learn....do something...
  • Anyone know yet if they have a new pick yet?? If you know, what is it please?? ...Goff (the latest pick) is getting old, & seems they are due to release a new pick soon, by early May 2013.
    • As anticipated, APS is coming out with a new pick within approx 10 days or less (By about May 9 or much sooner), as based on a new e-mail tonight --- F.Y.I. ...Advice is to load up on the next pick due out soon within 2 days of its new announcement, & ride it up for about 2-3 weeks, watch for resistance each day, & if resistance starts to show a top, then sell it. Same strategy has worked on almost all its picks since last year. Good luck to you all

      :)
  • i was off a bit, goff is down to .05
  • This company is a total scam and I am now saving money to hire a lawyer to sue them. I lost about $30K and they told said in their email if these stocks (GWBU) does not go up we will close our company down and obviously they haven't done so. The price was at $1.60 per share when they were making claims that the price is expected to go to $7 within weeks and to $15 within a year, however in a few months the price dropped to $0.01. They use what is called a pump and drop technique where they raise the price within a short amount of time using their email marketing (in this case in two months the price went from pennies to $2.00) and then they drop it back down to pennies again within another couple of months and then they just abandon the stocks. This way they make the maximum profit in the shortest amount of time possible. If you research GWBU you will find that the two CEOs were the highest paid CEOs for that year and make millions with only $16K in investments. I wish I did my research earlier, this was my first trade and will not make this mistake again. Never listen to Email Marketing people for stocks advise, I lost a bit of more money from other companies as well. Good Luck!
    • To teerandaz First of all I just wanna say thank you, and that is an awesome avice that u shared with us...And if its all possible to illustrated that in a graph Im sure many people here would greatly appricated... Or a link that you could share with us, that relates to what you said.... Thank you and hope to read your post soon..
    • All U have to do is buy their new stock within a day or 2 of the Alert, & almost always the new stock rises for 2-3 weeks. Just follow that pattern: Get in early, ride the pump, then sell soon after the rise 1-2 weeks, or when you start to see selling (resistance). It is not that difficult! Just don't buy it after it has risen for 2 weeks, despite their continued pump that it will rise. Just go in early & sell after that first 2 week move. That is very typical. All happened with GOFF, SWVI, FARE, TAGG, others
    • You need to scrutinize the pattern. If you don't know how to dance, don't blame the uneven floor.

      If you look closely, most pumps will do a pullback in the first week. Take it ONLY on the pullback...generally about the 4/5th day. Create a channel for the pullback, and when it hits the support the third time, and begins to get out of the upper (resistance) line of channel, buy it. It will climb. About 20-60% climb later, it will make a second pullback. Get off before then, clamber on at second pullback like you did for the first. Ride it all the way to the top. If you get two humps after about 50% of your second climb, this stock is going to tank. If you get a red candle at end of day after the second pullback, it is going to dump. Else, take a 100% ride. The guideline is that when the stock does a 5x from the lowest point of the first day, it is time to get out. Awesomepenny does the best job of making its traders some serious money. Most other pumpers are notorious for opening high, and swooning all the way after that. And I am not a member of their staff..just another trader like you. Don't put in 30K, just put in 5K and see it grow to 30K in a few months.

      Hope this helps in your future trades. And like they say, don't ocmplain...get up and go for it again.
    • frank you cant research the stocks they pump, there is no track record, get in then if you double get out dont look fore a big score, when they send an email saying people are still buying in get out. if you buy in at say .20 and it hits .40 sell, take your money and run
    • To fRANK, if you are serious about suing those who run the Awesome Penny Stocks website, I will join you. They kept enticing me and the other poor investors who trusted them to keep holding on what we bought and keep buying more while still under $0.30. Little did we know that they were the ones who manipulated the stock and, of course, gained millions of $$. I finally sold the GOFF stock after I woke up and discovered it was a total scam. They used to send an update on Sundays. There was no updates yesterday sent nor there was no email from them for the Monday updated. They stole our money and disappeared. I hope one of the lawyers who follows the manipulation of the stocks, reads this and file a law suite on our behalf.
  • revieved emailon friday from them saying goff is about to explode back to the 1.00 or 2.00 mark soon, it is at .26 now, this week it should drop to about .03 if it follows their usual trend.
  • Just a tip for anyone that wants to use APS. The KEY is not to be greedy. Buy on the first day of the new pick at its low point and only hold for a week or two..But also to be sure to do your homework. In the case such as FARE at the beganing of the year.APS almost always starts with a fresh company for big pumps and FARE was not. Study your charts and look at the trends..they pump for almost a month and dump the next while contiuning to to tell you that it is going to bounce back, which it is not, they are just tring to cover their shares on the open market. I have been useing and studying APS for over 2years, and every trade I have made has gotten me at least a gain of 120% every time. Know that you are trading a pump and dump stock.. 100% of the time they go up and 100% of the time they WILL crash. Get out when you are ahead and you will never loose. If you get greddy saying one more day, one more day. They will dump on you and you will get stuck with a loss. They always dump at the open of the market before you will ever get the time to sell your stock. Good luck with all your trades and be sure you do your research. It will pay off... happy trading
  • terrible site. stay away.
  • As another recent example: Look at what GOFF has done from March 18, 2012 recommended at .27, now thru April 1 it has more than doubled to .57 peak. It is an example that you can get on the pup train early and profit with them, but you need to be selling after a period of gains in a week or 2-3 weeks. Such as now. If you haven’t started to sell by now (April 4), then it is your fault for holding too long.

    I'm just being factual. Scroll downward to my earlier post with more examples. It is very possible to make money on most of their picks. Jsst time the buy early once they put it out, then sell soon afterwards. Typical pick averages almost 2 weeks before it crashes.
    • He was right bought at .28 sold at.56. Took my profit and ran! Don't get greedy and hold on to long. I was a victim of this before so learned from my mistake. IF after 2-3 weeks you dont get a profit STILL sell becuase it is still going to crash(this only happen once to my knowledge) It is better to get some profit and move to the next then none at all. Once it crashes the chance of selling it during the crash is slim to none.
    • like today lol - down 40%
  • Everything you read on the internet is not true. If you want real stock advice look to the real money managers or Madoffs. They trashed peoples retirements. APS has a disclaimer at the bottom of their emails. That is the only part that is real. This is informed gambling. Pay attention and make money. But KEEP YOUR EYES ON THE BALL
  • anybody any advice on which online trading company to use. Simpler the better!!
Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.