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A penny stock is a common stock which sells for less than $1 per share (in some cases, less than $5 per share). On February 9th, 2009 Sirius XM Radio Inc. closed at $0.06 per share. Less than 3 months later on May 6th, their stock closed at $0.53 per share. I recently interviewed Charlie Plyler from PennyStockNews.com and he is about to release a paid service that will help investors take advantage of these remarkable opportunities.

Personal History

Charlie began his investing career over 20 years ago as mutual fund consultant. It seemed like he enjoyed his work but it didn’t satisfy his fascination with penny stock investments. Mutual funds are something the average person should invest in, but penny stocks are much more exciting. As a hobby, in the late 1990’s Charlie started PennyStockNews.com.

Company Description

Originally Penny Stock News, Inc. offered a newsletter with the trends and information on the latest penny stock investments. However, in mid-June 2009 PennyStockNews.com is upgrading their services to a paid subscription which provides an in-depth look at emerging investment opportunities. Additionally, they will provide alerts with real-time data on penny stocks as they begin making their moves. This service will cost considerably less than comparable services at $47.00 per month.

Also under this premium membership, Charlie will host a private blog with daily updates where their members can seek additional investment advice from one another. PennyStockNews.com will still provide their free service to their 1800 subscribers but the information in these newsletters will not be as in depth.

Another Valuable Service

In addition to Penny Stock News, Charlie is just starting another service that promises 1,000 new Twitter followers a month, Power-Tweeter.com. Charlie has been a Twitter user for awhile now and has developed effective methods for organically growing Twitter accounts.

The paid membership to his program guarantees 1,000 new followers in 1 month, but Charlie shared with me that it often grows significantly faster. For instance, on May 21st @PennyStockNews had just over 10,000 followers. Less than 2 weeks later Charlie is up to 13,561 followers. These results aren’t typical but it just goes to show how effectively Charlie’s methods are working.

Twitter gets a lot of flak from people who don’t necessarily understand how to use it. The fact is, people are conducting business through Twitter. Charlie told me that 25% of the traffic to PennyStockNews.com comes from Twitter. Furthermore, almost 50% of his 1800 subscribers have come through Twitter. It’s a general rule that the more followers you have, the more traffic you’ll be able to drive to your website.

At a monthly rate of $27, Power-Tweeter is a bargain for someone who is serious about driving traffic to their websites.

What Investors Should Know

When I first started researching PennyStockNews.com I was a little skeptical about the service. It seemed like if he had a large enough following of investors, he could skew the market prices of these penny stocks that hardly anyone was investing in. For example, if he had 10,000 members and convinced them all to purchase 100 shares of a $1 stock, then that would significantly impact the price of that particular stock.

However, Charlie has assured me that PennyStockNews.com is not a “penny-pick service.” In fact, Charlie rarely invests in these stocks because he acknowledges the conflict of interest. If he does mention a particular stock that he is invested in, then he will make sure his members know.

Another thing that Charlie mentioned is that these real-time updates only provide information about the movers and shakers in the penny stock community. He does NOT make recommendations. PennyStockNews.com merely provides detailed and accurate reports and it is up to the individual investor to perform further due diligence prior to investing.

More than anything else, PennyStockNews.com’s reports are time-savers. As an investor, you would have to do all the research and analysis anyway, you might as well pay an experienced team of professionals $47 per month to do it for you.

The final portion of my interview with Charlie that I really want to highlight is how crucial it is to get real-time data as a penny stock investor. Investing in penny stocks carries a lot more risk than the average investment, but with that risk comes potential for a greater reward.

By the nature of these investments, timing is critical. The value of a penny stock could easily double or triple within a few hours and traditional means of information gathering (i.e. newspapers) simply aren’t quick enough. By becoming a premium member of PennyStockNews.com you will receive comprehensive data analysis as it is happening. All you have to do is sit back and wait for the updates.

Penny Stock Success Stories

Here are a few more examples of penny stocks that have recently experienced success:

• MAP Pharmaceuticals, Inc. (MAPP) went from $3 to $13 a little over a week ago.
• Rite Aid (RAD), the drug store chain, grew from 21 cents in April to $1.40 in May.
• Hemispherx Biopharma, Inc. (HEB) went from 39 cents in march to $2.55 today (June 3rd, 2009).
• Dendreon Corp. (DNDN) from $2.61 in March to $24.90 today.

Happy Trading!