Microcap Millionaires Examination: Is it a Ripoff or What?
So you are looking for an authentic review of Microcap Millionaires? Let’s settle the score once and for all. Lay out all the facts…. all of the pros/cons of this “service” and go from there.
Web Address: Microcapmillionaires.com
Site Design: Very basic (a bit ugly), long sales pitch about trading penny stocks for profits.
What the heck is this service exactly? Matt, the editor of Microcapmillionaires.com sends out frequent (almost every trading day) email updates. Some contain new stock picks, others are just updating the status of current stock picks.
Are the stock picks just companies that Microcapmillionaires is paid to profile/promote?
Actually…….no. You have to be careful when looking at paying for a subscription to any penny stock newsletter…since some charge you for a subscription then only want to send you picks they were paid promote! What a crock. From what I have seen Microcapmillionaires stock picks are all unbiased stock picks that are not typical “pump and dump” picks you see being pumped up from all the other newsletters.
The stock picks that are sent….are they any good?
Matt is pretty good at picking stocks that have been oversold and are due for what he calls a “bottom bounce”. He has a few other strategies that don’t seem to work quite as well. Altogether the picks present ample opportunity for anyone with the ability to trade the chance to make some nice profits.
How much does the newsletter cost?
$49 a month. Automatically billed the same day each month (the date that you joined). So basically if I join on March 10 I will be billed each month after that on the 10th.
Is it worth it?
I think so…without a doubt! I’d say you need about $500 to start trading with though. Don’t try trading with $50 while you are paying $50 subscription fee.
Can I cancel my subscription without having to jump through hoops?
Well I haven’t cancelled my subscription but Matt claims all you need to do is email him and he will process the cancellation for you…but I can’t comment on it further than that.
Anything BAD about Microcapmillionaires? If you are the type that likes fast action “chat rooms”…well this isn’t for you. Matt only sends out updates via email. That’s about the only thing I can think of that people might not like about the service.
Conclusion: Amidst hundreds of paid penny stock promoters…Microcapmillionaires is a breath of fresh air. No conflict of interest on their stock picks and average people who work a job can still make good stock trades using this service. The average stock pick is held for few days so it’s not like you have to be setup like a daytrader to make this work. The monthly fee of $49 is reasonable as long as you have the ability to actually trade the stock picks most of the time.
Get you some
hot penny stocks right here boy!
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