Killer Penny Stocks (www.KillerPennyStocks.com) is a new penny stock alert website that allows its members to sign up for a free newsletter that will keep them informed of penny stocks with the biggest “gain potential.”
Killer Penny Stocks claims that their stocks are chosen from a series of well thought out criteria: whether the company’s management team has a good track record, their growth potential, recent news involving that company and its products, and the sector in which the company operates.
If you sign up for Killer Penny Stocks’ alerts, you will receive exclusive recommendations, advanced notice about promising companies before the general public, detailed reports based on their extensive research, and insight only regarding companies with gains potential.
What are Penny Stocks?
Penny stocks, or microcap stocks or small cap stocks, are stocks that trade under $5 a share. Generally speaking, most penny stock alert companies concentrate on stocks that trade under $1 a share.
Penny stock trading can be a risky business. It happens that what makes penny stocks so popular also makes them potentially dangerous: they are cheap.
But because penny stocks are so cheap, they are easily influenced. Shares can be purchased by the hundreds or thousands by a company or single investor for a reasonable amount of money.
Once the shares are purchased, this same investor can point to the recent rise in stock price to influence others to purchase this same stock. Then, the investor sells their shares for a profit at the new increased price, and walks away, causing stock prices to fall again.
Is KillerPennyStocks Legit?
Well, if you read the full – not partial – disclaimer provided by Killer Penny Stocks you will see that they are actually an advertising and promotional company, not a stock investment or advisory company.
It’s not unusual for penny stock alert companies to be more influenced by companies who are paying them for promotion than they are by actual research and reports. Killer Penny Stocks does not actually employ any investment bankers, advisors, or analysts.
Before you purchase penny stocks, or stocks of any kind, you should always have an independent investment analyst or advisor look over your purchase. In addition, you should never invest in stocks of any kind unless you can afford to lose your entire investment.