More to think about. You're right though if you want to ride this one up for a bit but definitely plan on making a quick exit.
I did a real interesting analysis on the stocks listed on www.pennystock.com. I looked specifically at
the following 9 stocks which were all of those listed (BNGO, MOOR, GRHRF, PSVC, WINR,
GAMX, GGGI, DREV and LXPYRF -- I did not include CCCZ because it was posted on 9/4).
Here are my thoughts:
The good news
The good news is that the lower the price of the stock they recommend, the better it did. And the
only real score listed on that entire page involves gambling (had to throw that in there since I own
NRAG).
BNGO was recommended on 9/96 at a price of 1.75. It currently trades at 7.2 this was the only
winner in the group.
DREV was recommended on March 26, 97 at a price of .62. It currently trades at .66
The bad news
The rest of the stocks they pick end up in the toilet.
MOOR was recommended on 10/96 at 3.00. It currently is .61
GRHRF was reommended on 10/96 at 1.85. It currently is .87
PSVC was recommended on 12/96 at 2.50 It currently is .45
WINR was recommended on August 26 (a few weeks ago) at 4.78 It currently is 3.75
GAMX was recommended on August 13 (a few weeks ago) at 2.12 It currently is 1.25
GGGI was recommended on April 4, 97 at 3.00 It currently is 1.80
LXPYF was recommended on 12/96 at 1.87 It currently is 1.2
My analysis:
If you read the hype and the projected 12-24 month prices, you realize that this site is full of crap.
They have exactly one stock that realized any stated potential. The rest fell abysmally below any
legitimate expectations. I would not trust a stock from this site for anything. And when you read the
hype, hype, hype language for each stock, you begin to understand why. It is not informative; rather
it reads like a hard sell. so here is an interesting point. Someone posted a page for NRAG that used
to be there. Here, apparently is the history behind that. NRAG retained Alexander Troy back in
February I believe and then this page made it on the pennystock site in April. By June George had
terminated his agreement with Alexander Troy and demanded the return of 2/3 of A Troy's shares in
NRAG that he had given them. George must have had some problem with them to do so that
quickly. NRAG now no longer appears on the pennystock site. A new stock, however, does:
CCCZ. And guess who their new promoters are. Alexander Troy. Based on the past historical
performance of the stocks I have cited above, I will be staying far away from this one. I also feel
more comfortable understanding that George made an early decision to remove Alexander Troy
from his team and remove NRAG from being listed in the inflated manner that it was on the
pennystock site. good luck to those that do enter a position in CCCZ. BNGO was a pick that
performed well for the pennystock site. But remember it was just one among all the others that
failed miserably. To the credit of CCCZ, it is trading very, very low right now and probably HAS to
go higher if anything of legitimate worth materializes for them. I'm not at all saying don't invest in
them. I am saying be very wary and do some good research. I will be listening and if anyone
provides info on CCCZ that I view as pretty solid OUTSIDE of the pennystock hype, I would
consider this one. For now, I will stick with others. |
