Monday, May 18, 2009

Penny Stock Investing is Alive...But Is It Well?

Okay, there have been several emails being shot out about today's stock pick from the Doubling Stocks Newsletter. The Stock Pick was UOMO, and has more than doubled since the market opened this morning.

Now, my entry point hasn't doubled yet because of a glitch with Scottrade, which I will discuss in a later post. I actually got in at an entry point that I was concerned about until just a few minutes ago...

I got in at .86.

Shoulda got in at .52

Either way, I will make some decent profits from this trade by the end of the week. Why don't you follow along. Below I have posted the last email/newsletter sent out by Doubling Stocks (Michael). If you want to get in, it's probably not too late. If you just want to follow along in a "paper" trading fashion, just to find out the effectiveness of the Doubling Stocks Program and the Penny Stock Picking Robot (program for your computer), do it!

Michael's email:

Ticker: UOMO
Yahoo: http://finance.yahoo.com/q?s=UOMO.OB
Website: http://uomolife.com/

This will be a short email... Becausethe market is about to open.This week's stock pick was just lastweek a small and rather boringrecord company.

But last Friday, they announced ina press release the launch of their new subsidiary "Ad UOMO".

This new business model is quiteingenious. Utilizing the companies existing relationships with music starssuch as Beyonce, Rihanna, BritneySpears and Celine Dion...

They are going to broker deals between advertisers and artists... Just imagine, businesses being able to put their products into music videos and their brandnames into song lyrics... As easily as buying newspaper ad space!

UOMO is one of the first companies looking to introduce product placement to the music industry on a "production line" type scale. One more thing... I'm so confident in this pick... I'm about to buy $100,000 worth ofthe stock. Right now.

Alongside all of my subscribers, I'm going to put $100k on the line. I've waited til now to do this, because then I will have the ultimate proof... That my picks just work.

Best Regards,
Michael Cohen

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