Doubling Stocks is NOT a PR firm,NOT a PROMOTER. They are software engineers and they tell you not to buy the stock if you get the information more than 24 hours after they have given the recommendation. This newsletter has been running since 2006 and the average return of each stock is 105.67%. The first stock I witnessed went up from $.325 to $1.04 in 4 days,an increase of 220 percent. I made $2,108 because I used a trailing stop.
But it went back down to where it came from even quicker. They do not guarantee you will make money. You have to know what you are doing not to lose money trading;ie. the absolute need to use TRAILING STOPS after you have bought.Use a TRAILING STOP that is easily available when you sign up with a Scottrade account and you cannot lose anymore than the percentage you allocated as a trailing stop from the peak of the stock price. Trailing stop is a stop-loss order set at a percentage level below the market price - for a long position. The stop price is adjusted as the price fluctuates. Using a trailing stop allows you to let profits run while cutting losses at the same time.Unfortunately,Scottrade is unable to enter order because stop and stop limit orders are not allowed on Bulletin Board and Pink Sheet stock orders.
If you want more finance background and to sign up for a Scottrade account,check out: Finance-Investments
Then sign up, place your first trade, and start living!
These are the brilliant thoughts of Michael himself in his latest email; I am not giving away any picks,just showing you how thoughtful he is:
As I'm sure you're aware, DoublingStocks has not sent
a stock pick for 8 weeks now.
Over the last 2 months I've been watching as the markets bomb, turn on CNBC and its all doom and gloom. Just in the past week there has been some of the largest falls in the DOW since 9/11.
And I chose not to release a stock pick, because I wanted to keep my subscribers out of the financial turmoil.
But I also wanted you to wait. Because though you might
think your source of easy money from this newsletter is
over with the current financial crisis... you'd be wrong.
Have faith, because if you get in at the right time on the right stocks... This current financial crisis, could be the best thing that ever happened to your personal finances.
How could all of this possibly be a good thing?
You' see: Like it has always been in history, when the markets are tanking the rich put there money in Gold for safe and steady returns.
And now is no exception...
This recent activity has already boosted the price of gold. And already the value of gold has risen 17% in the last week alone. Thursday last week was the single largest one day price advance in gold, ever.
And what this does is, it brings attention to gold bullion as a commodity, and gold related stocks.
Gold mining companies, gold refineries... all of them are bathed in media attention whenever the markets fall drastically.
The Canadian market started rebounding this week. And if
you dig a little deeper just look...
Among the companies previously driving down the Canadian market,
Royal Bank of Canada was off $1.93, or 4.2 per cent, to $44.57. Canadian Natural Resources Ltd. fell $4.17, or 5.2 per cent, to $75.44. Research In Motion Ltd. was down $5.63, or 5.2 per cent, to $102.
Gold stocks were among the few bright spots on the TSX...
Barrick Gold Corp. was up $3.03, or 9.8 per cent, to $33.90.
And at least for the foreseeable future, the only financial instrument expected to rise is Gold. Like I said, gold has already risen 17% in the last week, and is showing no sign of stopping.
From what I've written above, you can tell I believe and most experts believe gold is going to keep rising.
But, as long term subscribers will know, I rarely recommend the buying of Gold or any other commodity for that matter.
You' see an even better way to profit, rather than buying gold is to take advantage of the fact the markets are down and gold is going up... By snapping up a gold related stock at a bargain price.
Not only do I expect gold related stocks to do well, because of increasing revenues (due to a higher price of gold) and increased attention from the media... you'll also be able to take advantage of the natural rebound in stock prices after a drastic fall like we've just witnessed.
In fact, this rebound has already begun. The other day...
- The S&P 500 advanced 49.94 points to 1,206.33, recovering most of yesterday's 4.7 percent tumble.
- The Dow surged 410.03, or 3.9 percent, to 11,019.69.
- The Nasdaq Composite Index jumped 100.25, or 4.8 percent, to 2,199.1.
- Seven stocks advanced for each that fell on the NYSE.
For the reasons I've listed above, I obviously believe just about any gold related stock is a good bet at the moment...
But picking the 'right' one could make a huge difference to your expected profit...
Over the past 2 months, while not releasing regular stock picks I've been closely watching a particular gold related stock...
Predicting the markets would crash (although admittedly not to the degree they have done)... I knew a gold company would be the best bet.
I've got this certain stock in my sights, and think the combined factors of extra attention on gold companies, and the market rebounding could make this a double barreled home run for my subscribers.
If after I've finalized my research this stock is everything I think it is, then I'll be releasing it to you sometime early next week. Be sure to be ready...