How I made $62,500 with an investment of just $2,500 in Penny Stocks
Around 2 months ago I thought it was a good idea to look into penny stocks and small cap companies in the stock market. I have red about enormous profits in those stocks and decided to do some stock trading on my own.
I soon discovered that trading in stocks is not as easy as it seems. The Trader has to take into consideration a lot of factors and dedicate a lot of time if not days with education. Technical analysis alone is a field that will need an inexperienced investor months to understand. And this is no guarantee that he will make profits with the share trades.
That being said I decided to look out for stock picks and recommendations. I found a website that claims to have a proven record of their investment recommendations in the past. The profits reached from 100% to 800% according to the website. I was tired of searching in the world wide web and because their recommendation is for free I decided to give it a Go and ordered a recommendation.
The next day I received a call from a Mr. Lynn who introduced himself as an analyst for a broker house. Over the next 30 minutes Mr. Lynn explained the basics of his analysis and under which criteria stock trading recommendations are being made.
He answered all my objections and I decided to give it a try and invested $2,500 in small cap gold stock.
Within the next trading days the share didn’t move much and it wasn’t until a few weeks until the stock suddenly started to climb in an extreme way. The rise was that sudden that my investment climbed from 0,03 to around 0,40! I couldn’t believe it but after confirming on the major financial homepages it was obvious that my stock made me a gain of around$40,000 in less than four weeks.
I needed to call Mr. Lynn and ask him for his thoughts. He told me to keep the stock for a bit longer and sell at or around $0,45. I agreed and asked him to sell my stock at that level not even thinking that the share would reach it already the NEXT DAY!
After selling my stock I am looking at a profit of 2500% or $60,000 thanks to Mr. Lynn.
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