the definitive guide to penny stocks on the web
During July, we performed a short review of three of the top Penny Stock sites. All three charge a subscription and all three provide good performing penny stock picks. We wanted to bring this to our readers' attention so that they can choose a site for information. While many experienced investors belong to several sites, many beginners want to choose just one to start with.
While Competitor #2 provides only a few sentences as to why they made their pick, the other two provide complete reports, often several pages long explaining their pick and their feelings for the stock. This can come in handy to new investors that would like to learn some of the reasoning behind professionals picking their stocks.
In this short survey, we show the average gain for all picks in 2004, 2005 and the 1st half of 2006. You should not expect to reach these gains as these figures use the highest price that a stock pick gained since being reported. While you may never see gains quite this high, it still is a good indicator of which sites can really perform. All of the sites below listed their 2004 results. When they did not list their 2005 or 2006 results, we purchased memberships so that we could calculate these results ourselves. The averages for 2006 were the results we calculated through June 1 when our survey began. These results are as accurate as possible, but may vary slightly from exact results due to rounding.
For 2004, 2005 and again for the 1st half of 2006, FalconStocks.com was the winner in over average gains for their stock picks. They were also the only service compared that posted gains for each and every pick through the survey.
Links:
Our Winner: FalconStocks.com
2006 Results:
FalconStocks.com: 158.25% Average Gains
Competitor #1: 66.94% Average Gains
Competitor #2: 54.63% Average Gains
2005 Results:
FalconStocks.com: 90.3% Average Gains
Competitor #1: 61.6% Average Gains
Competitor #2: 80.5% Average Gains
2004 Results:
FalconStocks.com: 217% Average Gains
Competitor #1: 154% Average Gains
Competitor #2: 175% Average Gains
We plan on adding more sites in the future for you to see. In starting this, we wished to pick three of the better known and performing sites. Please let us know what others you may like added.