Showing posts with label Gold Price. Show all posts
Showing posts with label Gold Price. Show all posts

Tuesday, June 10, 2014

Review of gold stock price::What Is Gold Shore Gold Stock Letters







Review of gold stock price::What Is Gold Shore Gold Stock Letters








If               you               are               "playing               the               pennies",               that               is,               investing               in               penny               stocks,               by               now               you               have               seen               companies               that               profile               certain               penny               stocks.

They               are               usually               online               and               sometimes               in               print.

It               seems               that               I               get               a               "hot               pick"               in               the               mail               almost               daily,               telling               me               in               no               uncertain               terms               that               they               have               the               "stock               play               of               a               lifetime"               for               me.

That               makes               me               feel               so               special!

Well,               actually,               it               doesn't               and               hasn't               for               a               number               of               years.

When               I               first               started               reading               the               snail               mail               versions,               they               really               did               arouse               my               curiosity.

The               rationale               for               a               particular               stock               was               backed               up               by               loads               of               facts               and               data,               most               of               which               could               be               verified.

However,               there               was               a               tenuous               connection               between               the               Canadian               gold               stock               and               the               data               presented               in               the               advisory               newsletter.
               No               matter               what               the               product               or               service               is               for               the               penny               stock               company,               the               newsletter               will               slip               in               industry               data               to               prop               up               the               potential               value               of               the               stock.

Getting               back               to               our               imaginary               Canadian               Gold               Mining               Company,               you               will               see               that               they               are               about               to               begin               a               geological               exploration               of               the               land               that               they               have               leased.

They               also               have               "discovered"               trace               elements               of               gold               on               the               property,               and               extrapolate               that               to               a               mother               lode               of               gold               on               the               land.

They               will               begin               digging               soon               and               expect               to               have               the               results               in               the               near               future.
               Tied               to               this               company's               plans               are               real               data               about               gold               and               gold               mines.

They               will               tell               you               that               gold               is               in               a               bull               market,               how               profitable               this               land               could               be               at               the               current               price               and               future               prices               of               gold.

The               kicker               is               when               they               tease               you               with               "if               you               invest               $1,000               in               this               right               now,               your               investment               could               be               worth               ten               times               that               in               one               year!"               You               always               have               to               "get               in               on               the               ground               floor".

The               copywriter               does               a               superb               job               of               presenting               a               picture               of               you               and               your               future               wealth               and               instilling               a               real               sense               of               urgency.

"You               must               act               now               or               be               left               behind!"
               What               you               don't               know               is               that               this               penny               stock               is               an               empty               shell               of               a               former               company               that               sold               women's               shoes.

You               think               I'm               kidding?

I'm               not.

Shell               companies               are               constantly               being               sold               and               being               reinvented,               as               it's               much               cheaper               and               easier               to               get               one               listed               on               the               over               the               counter               stock               board               and               start               issuing               stock.

What               you               also               don't               know               is               that               there               are               only               two               employees               at               the               time,               with               no               revenue               and               no               cash               on               hand.

Why?

Because               penny               stocks               that               trade               on               the               Pink               Sheets               are               exempt               from               reporting               their               operation               to               the               public.
               Back               to               the               online               (or               print)               newsletter:               before               you               even               read               the               article               about               the               stock               they               are               touting,               go               to               their               disclaimer.

In               print               versions               it's               usually               on               the               back               page               and               in               microprint.

I               kid               you               not.

If               you               are               reading               an               online               version,               look               for               the               disclaimer               at               the               bottom               of               the               web               page.

Either               way,               it's               a               legal               requirement               for               them               to               post               disclosure               about               their               relationship               to               the               stock               they               are               recommending.
               You               will               usually               see               that               the               newsletter               publisher               has               been               compensated               to               "promote"               company               XYZ,               sometimes               in               cash,               sometimes               in               shares               of               the               stock,               sometimes               a               mixture               of               both.

There               it               is:               the               company               is               paying               a               promoter               to               showcase               their               stock.

It's               in               black               and               white               for               you               to               see.

The               same               holds               true               for               the               online               promoter.

This               doesn't               necessarily               mean               that               it's               bad,               but               it               also               doesn't               mean               that               the               newsletter               is               touting               the               stock               totally               on               its               merits               and               value.
               Online               interviews               with               stock               company               CEOs               are               also               paid               in               advance               by               the               CEO               to               get               exposure.

And               don't               expect               hardball               questions               about               the               company's               finances,               etc.,               by               the               host.

Remember,               the               company               is               paying               for               the               exposure               and               the               interview               is               normally               scripted               in               advance.
               What               do               you               take               away               from               all               of               this?

If               it's               a               penny               stock,               particularly               if               trading               on               the               Pink               Sheets,               consider               it               a               scam               first               and               then               do               some               "due               diligence"               of               your               own               to               find               out               if               it               has               any               merit.

Pay               no               attention               to               what               is               said               on               stock               chat               forums,               as               the               company               itself               may               be               on               there               under               phony               identities               and               posting               wonderful               information               on               the               stock.

My               other               article               "How               to               Intelligently               Trade               Penny               Stocks"               (AC               article               #               153995)               goes               into               more               depth               in               this               area.
               Disclosure               is               what               it's               all               about.

Snoop               and               learn.

It's               your               hard-earned               money               involved               here.

Good               luck!






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