I first heard about Penny Stock Prophet when looking for an automatic stocks program which only targeted penny stocks.
These stocks offer the most profit potential in the market because of how easily and often they fluctuate.
If you are interested in making huge profits in the short term from the stock market, but don't have the experience or time to devote to doing the research yourself, consider this review of the automatic stocks picker: Penny Stock Prophet.
Something which I should mention early in this article is how this automatic stocks picker decides what stocks will perform well versus which are set to drop.
Much like the big trading houses out there, Penny Stock Prophet predicts market behavior by comparing the past to the present.
Individual stocks and their trends perform similarly, so by looking at profitably performing trends of the past, if you can find similarities and stocks which are exhibiting similar behavior in the real time market, you can attain a very realistic idea of how that stock is set to act in the short term.
This is exactly what this automatic stocks picker does itself to detect behavior and identify which stocks are set to perform well.
As I mentioned in opening and as the name would have you believe, this program only targets penny stocks.
To give you an idea of how volatile these stocks really are, I'll cite my first pick which I received from the program which was valued at $.
18 initially.
I scooped up roughly 1000 shares and sure enough that stock began climbing right away.
I was even a little behind the pick as it had climbed from below $.
18 already but that was the point when I became invested.
By the end of that first day it had climbed to $.
38.
It's a great feeling being invested in a stock which is climbing before your eyes, particularly one which is climbing that quickly.
I checked in regularly each hour as it continue to rise the second day before slowing at $.
57.
This point I sold my shares for more than triple my initial investment.