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Penny Stocks: The Next American Gold Rush |
List Price: $17.95
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Reviews |
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Rating:  Summary: No Substance Review: Great book to start off. Its a penny bible. I have made some nice money over the years investing in pennies....this book should be selling at 100 bucks...not at the amazon price. If there is one book you need..get this.
Rating:  Summary: Dan hit the nail on the head with this one Review: I enjoyed this book. Very easy to read and gets right to the point. No technical mumbo jumbo to confuse you. Gives you the fast and hard facts on penny stock investing while providing simple yet effective investing strategies. 2 thumbs up!
Rating:  Summary: REALLLY GOOD ADVICE BUT NO $5,000 CASH GUARANTEE Review: I have read this book several times and with each reading I have gotten hints on how to buy and trade very low-priced stocks, even including stocks selling for less than a cent a share. The rapid ups and downs of prices of these tiny stocks can be scary to the new beginner just starting out in investing in these small upstart companies. I just ran across a recently published book on penny stocks that comes with a $5,000 guarantee if the author's system does not make the new or old-time investor a profit. Try getting GUARANTEED PROFITS WITH SMALL STOCKS--THE ONLY STOCK MARKET INVESTMENT SYSTEM THAT COMES WITH A $5,000 GUARANTEE by R. Max Bowser. Believe me, it is so easy to read and understand. He shares his 30 years of investment wisdom. And he backs it with a $5,000 guarantee if the reader does not make a profit. Never before have I heard of any author make such a guarantee on an investment book. Bowser's book will greatly add to what you may learn in Dan's wonderful book.
Rating:  Summary: Great Insight - Great Information - Great Book For A Newbie! Review: Loved the info, the candor and the insights offered to a newbie interested in making a start in the Penny Stock - OTCBB Market. Great verbal illustrations of what NOT to do and great coaching for habits to form. Valuable information and resource locations for the Information Hound. I am VERY GLAD I read this book first in a string of 5 I ordered on OTCBB Trading. You will not be sorry!
Rating:  Summary: Dan and his Penny Stock Book Review: Outstanding book for starting into pennys. Good description of the various ways to trade, and the forces behind the market. I'd highly recommend it to anyone who's considering penny stocks.
Rating:  Summary: Stellar book! Up to date! An inside look! Very helpful! Review: Outstanding, a lot I didn't know about the OTC:BB market. How to utilize market makers, what to look for in evaluating penny stocks, and strategies I can use even in Nasdaq. And It works!! I made 2,220 in my first month. I also have the book by Max B., but this one is far above!! Great book, and good for begginers and seasoned vets.!
Rating:  Summary: Expertly written Review: This book is expertly written and provides some great information. I also purchased and read The Guide For Penny Stock Investing which I liked better. They are both great books with allot of info but I found that the information in the Guide For Penny Stock Investing is more practical and so far it has helped me find a few stocks that doubled in price. The Next Gold Rush does a good job of providing a clear translation of many terms used so I would not ingore it either but I would definitely move on the the Guide once you have larned the basics and are ready to make some serious money.
Rating:  Summary: Pretty good book on penny stocks Review: This was a pretty good book on penny stocks. I like how the author mentions that visting message board communities to hunt for ideas and rumors etc, is key while investing in penny stocks. That is very true, and not many people realize it can be a fundamental part of the investment process in penny stocks. The one downfall this book has, is that it was written in 1999 when the market was booming and the economy was robust. Now it is much harder to capitialze on the penny stocks, specifically those involved with some sort of technological advance. I found nearly half to all of the websites mentioned... to be defunct and non-operational. This just shows those penny stock pickers that investing in a bear market in such small securities is hazardous to your wealth, and nearly impossible to capitialize on.
Rating:  Summary: Dan and his Penny Stock Book Review: Well first let me say that this is a very short book - easily read in one sitting with 118 real pages. Unfortunatley for this book, it came out in 1999 so as we know this was during the hayday of stock fever. I found that a lot of his referenced website's don't exist anymore and only a fraction of his bulletin board's mentioned still survive. He also talk's about them WAY to much. In the era of technology and pertinent information, this was it's major downfall. Where he recommends bulletin board's for talking to others about stock & recommendations, I've only found the "bashers" and the "pump and dump'ers". No real value there unless you get lucky. I mean he even defines "LOL". I could hardly believe it. Most, if not all his examples make it sounds like he's a zillionaire, yet he's made several thousand. Whoopie. I've only found on average that less that 3-5 stocks a day go up significantly, and finding out when one or two stocks in a 1000 is going to "pop", impossible. Day trading of penny stocks is not recommended but there are several decent strategies shown for several day and on holding/playing the game. Penny stocks are nothing like Nasdaq except the way you buy and sell. Uber-Volility is the name of the game and it's very easy to loose. I read the book and it makes it look it's just to easy.. well in 99', it was hard to loose. In today's economy, it's a whole different ballgame. If you need some strategies, this could potentially be a good book, otherwise it's far outdated with old websites, and potentially incorrect inforation for the well informed. Read's like it was written by a sophmore in high-school, so it maybe an easy to understand, but of questionable value on 2004.
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