SCOTTSDALE, Ariz., May 18, 2006 (PRIMEZONE) -- QualityStocks reports that penny stock tips likely offer better gambling odds than a trip to Las Vegas. In March 2006, QualityStocks tracked and performance-analyzed over 2,000 stock tips covering the OTCBB, Pink Sheets and AMEX.
One in five stock recommendations closed up by at least 10 percentage points on the day of the pick, and 1 in ten stocks closed up by at least 20%. Mike Brown, Editor at QualityStocks, commented, "These statistics dispel the myth that you cannot make money trading penny stock recommendations. Traders who follow these picks largely have a gambling mentality and we are betting that one in ten visitors to Las Vegas do not walk away 20% up on their visit."
Quality Stocks is a free service that collates the Micro Cap Stock Picks featured by over 150 online Investment Newsletters into one free Daily Newsletter Report showing the Winners and Losers on the day. By following our free newsletter, traders can spot the more successful investment newsletters for particular sectors or price trading ranges.
Examples of recent stock picks suggested by online investment newsletters and tracked by QualityStocks include:
W2 Energy, Inc. (Pink Sheets:WWEN), a developer of green energy, opened April 2006 at $ 0.021, has closed as high as $ 0.32 and closed yesterday at $ 0.195. Consistent coverage of the company by online newsletters has stimulated investor interest, with significantly higher trading volumes of the stock in May 2006.
National Storm Management, Inc. (Pink Sheets:NLST), an expanding national construction company specialized in storm restoration management, opened April 2006 at $ 0.14 and closed yesterday at $ 0.39 on significantly higher average trading volumes of late.
Indocan Resources, Inc. (Pink Sheets:IDCN), a company with oil and gas interests in Texas, Oklahoma, Alberta, British Columbia and Cambodia, opened April 2006 at $ 0.0006 and closed yesterday at $ 0.0029 showing strong recent trading.
Silverado Gold Mines Ltd. (OTCBB:SLGLF) has traded in a fairly even range over the past 6 weeks with strong trading interest, and coverage from 6 investment newsletters this year as well as a feature in March 2006 on BTV - Business Television Profiles.
About Quality Stocks
Quality Stocks is a free service that collates the Micro Cap Stock Picks featured by over 150 online Investment Newsletters into one free Daily Newsletter Report showing the Winners and Losers on the day. To sign up, visit www.qualitystocks.net.
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