Why Penny Stocks Can Make You Instantly Rich

People are always trying to find a way to earn a quick buck, which is why penny stocks continue to lure those with a limited capital base. The dreamers who think they can turn just a few hundred dollars into something a whole lot more frequent penny stocks, knowing the next big stock lies just around the corner.

If the last few weeks have been any indication, that dream is coming to fruition for many traders. We've had INOL go from $.0025 to over $.10. DMGM from $.003 to $.35. CMGR from $.0026 to $.225. The potential gains have been enormous.

Last week just before CMGR started to rally, pennystockguru subscriber Boxer called the stock in the subscriber chat room. A few days later he sent us all this screen shot. I imagine he had a larger order in, but was only filled $199 worth.

The same day he purchased $199 worth of CMGR stock he was able to sell it for over $7,000. Is that not the reason everyone trades penny stocks? The allure of fantastical gains? Having the ability to turn something small into something enormous and unforgettable?


Congratulations Boxer and than you for sharing your immensely profitable day with us. While turning $200 in $7,000 is not the norm, it can and does happen.