Name: Penny Stock Sniper
Owner: Jeff Avery
Price: $97 One-Time Registration Fee
Rank: 0/100 – Scam
What Is Penny Stock Sniper?
Just as stated in the name, Penny Stock Sniper is an online marketing product that focuses on profiting off of small penny stocks. This product created by Jeff Avery claims any individual can earn large amounts of profit by using his system.
This review will give you the breakdown of whether Penny Stock Sniper is a scam, or not, and how penny stocks actually work.
Last but not least, before diving into this review, you may also feel free to read over my latest penny stock scam review, titled Net Penny Stocks Review. Highly similar in nature, this product claims to be the “ATM” that you need. The reason I’m showing you this, is because no matter the product you intend on buying, the most important aspect of all, is the underlying method.
What Are Penny Stocks?
First and foremost, the most important aspect we need to briefly cover are actual penny stocks and how they work. Penny stocks is an interchangeable term for micro-cap stocks. Therefore meaning, ‘small’ or ‘miniscule.’
I find this term to be very misleading however, because though the investment may be small, the risk tends to be very high.
Typically, most amounts below the $5 threshold is considered a penny stock.
What Makes Penny Stocks More Risky?
#1 – Lack of Available Information to the Public – Because of this low transparency of information, it becomes increasingly difficult for investors to make a properly informed decision. As a result, penny stocks are not as regulated as regular stocks.
#2 – No Minimum Standard Requirements
#3 – No History of the Stock – Micro-cap stocks or penny stocks are actually created because the company is either newly formed, or on the verge of bankruptcy. As a result they can either have poor records or none at all, making it all the more difficult to determine the potential of the stock.
#4 – Low Liquidity – Last of all, they have very bad liquidity. This may in-fact be one of the worst disadvantages of all as it interferes with how well the stock will sell. As a result, it can be increasingly difficult to find a buyer for that particular penny stock.
This will put you in the unfortunate position of having to lower your price of the penny stock, until it may or may not seem attractive. Another disadvantage, is it provides the highly scheme-like opportunity of a “pump and dump.”
That is, the purchasing of large amounts of stock, hyping them up, then selling them to potentially attracted investors.
Penny Stocks Recap:
To recap this section, penny stocks have not been looked upon so highly, and as a result of the lack of information, and very poor liquidity, have made them a very easy target for individuals by penny stock scammers.
The most common including:
– Biased Recommendations – When company owners and CEO’s actually bribe various individuals, especially online, to recommend the stock of that company in various media outlets. Results in spam e-mail in the attempt to persuade you to purchase their stock.
– Offshore Brokers – When companies sell stock overseas at a discount to foreign investors, in-turn selling them back to U.S. investors at a profit.
– The Penny Stock Fallacy – A scam based on the false opinion and hopes of investors who believe just because a stock may be listed at a price of 10 cents, they can gain more profit. By the stock increasing by another 10 cents would mean they essentially have doubled the amount of profit. That and the fact, a $2,000 investment can also buy 20,000 more shares, seem to convince people that penny stocks may be a solid method of making an income. However, what they seem to ignore is the fact these penny stocks can decrease 10 cents as well, causing them to not only lose double its value, but sometimes all of it!
As a result, penny stocks most often do not succeed, causing a higher probability of losing an entire investment.
How Does Penny Stock Sniper Work?
Now getting back into Penny Stock Sniper, its owner Jeff Avery, tries to convince us, that despite its inherent high-risk venture, low transparency of information, and worst of all, its low liquidity, that we can still make a hefty profit off of penny stocks.
Penny Stock Sniper operates based on the ability of taking greater advantage of extremely cheap penny stocks. He claims that once you find the right penny stock, you can pretty much take that same action, and repeat it as many times necessary.
How To Get Started?
The first thing needed before starting, are your contact details including a valid e-mail address, your full name, and phone number.
After registering, you will be able to download four of his special money-making reports that include:
#1 – How To Minimize Risk and Maximize Profits
#2 – Two Dirt Cheap Stocks Set to Explode in 2014
Along with two other reports.
How Much Is Penny Stock Sniper?
For a $97 one-time registration fee, you will gain access to Jeff Avery’s stock information, including alerts to new penny stocks, and whether to invest, or not.
In addition, you are given his “secrets” to getting out of debt and gaining more profit and wealth when using penny stocks.
Is Penny Stocks Sniper a Scam?
To finally come up with our verdict of whether or not Penny Stocks Sniper is a scam, we must fully understand how the product operates.
It first claims that it uses a method that spies into important company stock information, even before its release to the public. This seems to be an important necessity to the success when using Penny Stocks Sniper, as obtaining this confidential information beforehand can help to give you a better estimation of how well that penny stock will do.
Without this information, the risk remains very high.
Apparently, all you need to do in order to properly use the Penny Stock Sniper system, is to begin investing in whichever stocks Jeff Avery tells you are good to go. These are given by his alerts by e-mailing and text, which is why he takes your phone number upon registration.
However, we don’t even need to predict or observe the legitimacy of Penny Stock Sniper. In-fact given the information on penny stocks above, we can very easily conclude that Jeff Avery is nothing but another online marketing scam artist, who has taken a very tight grasp on penny stocks, and exploited its target audience.
As previously mentioned, there have been a wide number of highly fraudulent cases when it relates to penny stocks. Penny Stock Sniper is in no way an exception to this rule and can easily fall under the categories of both:
Biased Recommendations and Penny Stock Fallacy.
The Penny Stock Fallacy furthermore, can even make for an extremely strong case here, by offering highly false and misleading information, of the potential profitability of small penny stock investments.
What Jeff Avery fails in explaining to us, are the many downsides, disadvantages, and risks, with these constant penny stock investments.
Penny Stock Sniper Overview
To conclude, don’t get me wrong, as I am not saying penny stocks overall are a scam. But rather, the system being offered to us itself. To believe that somebody, or anybody, can just go ahead, and steal information from a company before its public release, would mean this guy Jeff Avery would need to be constantly hacking company databases.
And exactly what guy would go ahead and take such steps and measures to do so not only for his own potential profitability, but the profitability of others?
And what guy would expose himself as such and risk his entire life on the line by using it for his own potential ‘fame’?
Last but not least, what guy would not just use this information for himself and for his own profit if he really claims all this, and instead, share it with everyone else, also for his profit?
See, that alone does not make any sense! Ask yourself honestly, these questions, and see what kind of answers you come up with.
Furthermore, for a great alternative and method to making an online income, feel free to read My #1 Recommendation. This product will help you or anyone interested in online marketing, make a legitimate online income. Although this does not require investing, is an excellent way to begin building and creating assets, that will help you to make an online income for many years to come!
I believe it is more than safe to say, Penny Stock Snipers by Jeff Avery is nothing but a huge scam and fraudulent case that deals with the investment of something that is already high-risk, questionable, susceptible in nature!
Thank you for reading this Penny Stock Snipers Scam Review. If you have any comments, questions, or concerns, please leave them below!