It's been a few months since I used a real example to illustrate the powerful potential of the Penny Stock Prophet Newsletter. However, I just have to mention the latest Home Run pick from James Connelly. I have mentioned other picks after the play was over and this one is no different. It's not fair to the subscribers to talk about any picks while they are still actively being traded.
So let me talk about this latest Winner.
On Wednesday the 17th of March, St. Patrick's Day, we received an alert from the Penny Stock Prophet Newsletter regarding LYRIC JEANS INC (Public, PINK:LYJN).
Check it out on Google finance.
At the time of the alert the stock was at $0.006, and this was just before the market closed, at 4:15 pm. After the alert was issued the stock actually jumped up to close at $0.015. I'm sure this was in part a result of the attention given by the alert.
James however addressed this jump in another email message and recommended that everyone hold on because big things were going to happen.
So throughout trading on the 18th the stock hovered in the $0.027 - $0.023 range.
Plenty of opportunity to buy into the stock.
James again alerted the Newsletter subscribers on Thursday evening after the close that if you weren't in yet, that Friday would be a great opportunity to buy in. He also added that he anticipated a slight dip may occur on Friday, so if you were already in the trade you might consider using this to increase your position. Finally he urged subscribers to hold on over the weekend for next weeks big move.
Trading on Friday the 19th went like it had been scripted. The price opens at $0.02, falls below 2 cents, then stays within a couple ticks of $0.02 for most of the remainder of the trading session closing up at $0.024.
Another full day to buy into the trade at around 2 cents a share.
Monday it opens at a gap up of $0.033 and climbs to the close of $0.046.
Tuesday opens at a gap up price of $0.052 and goes on to close at $0.08.
Wednesday, one week after the initial alert was sent out, the stocks peaks just after noon at $0.17!!
Now that was awesome! For most of the day on the 24th the stock was trading above $0.10!
After the peak at noon there were 2 hours to sell off and collect profit above $0.10.... it was obvious the sellers had gained control and the profit taking was on. 500% from $0.02.
Now I'm not suggesting that everyone made that huge profit, but for the better part of the week there was multiple opportunity to grab a gain of over 100%. This is why we trade penny stocks.
Do all the stock picks do this well....no.
Do we get one every week like this...no.
Do we get one like this regularly......yes!
In my 8 months as a subscriber we have had a winner like this example about every other month on average.....and plenty of other picks that had smaller gains, but winners just the same. I do discuss a few of these in my Final Thoughts post.
How have your picks been performing?
Are you ready to learn how to make profits trading penny stocks?
What are you waiting for?
Interestingly enough on a side note, LYRIC JEANS INC is still trading in the 5 cent range and after my own personal research on the company, I think it would certainly be worth consideration for a long term hold in your retirement portfolio. There could definitely be more good things to come out of this stock over the long haul.
Learn more at: PennyStockProphetBonus.com
So let me talk about this latest Winner.
On Wednesday the 17th of March, St. Patrick's Day, we received an alert from the Penny Stock Prophet Newsletter regarding LYRIC JEANS INC (Public, PINK:LYJN).
Check it out on Google finance.
At the time of the alert the stock was at $0.006, and this was just before the market closed, at 4:15 pm. After the alert was issued the stock actually jumped up to close at $0.015. I'm sure this was in part a result of the attention given by the alert.
James however addressed this jump in another email message and recommended that everyone hold on because big things were going to happen.
So throughout trading on the 18th the stock hovered in the $0.027 - $0.023 range.
Plenty of opportunity to buy into the stock.
James again alerted the Newsletter subscribers on Thursday evening after the close that if you weren't in yet, that Friday would be a great opportunity to buy in. He also added that he anticipated a slight dip may occur on Friday, so if you were already in the trade you might consider using this to increase your position. Finally he urged subscribers to hold on over the weekend for next weeks big move.
Trading on Friday the 19th went like it had been scripted. The price opens at $0.02, falls below 2 cents, then stays within a couple ticks of $0.02 for most of the remainder of the trading session closing up at $0.024.
Another full day to buy into the trade at around 2 cents a share.
Monday it opens at a gap up of $0.033 and climbs to the close of $0.046.
Tuesday opens at a gap up price of $0.052 and goes on to close at $0.08.
Wednesday, one week after the initial alert was sent out, the stocks peaks just after noon at $0.17!!
Now that was awesome! For most of the day on the 24th the stock was trading above $0.10!
After the peak at noon there were 2 hours to sell off and collect profit above $0.10.... it was obvious the sellers had gained control and the profit taking was on. 500% from $0.02.
Now I'm not suggesting that everyone made that huge profit, but for the better part of the week there was multiple opportunity to grab a gain of over 100%. This is why we trade penny stocks.
Do all the stock picks do this well....no.
Do we get one every week like this...no.
Do we get one like this regularly......yes!
In my 8 months as a subscriber we have had a winner like this example about every other month on average.....and plenty of other picks that had smaller gains, but winners just the same. I do discuss a few of these in my Final Thoughts post.
How have your picks been performing?
Are you ready to learn how to make profits trading penny stocks?
What are you waiting for?
Interestingly enough on a side note, LYRIC JEANS INC is still trading in the 5 cent range and after my own personal research on the company, I think it would certainly be worth consideration for a long term hold in your retirement portfolio. There could definitely be more good things to come out of this stock over the long haul.
Learn more at: PennyStockProphetBonus.com
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