Comments on: MicroCapMillionaires.com’s 919 Stock Picking System http://tradingsystemreviews.net/penny-stocks/microcapmillionairescoms-919-stock-picking-system/ ....Real Reviews of Trading Systems Tue, 15 Dec 2009 19:32:26 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Dave http://tradingsystemreviews.net/penny-stocks/microcapmillionairescoms-919-stock-picking-system/comment-page-1/#comment-1352 Dave Sat, 12 Dec 2009 20:01:56 +0000 http://tradingsystemreviews.net/?p=42#comment-1352 In the 3 months I was a member there was 2 winning picks for measly amounts and atleast 15 losers in which i lost quit a bit of money in 3 months.It is absolutely nothing like he claims in his pitch that you'll be receiving bottom bouncer recomendations on a weekly basis and all the other picks.I was receiving maybe 1 about every week,2 if your lucky and of course they were duds.I think this guy is just sitting back winging it and enjoying my 50$ a month.I don't need any help losing my money,I can do that by myself.One bit of advice,never use the free penny info on the web,they are pump and dump,you will lose money.Always ask to see there track record before joining any service,If they dont have it posted-RED FLAG.I see why Micro cap millionaires doesnt show or mention theres,and yes I understand that penny stocks are risky but there are much better analyst than this guy.BEWARE.Check out SmallCapInvestor.com these guys are good and are not afraid to show there track record,not to mention they only charge 189.00 for a full year.<ul><li><label>Overall Rating</label>: 1</li> <li><label>Price</label>: 2</li> <li><label>Ease of Use</label>: 3</li> <li><label>Performance</label>: 1</li> </ul> In the 3 months I was a member there was 2 winning picks for measly amounts and atleast 15 losers in which i lost quit a bit of money in 3 months.It is absolutely nothing like he claims in his pitch that you’ll be receiving bottom bouncer recomendations on a weekly basis and all the other picks.I was receiving maybe 1 about every week,2 if your lucky and of course they were duds.I think this guy is just sitting back winging it and enjoying my 50$ a month.I don’t need any help losing my money,I can do that by myself.One bit of advice,never use the free penny info on the web,they are pump and dump,you will lose money.Always ask to see there track record before joining any service,If they dont have it posted-RED FLAG.I see why Micro cap millionaires doesnt show or mention theres,and yes I understand that penny stocks are risky but there are much better analyst than this guy.BEWARE.Check out SmallCapInvestor.com these guys are good and are not afraid to show there track record,not to mention they only charge 189.00 for a full year.
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]]> By: Ryan http://tradingsystemreviews.net/penny-stocks/microcapmillionairescoms-919-stock-picking-system/comment-page-1/#comment-1334 Ryan Wed, 13 May 2009 23:18:53 +0000 http://tradingsystemreviews.net/?p=42#comment-1334 This is for real!!! I have made lots of money off the recommended picks. Matt explains the details of each pick very well so you know why your buying a particular stock. GREAT NEWSLETTER<ul><li><label>Overall Rating</label>: 10</li> <li><label>Price</label>: 8</li> <li><label>Ease of Use</label>: 10</li> <li><label>Performance</label>: 10</li> </ul> This is for real!!! I have made lots of money off the recommended picks. Matt explains the details of each pick very well so you know why your buying a particular stock. GREAT NEWSLETTER
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]]> By: Josh http://tradingsystemreviews.net/penny-stocks/microcapmillionairescoms-919-stock-picking-system/comment-page-1/#comment-121 Josh Tue, 24 Feb 2009 23:25:14 +0000 http://tradingsystemreviews.net/?p=42#comment-121 i made some good money lately with stocks given out by these ppl, but i think i got in when they were on a hot streak. not sure how long this can continue but it sure is cool for now. made a double with SAY and EMAG<ul><li><label>Overall Rating</label>: 7</li> <li><label>Price</label>: 7</li> <li><label>Ease of Use</label>: 5</li> <li><label>Performance</label>: 10</li> </ul> i made some good money lately with stocks given out by these ppl, but i think i got in when they were on a hot streak. not sure how long this can continue but it sure is cool for now.

made a double with SAY and EMAG

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]]> By: Herb http://tradingsystemreviews.net/penny-stocks/microcapmillionairescoms-919-stock-picking-system/comment-page-1/#comment-120 Herb Sun, 22 Feb 2009 22:35:03 +0000 http://tradingsystemreviews.net/?p=42#comment-120 Their newsletter picks have made me money, but make sure you use a limit order to get in or the volatility of this type of stocks can hurt you<ul><li><label>Overall Rating</label>: 7</li> <li><label>Price</label>: 8</li> <li><label>Ease of Use</label>: 8</li> <li><label>Performance</label>: 6</li> </ul> Their newsletter picks have made me money, but make sure you use a limit order to get in or the volatility of this type of stocks can hurt you
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]]> By: Neil Shaw http://tradingsystemreviews.net/penny-stocks/microcapmillionairescoms-919-stock-picking-system/comment-page-1/#comment-37 Neil Shaw Thu, 03 Jul 2008 07:05:39 +0000 http://tradingsystemreviews.net/?p=42#comment-37 The sales pitch is ludicrous, far too hyped and if they toned it down a bit they would probably be able to sell far more subscriptions as people might take them more seriously for what I have found to be a pretty good newsletter. Most of these stocks are under $1, often well under, so it's best to expect a total loss from the losers. However, the "wins" tend to be pretty big. On that front they say something in the blurb about how you can turn a few dollars into millions in a few trades - don't do this. Instead, break up your equity into smaller slices and invest these into the picks. I have found that they find winners around 2/3 of the time and as I said, the losers are pretty much worthless but the winners are usually good, so you can make money on this hit rate - they claim an average of 153% which seems a bit high, but they certainly do return enough to make money over the losers (I worked it out as 87% on average for the ones I have taken) Lastly, don't expect to make millions on this, the <a href="http://tradingsystemreviews.net/category/penny-stocks/" title="Reviews of penny stock trading systems" rel="nofollow">penny stocks</a> they trade in are very thinly traded, so you will find it hard to take a position of more than a few thousand dollars, but as a way to make a good return it is a very good newsletter, certainly the best I have found of this type.<ul><li><label>Overall Rating</label>: 8</li> <li><label>Price</label>: 9</li> <li><label>Ease of Use</label>: 9</li> <li><label>Performance</label>: 8</li> </ul> The sales pitch is ludicrous, far too hyped and if they toned it down a bit they would probably be able to sell far more subscriptions as people might take them more seriously for what I have found to be a pretty good newsletter.

Most of these stocks are under $1, often well under, so it’s best to expect a total loss from the losers. However, the “wins” tend to be pretty big. On that front they say something in the blurb about how you can turn a few dollars into millions in a few trades – don’t do this. Instead, break up your equity into smaller slices and invest these into the picks. I have found that they find winners around 2/3 of the time and as I said, the losers are pretty much worthless but the winners are usually good, so you can make money on this hit rate – they claim an average of 153% which seems a bit high, but they certainly do return enough to make money over the losers (I worked it out as 87% on average for the ones I have taken)

Lastly, don’t expect to make millions on this, the penny stocks they trade in are very thinly traded, so you will find it hard to take a position of more than a few thousand dollars, but as a way to make a good return it is a very good newsletter, certainly the best I have found of this type.

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