pennystocksites

Promostockpicks.com is advertising heavily around the net. This is one is a doozy! They have a very spiffy website complete with youtube videos of members thanking them for their absolutely amazing picks. This should be enough to make your internal alarms start ringing!

One stock from their track record, PLRS ran 500%. What you do not see is that PLRS had a reverse split, ticker change to PSTI and is now all but worthless to anybody that may have held it from those days.

They are also very proud to show you HMGP which ran to from $0.05 to $0.80, but they fail to show you the aftermath:

Even more impressive is the fall from $0.80 back to $0.05.

Now here is the best part, the disclaimer! In efforts to dodge any kind of legal issues, they clearly state that everything on the website is for entertainment purposes only! Furthermore, everything you see there should be assumed to have “been completely fabricated”, their words, not ours. Naturally they state they do get paid to push stocks, no surprises there.

So whats the problem? If this promoter is so hot, why does he need you to pay $47 for his newsletter? According to his website, he has made millions and is retired. Caution flags all around here.

As for our review of promostockpicks.com, we give him 10/10 for originality. His approach is way too “in your face” so its a grey area, obviously a promoter and a great pumper because people will fall for this type of site. Unfortunately, in the past, websites that fly onto the scene spending money on advertising ended up being scams, so a scam tag here until proven otherwise.