Created by Jeff Avery, Penny Stock Sniper is a service that provides users with information on stocks that he feels will increase substantially in value.
What is the product?
Penny Stock Sniper is a subscribed service in which creator and allegedly well respected trader Jeff Avery provides users with penny stocks that he believes will balloon in value. These are sent out by text or email. Once users receive this information they can make purchases through a stock brokerage. The focus seems to be on companies that hold patents to future technologies or hold licences for well-known brands. These penny stocks are, as the name implies, usually a few pennies to buy and whilst many don’t ever get above this Jeff Avery says that Penny Stock Sniper will identify those that will. This is done through a combination of computer software which narrows down selections and Jeff Avery’s review of these stocks. If the right criterion are met then Penny Stock Sniper will notify subscribers.
What is the investment vs. the rate of return?
Jeff Avery allegedly sells Penny Stock Sniper for $497 per year but it is currently marketed at $97 for lifetime access. Because it is sold through ClickBank, Penny Stock Sniper also comes with a full money back guarantee for 60 days. In terms of income, much of the hype around Penny Stock Sniper seems to be series of five trades that allegedly turned $1,000 into almost $10 million. I am however not sold at all on the legitimacy of this claim and even if it were true, is almost definitely a one off. Usually penny stocks don’t fluctuate massively in price so I can’t see there being that many options available.
Does the product provide value for money?
Realistically, I don’t believe that Penny Stock Sniper does represent value for money for reasons I shall explore below.
Conclusion
Whilst I don’t dispute that people can identify occasional trades that turn out to be massive increases, this is not as common as Penny Stock Sniper makes it out to be. Even if it is, selling penny stocks is actually a rather difficult thing to do in large volumes which makes the cashing out that Jeff Avery makes sound so simple actually rather difficult. There is a lot in the material for Penny Stock Sniper that seems to have more in common with fantasy than reality and that is worrying. On those grounds alone I would give Penny Stock Sniper a miss.
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