Hi Gracie
Thought I'd throw my 2cents in about PPP. And how to make huge returns from their info.
I agree, by the time your reading about it in PPP newsletter, your too late for the basing phase, in the lifecycle of any penny stock.
In their defence, PPP can't make any stock calls in this basing phase as it would be too risky for their subscribers / clients, and they wouldn't survive in business very long giving out dud tips. The most important thing with any of these tip sheet companies, broker advice etc, is to throughly do your own research.
I'll developed a formula I use, to take advantage of ppp info. Briefly it goes like this. I hardly ever act on their info straight away. I wait for the pick to eventually implode, (it has to 80% or more of the time, it's a penny stock) and then the company becomes so unloved, that eventually the stock starts back at the basing stage once again. Could take 18 month's or more for the cycle to play out. And that's when you buy, provided it checks strict criteria.
Here's an example of one that's playing out now. About 18 months back ppp did this report on GMR. Anyway it all turned to crap, no surprise. Now the companies regrouped and refocused. The Co's EV is 6 Mln, yet their JORC'ing up a possible 600k plus oz gold resource which will be worth 24 Mln in the ground. Is this a good punt, it is to me. Will I benefit, within the next 3-4 months, most likely. Check it out!
Anyway enough of PPP, probably a bit passionate, because I've made sooooooo much money from their info, and the way I process it. Don't mind giving them a thumbs up.
As with all stocks, patience and timing is the key to financial success.
LTH of SGQ are now reaping huge rewards for taking a position in the basing phase, believing in the company and especially JP and crew. And that were you have to buy to protect your capital and have longterm success in the markets.
Have a great day everyone, and enjoy sgq's exciting journey.
Cheers
Tradealot
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