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With the Footsie Falling, Wiser Eyes Turn to the Pennies, but Make Sure You Do this First.

By Malcolm Stacey | Saturday 24 June 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Hello Share Fanciers. With the Footsie still faltering (though not for long, I fancy) the best way to continue to make dosh in the meantime is to buy penny shares not often affected by lack of progress by the jumbos. But, of course, the risk is much greater.


A spiffing wheeze to help counter this problem is to invest in a subscription to this glittering website. Because if a company is in dire straights and is not confessing, Uncle Tom and his fellow sleuths will almost certainly find it and expose it. Time and time again the our unbiased investigators prove to be right. Personally, I wouldn't spend a minute longer with a company that was negatively reviewed here. Now there are plenty of deluded supporters of dud shares out there who won't heed any warnings. And so the share price can continue to rise. But eventually all will shudder and the shares will plummet.


If you’re still not subscriber to Shareprophets you should join today. If you’re thinking of leaving, perhaps because you’re not making any dough in a falling market, then I would reconsider. Then you can avoid the turkeys and perhaps invest in one of the penny shares that are lauded on Shareprophets.


You may have noticed that Uncle Tom has not been getting as many lawyers’ letters as he used to. There’s a reason for that. He does not back down (apart from once when his crime was reposting something written by someone else). And so when he writes he’s sure of his evidence. The dodgy company owners he exposes know that. So they don’t  risk an expensive court action against Shareprophets. Now I know there’s a general reluctance to spend on internet sites, because the info can usually be found free somewhere else. This doesn’t apply to Shareprophets. You can’t get such forthright accusations anywhere else.


Also, you’re unlikely to be able to spot the red flags yourself. I’ve been buying shares since the 'eighties and the deviousness of some companies is such that I sometimes miss it. I know that Tom or Steve reads my recommendations carefully. So if I don't spot a red flag, they will. It’ll be brought to my attention, and I either counter the allegation  or drop the recommendation altogether. This is a very healthy arrangement, don’t you think? Remember that a poor choice of investment can cost you thousands. Which makes the small outlay to support this site such a good deal.


See you in the Punter’s Return. God bless.

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