Microcap Millionaires

OK, we have another stock pick for non paid members, its SHIP on the Nasdaq and I just paper bought at $1.19 on open. This should make a good 5-10% gain today/tomorrow. Naturally will update on progress and my paper sell price (whether good or bad). So far the service is proving most profitable!

ok, another trade completed yesterday for another profit. As you can see above I paper purchased at $1.61 and I paper sold just after market open at $2.04. (The opening market price was $2.07). This means that in two trades a paper profit has been made of 63.37% ROI and that is in under 4 weeks! That should make you open your eyes…

Some of you who read this will invariably check on what I say…and I want you to check so please do, so you can verify what I am saying is the truth. Now, after you check you will see that this stocks closing price was at $1.89. So, what I am going to do is this:-

From now on I will be issuing two profit/loss figures. One set will be my own paper trading and the second set will be at closing market price on the day I sell. Please note though that I will only be using the closing price on the day I sell if the closing price is LOWER than the price I sell at. This will show you
that money can be made even on a lower stock price…does that make sense? I am doing this because there will be people who will say, its easy to paper sell at a higher price and miscontrew the figures when the closing price was lower. By doing this it shows honesty and also transparency.

So, my paper profit for this trade was 26.71% (£2.04-$1.61 = 0.43c – 0.43c divided by $1.61 = 26.71%) The total paper profit made for both of the trades in just under 4 weeks is 63.37% ROI (73.168% ROI compounded)….thats fantastic! Naturally I am not going to jump in with real funds yet….more monitoring to make sure these two signals were not flukes! Still, so far it is excellent. Just to give you an idea, if you started with the equivalent of $1,000 and compounded the returns you would now be sitting on $1,731.68.

Now,if you go by the closing price (in this case it was lower than the price I paper sold at) you would still be sitting on a total of 54.06% ROI (60.43% compounded) which is undoubtably still a fantastic return, no one can disput that! I worked this out as £1.89 (yesterdays closing price -$1.61 purchase price = 0.28c – 0.28c / $1.61 = 17.39%.

So there we go, two trades in under four weeks and which ever way you look at it a fantastic profit has been made….

Alan

I forgot to mention, I am paper trading Matts stock picks for a good several months and placing a 5% stop loss which would be hit if the price drops to $1.5295. I have not had time yet to perform my own technical and fundemental analysis yet but looking at the graph it does present an opportunity for the price to move upwards.

Please remember, when you become a paid member you receive the stock picks before non paid members and you are also instructed of the buy price to get in and also the sell price to get out…

Alan

Just had notification of a new stock which is also made available to non members of Matts Microcap Millionaire service. The stock is – ticker code BGP – Borders Group on the US market. Current price is $1.61. I am putting this here so you can also see the results are real for yourself.

Alan

OK, another quick update regarding the stock pick that Matt handed out to his paid subscribers. This time i will tell you what the stock pick is, and just so you know, as I stated above I am PAPER TRADING these presently to monitor the selections for both myself and you. If it proves to be profitable long term you can guarantee I will be using his service and paying for it.

The particular stock was JTX (Jackson Hewitt Tax Service). I PAPER purchased at $2.10 (the actual price at that time was $2.08 but I ALWAYS allow for slippage and a slight possible movement) I just PAPER SOLD at $2.87 (sold at open which the price was $2.89 at that time). This represents a PAPER PROFIT of a whopping 36.19%.

Bearing in mind I did deduct $0.02C from the buy AND the sell side so in actual fact the gross profit would have been more but being business minded I always take into account a small deficit, that way the figures are always against your favour. If the figures are against your favour but you still make a profit then you are onto a good thing!

So, there we have it, just over one week into monitoring Matts Microcap Millionaire monthly subscription service and its showed a very good winner. Lets re-cap what this means for you. If you have a reasonable bank roll, lets say EUR/GBP/USD 1500 or equivalent and you used just 10% of your bank roll to purchase JTX you would have gained 3.619% in just one week! Naturally of course your 10% of your bank roll would never be fully at risk because if you are smart you would use sensible stop losses.

So, there we have it, one week in and its off to a great start. Let us not forget, monitoring takes time and just a week or a few weeks, even a couple of months, is not long enough to prove long term.

Also, please remember that I am PAPER trading these presently (though it I had used my CFD account with a 10:1 leverage it could have made a potential 361.9%…but the risk at that level is outrageous, could have paid for a nice month long holiday to the Maldives or Haiwai though!)

Alan

Just another quick update regarding the stock pick i am monitoring above. Today the price shot up to $2.85 which equates to a 36.19%…in just a week!

I personally use a CFD account which allows leverage up to 10 times my balance. I am certainly not suggesting you use a CFD account if you are not experienced with at least 3-5 years trading but using a leveraged account can certainly make excellent gains into monster gains…. let us not forget, the downside where bad loses can turn into monster losses without correct money mangement. I am currently paper trading Matt’s picks at the moment and i strongly suggest anyone who signs up to use the money back period to paper trade as well.

Alan

Just wanted to give a quick update regarding Matt’s recent microcap stock pick.

On Friday it was up just over 6% and I had performed my own Technical and Fundamental analysis on the company in question and I believe it should quite easily reach a 20% gain from when Matt gave out the stock pick. I wont say just yet what the stock pick is because that is not fair to Matt’s service subscribers who pay for his picks…but I will tell you so you can check when I do tell you the stock that I bought at $2.10 on Feb 9th. The price as I type is $2.39 which represents a 13.81% increase.

Alan