Penny Picker Theme Change
I have decided to start changing the theme of this blog from penny stocks to ways to save money online and at home. Why the change? Well frankly, I am tired of the whole penny stock scene and don?t want to be a part of it anymore. The industry has too many scammers, hucksters, and people out to make a quick buck. I have said what I can on penny stocks, it will remain for anyone who wishes to read, but I feel it is time to move on.
I will leave my old posts up but don’t expect any new penny stock picker reviews. Over time this blog will be more about saving pennies than making pennies. I am excited about this change in direction and hope to keep the blog active with at least a post every few weeks. This change will not be overnight but will be a process that continues over a year.
One Final Word On Penny Stocks
Beware: The way the penny stock pickers make money is they get a bunch of followers paying for their picks (or they even give picks away free), then they buy/short shares that they will promote to their followers, they announce the pick. If they have enough followers they are able to move these easy to manipulate stocks and get out with a profit. The followers are then left in a race to get out and make a profit or limit their loss. It?s a dirty (and illegal) business and even though I never gave out picks, I no longer want to be a part of it or promote it in anyway.
Filed Under: Promotional Coupons
About the Author: I have plenty of sites that talk about making money on the web. I figured it's time to start a site that talks about saving money on the web. After all, a dollar saved is pretty much the same as a dollar earned.
there is no such things like get rich over night! this is only for newbies and if someone succeeded you can be sure that he/she will not tel everybody how he did it! you must work, hard, to make a living online! good luck with your new direction
Maybe you can keep this blog as is and start another one, so this one will stay consistent for the new readers.
What happened? Why the hate for pennies all of a sudden? Your the one that told your readers that pennies are a game and fraud, but that there is money to be had. Did you get burned by Microcap Millionaires or something?
I have said all I can on penny stocks, it’s just time for me to move on. I traded a few of the Microcap Millionaire picks for small profits and losses and an still subscribing to Sykes and MM just to give me trading ideas (which I do on the side to make a few dollars here and there). The new theme interests me more and fits better with my overall website portfolio. All the old posts are there for those who stumble on the site looking for a few of my reviews.