Archive for August, 2010

What I like about Matt Morris micro cap millionaires is that Matt is very flexible.  He’s always looking out for his members and finding new ways to make money trading stocks of all kinds.   Sometimes he just picks good “plays” or what he calls MM Trade Ideas. They may not be from the pink sheets or otcbb (some people are addicted to those) and they may not make you a 500% return.  But, you will make around a 10% return in a matter of days.  And that’s pretty damn good.   I’ll take it anytime!

Recently Matt has been venturing into the area of “oversold” stocks.  What he calls his “MM Trade Ideas.”  He makes sure these picks are very liquid, meaning they are easy to sell.   His goal is to make at least a 10% return on these picks.  The catch is that you need to use a lot of capital to make that percentage on these picks.  And, these stocks are usually stocks that have reacted to bad news.

In the last week or two Matt has played 3 stocks, for his members, that were all winners.  They were not pink sheet/otcbb picks.  It took 3 trading days or less for them to become winning trades.  They were:

MWA Chart (Aug 12 alert, Aug 16 exit)
COCO Chart (Aug 16 late afternoon alert, exit 2 days later)
BPI Chart (Aug 17 late afternoon alert, exit 1 day later)

Matt alerted his members to the fact that BPI (for profit college) might be a long term hold since they passed Obama’s student loan repayment threshold.

With this new trading strategy you need to have at least $3000 in your trading account.  You should be prepared to  be content with  only getting a 10% return in a few days of trading.  I  say be prepared to be content because a lot of microcap traders are hooked on the thrill of much larger returns in less time.   But it’s always healthier to diversify your trading and this is just another way of doing things that makes microcap millionaires the best penny stock picking service out there.  Diversification.

If you want a higher return and don’t have that much in your account to trade the MM Trade Ideas then you can just stick with Microcap Millionaires regular penny stock trading picks.


Here are some other penny stock and stock informational sites for you to browse. Thanks for visiting Microcap Millionaires Hot Stocks.



penny stocks
penny stocks
Penny Stock Rule: Definition from Answers.com
Best Penny Stocks To Buy - Answers.com Guides
The Madness of Penny Stock Trading
Trading Penny Stocks with A Moving Average
5 stocks with great potential - MSN Money
Penny Stocks List


I’ve seen many e-mails filling up my mailbox with stories of how this penny stock or that penny stock is going to make you  a penny stock millionaire.  They claim you need to get in on this penny stock or that microcap before it skyrockets.   It’s the next big thing, the next smart phone company, the next company to beat Microsoft out of the water, the next big weight loss company.  Don’t fall for it.  More than likely it’s just hype from a penny pumper.

I have learned from some of the members of Microcap Millionaires that you really can make a fortune in penny stocks. And, some people really have become penny stock millionaires.   But you won’t make a fortune buying one or two penny stocks and then holding on to them until the company becomes the “next big thing.”  No, you make money, lots of money for some folks, by trading lots of penny stocks very quickly.

So to do this type of trading you really have to have guts.  You have to take all your emotions out of the trade.  It is so easy to think, “WOW I just made a 25% return, let me hold on to this stock and see if I can turn it into a 100% gain.”  Thinking like that will get you slaughtered….like a pig.   So keep that in mind when trading penny stocks.   Take your profits.  Get in and get out while you are ahead and then move on to the next stock.   Maybe that stock will go to 50 or 100 percent but you have no way of knowing that.  Take the money and live to trade another day.

You don’t “buy and hold” ; you “trade” your way to becoming a penny stock millionaire.


Here are some other penny stock and stock informational sites for you to browse. Thanks for visiting Microcap Millionaires Hot Stocks.



pump and dump
pump and dump
Buying penny stocks??? - Yahoo! Answers
Penny stocks: High volume low value - Mar. 6 2009
AOL.com Search Video - Pump And Dump Stocks
cdnpennystock - Twitter
"Rule 3a51-1 -- Definition of ""Penny Stock"""
penny stocks - YouTube