I have just read and compared PennyStock Picks disclaimer on their picks to other stock promoters (i.e., futuresupershlock, thestockpage.com, stockplayer.com) compensation fees. PSP gets paid ONLY around $2500 to release their info. The other sites get paid between $100,000 to $300,000 for a report electronically disseminated adn whatever other methods they are using. Nobodys report and research efforts are worth that much. But, I would be more willing to believe a site that is low paid like PSP, whos fees for compensation, as they state in their disclaimer, is for their efforts to put together their research, company contacts, email, fax-blasts, and report. I also read their company background and they began picking stocks as a hobby, but to continue the site they had to get paid something for their efforts to stay in existence and keep the site going. I believe these guys are like you and me and not millionaires but just like picking stocks. Their salary is nothing compared to the others and I don't think they have a lot of money.
Edward |
