Penny Stock WhizzKid

Penny Stock Newsletters: the Best and Worst Options

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Penny stock newsletters can be a useful resource for investors who don’t have enough time to find stocks to buy. Nowadays there are a tonne of newsletters online, providing advice via email or their website.

The vast majority of them focusing on low-priced stocks are free. They simply ask for an email address and in return they will spam you with “hot stock tips” ready to explode in the near future.

Unfortunately, 99% of time these newsletters have hidden motives and run pump and dump schemes. They’re in the business of hyping up stocks, unloading their shares near the top and leaving the suckers who bought late holding the bag. Despite how well-known these schemes have become, people are still falling for the hype in the hope of making huge returns.

Pump and dump schemes are legal but promoters must share their ownership of shares or any monetary compensation in the disclaimer – these are typically in very small writing at the bottom of the email.

Free Penny Stock Newsletters

The websites below offer free email alerts but be wary of any picks and always read disclaimers. No matter how good the opportunities sound it’s always all hype no substance.

  • Pennystockdream.com
  • Pennystockprophet.com
  • Pennystocks.com
  • Allpennystocks.com
  • Falconstocks.com

Paid Newsletters

If you don’t mind paying for picks, there are a handful of subscription services worth trying. They normally have a monthly and annual plan. In exchange for a fee the advice is generally more reliable, especially services with a strong track record of profiling,penny stocks. Subscription-based services generate their revenue from paying customers rather than pump and dump schemes.

PeterLeeds.com

Peter Leeds is one of the leading authorities on penny stocks and all-round nice guy. The Canadian has been offering stock picks online for the best part of the decade and has released three books on the topic. Over at PeterLeeds.com, his newsletter costs $199 for an annual subscription.

Mr Leeds provides unbiased research on a select group of high-quality penny stocks. He employs a research team to filter through thousands of crappy companies to locate the hidden gems. The picks are long-term investments which requires strong discipline to buy and hold. A company’s share price might barely move for months and then boom, 50% move in a week.

In addition he also provides market commentary, shares his personal portfolio and educates subscribers on how to research companies. Overall an excellent option for someone lacking the time or knowledge to find unique investing ideas.

Timothy Sykes

Tim Sykes is a controversial character synonymous with the world of penny stocks. Sykes has successfully traded penny stocks for the past 20 years and has made $6,677,850 from stock trading.

He runs an educational empire consisting of DVDs, chat rooms and newsletters. Tim Alerts and Pennystocking Silver are the most popular newsletters with day traders. Sykes teaches everything you need to know to progress from a beginner to an advanced trader and now has multiple millionaire students.

Tim Sykes Newsletter Alerts

Sykes doesn’t just charge for services and does run a free newsletter, sending out a watchlist on the hottest penny stocks to trade during the week. The only downside is he does heavily promote paid services in the emails.

Similar to Peter Leeds, Sykes has a long-term investing newsletter called ‘Small Cap Millionaire’. Although he’s more known for day trading, Tim does like to invest in some companies. Red Cat Holdings, a drone pick is an example of a recent winner he released to subscribers. Small Cap Millionaire is $749.00 per quarter or $1997.00 for the year. A lot more expensive than Peter Leeds and the holding periods are shorter as well – ranging from a few days to months.

Stan The Trading Man – Can He Be Trusted?

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Stanley Barsch aka Stan The Trading Man is a penny stock investor with a cult-like following on Twitter. Stan’s profile has really taken off since the start of the pandemic. Thousands of bored and jobless Americans now chase stock market riches by gambling on penny stocks. Stan has benefitted from the rise of investing mania, some of them discovering his “high quality” DD.

Stan has been referred to as a “pumper” on Reddit – someone who accumulates a position in a company and heavily promotes that stock to others. Typically the companies promoted are more hype than substance but are tied to a catalyst.

stantradingman reddit

Genius Brands (GNUS) is a prime example. They are a children’s media company that creates and licenses entertainment content. Despite the catalyst for short-term growth, management has consistently failed to turn hype into tangible value for shareholders. Genius Brands are facing declining revenues, spiralling expenses and will do well to avoid bankruptcy in the future.

The Washington based trader gained a reputation for finding big movers early – examples include GNUS, IDEX & XSPA. The whole thing has become a self-fulfilling prophecy. Traders buying alerts because the previous picks were big runners. Those who took the risk and invested early most likely made lucrative profits. The poor souls who bought late or held shares for the long-term ended up as bag holders.

Stanley’s fame on Twitter hasn’t gone unnoticed by financial media outlets, appearing in various news articles and on Fox Business alongside Sharmila Viswasam. The pair were interviewed by Charles Payne on their journeys to become successful day traders. Funnily enough, Charles Payne has history touting penny stocks on Fox, somehow he didn’t get fired.

Controversy

Poor Stan got himself into trouble in August 2020 due to inappropriate messages with a few female traders. The tweets were leaked across social media and instantly went viral. The whole penny stock community came after him, labelling him a “creep” for his actions. Ms Viswasam seemed to be one of the few people sticking up for him during the tough times.

Stan later apologized, deleted his Twitter account and took a break from trading. Loyal followers were left in the lurch, who would they now follow for new penny stock picks? Luckily, the likes of Stock Lizard King, Buy Sell Short, Yates Investing and Huge Henne filled the gap left while he was away.

Return from Hiatus

In November 2020 Stan returned to Twitter and is now back in full flow, sending out 10+ tweets per day. Now it appears Stanley is focusing more attention on lower priced stocks, under 10 cents in some cases.

HQ Global Education Inc (OTCMKTS: HQGE), a recent alert was trading for less than a cent at the beginning of February 2021 and is currently at 3 cents per share on strong volume. These triple zero penny stocks are insanely risky, they are not long-term investments. I wouldn’t hold any shares overnight. Only trade them if you can afford to lose all the money invested.

Conclusion

If I was Stanley I’d be more careful around how he promotes companies. I believe it’s a matter of time before the SEC gets involved and starts prosecuting traders for pumping OTCs. The Financial Times is taking notice of the OTC market, picking out two traders – Alexander Delarge & Canadian Jennifer for their role in pumping SpectraScience, a company that hasn’t filed financial results since 2017!

Although Stan does have a lot of haters (among them Tim Sykes) I don’t have anything against the guy. He’s attracted a lot of new attention to the OTC markets, most of which shouldn’t be anywhere near the financial markets. While it’s possible to make money with Stan’s plays, I advise you to thread carefully. Don’t get caught holding the bag.

Jack Kellogg: Sykes’ Superstar Student with $5 Million in Profits

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Jack Kellogg aka Jackaroo is a day trader who is making a killing with penny stocks. You most likely come across Jack on Twitter, Tim Sykes is non-stop tweeting about his trading profits!  The market in early 2021 is crazy and Mr Kellogg is taking advantage of the bull market. Despite the recent success, the journey to millions didn’t happen overnight.

Unlike your average high school student, Jack Kellogg never had plans to attend college after graduating. He was never top of the class, preferring sports and gaming over academics. Jack wasn’t lazy by any means, he simply didn’t enjoy school – well who does apart from the partying!

Working as a valet attendant since the age of 16, he carefully saved up money with the hope of launching an entrepreneurial venture in the future. He didn’t like the idea of working for someone else and was eager to be self-employed.

After graduation, he briefly worked as an EMT and volunteered as a firefighter. What a guy! As soon as Jack had accumulated $10,000 in savings, he was searching for new opportunities. Real Estate was the first thing that sprung to mind but never progressed with the idea.

As luck would have it, Kellogg bumped into a childhood friend at the gym who was a student of Tim Sykes. His friend advised Jack to watch some of Sykes’ videos and think about joining the Millionaire Challenge program. Once Jack started watching Sykes’ YouTube videos, he instantly became hooked.

In the hope of making some extra money, Kellogg stupidly gave his friend $1500 to trade with it on his behalf. However, Jack’s friend blew up the account and lost all the money. Slightly annoyed by this, Kellogg instead decided to learn how to trade for himself. Jack’s New Year resolution for 2017 was to learn everything he could about stock trading.

With $75oo left, Jack opened up a thinkorswim account and an E*Trade account for short selling. Like every new trader, he struggled early on with the fear of losing money and had inconsistent results. During this time, he was trading momentum stocks with morning spikes but kept buying the tops and selling bottoms.

After a few small losses he quickly realized he needed a mentor. In January 2017, he signed up for Tim Sykes’ Millionaire Challenge. Using his powers of persuasion, he convinced his parents to cover half the cost of the program.

Once he regained confidence he started short selling with a small margin account on E*Trade. Over the next year, the E*Trade account slowly declined, losing a third of its value.

Kellogg didn’t lose hope and kept working as a valet attendant while learning to trade. When he wasn’t working, the majority of his free time was spent studying – some days putting in ten hour shifts. Tim Grittani in particular was another important mentor for Jack. Similar to Steven Dux, the Trading Tickers DVD by Grittani was a huge help.

2018 was when the tide began to turn and Kellogg slowly grew his trading account. The account wasn’t growing as fast as he wanted because broker commissions of 20-40% were eating away profits.

In May 2018, Jack suffered his first big loss – a bad trade on $HEAR cost him $8,000. Wiping out all the profits he generated during that year. By this period, he was down $4,000 overall – a big hit that caused Jack to take a break from trading for three months so he could save up more money.

Jack came back in June 2018 with a new strategy and $29,000 sitting in his broker account. Not long after, he struck up a friendship with a user named MichaelGScott on Profit.ly. Kellogg noticed Michael was banking some steady profits and was interested in learning about his OTC strategy.

In August, Kellogg met up with MichaelGScott (Dominic Mastromatteo) and spent two weeks in Michigan trading with him live. The trip proved to be a key turning point as he made $7,000 during those two weeks. The knowledge gained was priceless and Jack developed a strong understanding of trading OTCs.

Literally in the next month, Kellogg’s effort began to reap rewards with the new strategy. Four straight $2,500 weeks resulted in a $10,000 month for September. October was a slightly better month with $11,000 in profits. To finish off 2018 on a high, he made $11,000 in the final two months. Finally the persistence was paying off and he took the plunge to trade full-time.

He moved to Michigan to team up again with his trading buddy Dominic Mastromatteo. This time on a permanent basis. The move instantly yielded results as Kellogg banked $48,000 in February 2019.

Since then, Kellogg has exponentially grown his account behind all expectations, surpassing $5 million in profits as of February 2021.

Jack Kellogg profit.ly

Currently Kellogg prefers to swing trade OTC stocks and momentum scalps. Kellogg also is learning a new strategy from Harry Hoss, he likes to use the lower-risk strategy of buying bounces. The key part is getting in and out quickly and risking off of your entry price. If it starts to fail, you can quickly exit the trade.

Low-risk trades remain his main focus as he doesn’t want to risk trading with a lot of capital anymore. Despite the recent success, Kellogg remains a cool humble dude.

He’s even helped his girlfriend Mariana Hincapie get started with trading. Mariana began trading in July 2020 and has already made over $700,000. Wow, mind blown! January and February were also huge months for the power couple as the markets were crazy!

If you want to start your own trading journey I recommend checking out my Tim Sykes review. Although you won’t achieve the same level of success as Jack Kellogg you can always dream!

My Investing Club Review: is it Worth the Price?

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Founded in 2018, My Investing Club is a day trading community run by experienced traders Bao Nguyen, Alex Temiz and Tosh Bradley. MIC is slowly growing their service and is now home to over 2,000 active traders. Members are provided with a top notch trading education and mentorship to ensure they are given the best chance to succeed.

In this review, I’ll cover everything you need to know before signing up including both the pros and cons.

The Founders

The first thing I noticed about the founders is they all specialize in different trading strategies. Bao Nguyen (@modern_rock) is an industry veteran who is an expert at day trading/short selling penny stocks. The younger Alex Temiz focuses on Level 2 tape reading and Tosh Bradley swing trades.

In addition to these three guys MIC has a team of over ten moderators to run the community. The moderators role is to keep the community running smoothly and offer support for new members.

What’s included in the Membership?

My Investing Club is a well-rounded service offering subscribers a tonne of educational material, almost too much. They have a video lesson library of trade reviews and tutorial videos, a chat room, live webinars and DVDs.

MIC has three different membership levels – monthly, annual and lifetime. Aside from the cost, each plan comes with different benefits. The more you pay, the more education you receive.

My Investing Club Plans

  • The monthly plan is $197 per month and in return you get access to the live chat room, video library, all the DVDs (except Jumpstart Accelerator), weekly webinars and TAB program.
  • The annual plan costs a cool $1,890 per year. For this fee you get everything from the monthly plan plus one-on-one mentorship, weekly trading recaps, historical MIC archive, free access to MIC events, personalized trade reviews and large cap/option trading strategies.
  • Finally the lifetime mentorship is a one-time fee of $6,995! This mind boggling fee grants you exclusive access to the MIC Jumpstart Accelerator, live trader clinics with Alex and Tosh, early access to unreleased videos, early VIP entrance to events and reserved front row seating. You need to apply for the lifetime membership and go through a screening process as they don’t accept everyone.

Chat room

The chatroom is hosted on Slack and the channels are neatly organized to make it easy to find what you’re looking for. In addition to the main trading chat room, there are other channels for blue chip stocks, options trading, OTCs, swing trading, after hours and much more.

The newsfeed channel is a useful feature that shares real-time breaking news. You can enter the @get + ticker command to pull data for a certain stock – shares outstanding, float average volume, social media activity and SEC filings.

There’s also a TAB (trading accountability buddy) channel where you can pair up with another trader to help keep you disciplined. Overall the chat room atmosphere is quite friendly, it doesn’t have the toxic vibe others tend to have who bash new members for asking questions.

Video Library

One of main positives about My Investing Club is the massive video library. There are 750+ videos covering everything from trade recaps, tax planning, fundamental analysis, hotkeys, tape reading and more. The videos do get more detailed, there are in-depth tutorials covering their favourite strategies – first red day, first resistance, first bounce, death line and VWAP reclaim etc.

Luckily the videos are tagged by topic, so just use the search bar to find what you want as the library will contain videos you’ll have no interest in watching. Each video is also accompanied by a notes area on the right side of the page.

DVDs

Similar to Tim Sykes, MIC have a wide array of DVDs available along with their monthly membership. Currently the following list of DVDs are included:

  • Trading Fish Academy
  • Trading Basics with Joe Kelly
  • MIC Jumpstart Accelerator Course
  • Fundamental Analysis Series with ChicagoTrader

Learning Resources

There are a range of downloadable learning resources  – PDF guides, excel spreadsheet, checklists, scripts and more. The downloads include tutorial videos to explain how to get the most value out of each resource.

Member-Only Meetups

MIC regularly holds trader meetups so members can network and meet others in-person. If you’re an Annual or Lifetime member there is no cost, I’m afraid people on monthly plans will have to pay. Due to the pandemic, I don’t think there’ll be any in-person meetups for a while!

Pros

  • Opportunity to learn from successful traders, Bao Nguyen alone has allegedly made millions through trading OTCs.
  • Daily webinars to keep members engaged and answer any questions they have.
  • Membership content is very well-organized. Video lessons and downloadable resources will save you a lot of time compared to looking for this information for free online.

Cons

  • Overall the prices are expensive and it’s only worth it if you have at least $10,000 to trade with.
  • There’s more of a focus on short selling but there are resources for long-biased traders. Not everyone is comfortable shorting stocks.
  • Difficult to find reviews of the service outside of the testimonials on their website and YouTube channel.

Coupon Codes or Special Discounts?

I hate to be Mr obvious but simply search for coupon codes on Google and you will find various sales pages from LaunchPass.com. It appears they forgot to take these down and may have been left active by mistake.

Examples of a coupon code I found:

SAVE200 – try using this code on the monthly and lifetime plans.

Trading Tickers 2 Review: Tim Grittani’s New DVD!

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Hallelujah! Tim Grittani has finally released Trading Tickers 2, a sequel to one of the highest rated penny stock DVDs! A lot of people within the day trading community are eager to find out what the DVD will cover and if they should buy it! I’m going to share with you what I learned from it so you can decide for yourself.

Chapter 1 

Something that really stands out for me in Trading Tickers 2 is how Grittani openly talks about some of his biggest trading mistakes. While he’s made $13 million day trading, it hasn’t come without major setbacks which he has shared on Twitter in the past.

Grittani’s golden rule is now about sticking to your trading plan and not adding to losers. He has dramatically downsized to master risk management.

Chapter 2

In chapter 2 he tackles some of the most asked questions around trading – covering the best brokers, software and apps to use to gain an edge. He also covers how to use the fundamentals to make sensible trades on a daily basis.

Chapter 3

This is where Grittani cracks out the spreadsheets – showing how he uses them to track data and optimize trading strategies. Loyal followers will know he’s a big nerd when it comes to tracking data and using statistics to improve your odds of success with setups.

Chapter 4

In this section he reviews and updates every strategy revealed in the original Trading Tickers. Tim also gets a little wild and does 7 live trading demonstrations of how he improves these processes.

Chapter 5

In chapter 5 covers how he fixed a losing strategy by making adjustments to his risk management along with 7 live trades following these new rules.

Chapter 6

Oh this is a good one, Tim Grittani shares a new technical strategy for overnight trading which takes you through a detailed breakdown of the setup criteria he looks for.

Chapter 7

As we’re coming to the end of the DVD the education keeps coming. He breaks out his favourite method for getting into stocks at the right time when they’ve dropped with all the pattern setups broken down in detail. Can be tough to follow at times, highly recommend re-watching to drill the information into your mind.

Chapter 8

The last section involves digging into more data, shock. He talks about how his data repository helped improve his trading on a widely known trading setup.

Review from B The Story

Conclusion

No doubt the first thing you checked when reading the sales page was the cost. Early bird pricing is set at $997 and price will go up significantly on Thursday, February 11th at Midnight. $997 is a steep price tag for an educational course during these tough times. Don’t particularly like the way he’s using these tactics to boost sales and make people buy in the fear of missing out on a sale.

I’m not 100% sure, but Trading Tickers might be included as part of Tim Sykes’ millionaire challenge program. You might get an email from Sykes if you’re a part of his insider circle.

To save money it might be wise to partner up with a trading friend to split the cost of the DVD. $498.50 is a bit more digestible. Overall it’s an excellent DVD and an opportunity to learn from the best penny stock trader in the world.

Trading 212: Are They a Suitable Penny Stock Broker?

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Trading 212 is a London-based broker aiming to make stock trading more accessible to the world. Founded in 2004, they have become the UK’s answer to Robinhood, helping anyone who can scrape together a few hundred pounds to start trading.

The brokerage offers access to a wide range of assets from CFDs, ISAs, Forex, regular stocks to penny stocks. For this review, I’ll be focusing on the latter.

Trading 212 originally launched in Bulgaria under the name Avus Capital but later rebranded to a cooler sounding name. They were granted a licence by the FCA to operate in the UK in 2013 and over the last five years have rapidly expanded their user base.

Commission-free trades

A key part of their growth is down to following a freemium business model – providing free basic services and hoping users will progress to using the paid services. Who can say no to commission-free trades?

Similar to most brokers, Trading 212 have a web-based trading platform along with a mobile app. The mobile app is hugely popular due to its simplicity, receiving over 15 million downloads and growing.

Surge in Growth

Millennials have been flocking to the app since lockdown, casually trading stocks to get through the boredom. As you know, the financial markets have been crazy this year. Watching amateur traders battle against Wall Street pros has been hilarious and the penny stock market is also red hot. Novice traders banking huge profits gambling on low-priced stocks now think they’re the next Warren Buffett!

Searches for ‘penny stocks’ on Google in UK/Europe have been skyrocketing in 2021. The only issue is finding a suitable broker for shares under $5 in Europe is tough. Luckily Trading 212 are here to help. They provide access to a few hundred penny stocks that mostly trade on legitimate exchanges such as the NASDAQ and NYSE. While they’re not perfect, limited access is better than none!

Below is a sample of ten penny stocks that can be bought on the platform – these companies were chosen at random and the prices will be subject to change.

List of Penny Stocks on Trading 212

CompanyTickerExchangePrice
Salem Media GroupSALMNASDAQ1.80
Iconix Brand GroupICONNASDAQ2.66
Senmiao TechnologyAIHSNASDAQ1.77
Borqs TechnologiesBRQSNASDAQ1.55
Bimini Capital ManagementBMNMOTCMKTS1.05
Sunlands TechnologySTGNYSE1.80
Emerson RadioMSNNYSE1.62
SupercomSPCBNASDAQ1.86
Citius PharmaceuticalsCTXRNASDAQ1.30
Motus GIMOTSNASDAQ1.50

Although low-priced stocks are fun to trade, it’s only fair to cover both the pros and cons of trading them with Trading 212.

Pros

  • Low account minimum – only a £1 deposit is required to open an account. In general it only takes one business day to set up an account.
  • Commissions-free trades on stocks and EFTs and no inactivity fees. Trading 212 makes money on the small spread between the bid and ask prices.
  • Demo accounts are available as well as video tutorials. I recommend paper trading with virtual money first to get to grips with the basics.

Cons

  • Limited selection of penny stocks, Interactive Brokers have a wider list of stocks to trade but do charge commissions – a surcharge of $0.005 per share.
  • Customer service isn’t great, having millions of customers and not enough customer support staff is not a good match.
  • Not suitable for active day traders – those placing over four trades in a day. More suited for buy and hold type investors.