Penny Stock Recommendations - Looking For Penny Stock Newsletters That Don't Suck?

Arguably, the best penny stock recommendations beginner and veteran traders alike will acquire come from newsletters. These are online publications dealing with the matter of trading in microcap companies and their shares with most sites also providing for information on daily stock movements, weekly hot stock picks and other related trends. Truly, these newsletters are excellent venues to acquire reliable, valuable and timely information to make profitable penny stock trades.

But just because a penny stock recommendation is contained in an online newsletter does not necessarily mean that it is good in any way. As the saying goes, not all newsletters are crafted equal in the eyes of veteran traders. The choice of the right newsletter is obviously of utmost importance and for which we have the following tips in choosing the best one among the lot:

• The penny stock recommendations must be based on sound application of fundamental and technical analyses as well as other forms of research. If the site only recommends certain microcap stocks for flimsy reasons but relies on hyperbolic statements, then we suggest clicking away - it may be a pump and dump scheme.
  • The results for each particular past penny stock recommendation must be posted. In this way, you can determine the "success rate" of the individuals behind the newsletter. You will obviously go for the site with a high rate of success in forecasting the hot stock picks. (Verify the results to be on the safe side)
  • The claims made are reasonable considering the high risk and high volatility nature of microcap shares. The penny stock recommendations should be able to post gains in realistic terms within a reasonable length of time. (Nano shares will not make any trader obscenely rich otherwise Warren Buffett will be in on it faster than lightning)

Just as you perform research on penny shares, then you must also do so for the newsletters giving updates, advice and tips on the matter. Here then are four newsletters worthy of your attention:

• The penny stock prides itself for being a top recommendation by Barron's and Forbes. This site picks stocks trading in at under $5 at the New York Stock Exchange, Nasdaq and American Stock Exchange. Its penny stock recommendations have acquired gains in the thousands of percentage - an impressive track record, if we do say so ourselves.
• Microcap Millionaires looks like an e-book but it is more than just a hyped collection of articles. You can actually find many a good penny stock recommendation from this site although you are required to enroll in a paid subscription program before availing of these recommendations.
• The Hot Penny Stocks is definitely a great place for beginner and veteran traders to find hot stock picks. On the home page itself, almost everything that you will need to pick out the best stocks of the day are presented. The most active stocks are presented along with the site's top three picks.
• Timothy Sykes is a well-known trader with accolades from his colleagues and clients by virtue of his online newsletter. You can access blog posts, top picks and video tutorials, among others, to hone your trading skills and to identify the hot picks.

From these newsletters, you should be able to enjoy more than a few penny stock recommendations. Take advantage of these services, learn, use their trial period and let your prosperous investment journey begin.