Old Stock

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Is the old myth about the man who turned $1 into 1 million dollars in the penny stock market true?

We’ve all heard legends about a man who turned $1 into $1,000,000 in one year by investing in some very hot penny stocks. Is this true, or just an old wives tale?

It’s certainly an interesting question. Another interesting question is why has this old legend persisted for so long?

I think it’s very simple to understand why this story is always told. It’s everyone’s dream to turn $1 into a million. That idea is truly the embodiment of the American Dream.

The idea is that any old shmoe. Any Average Joe with virtually no money, through either skill or plain old dumb luck, can take a single dollar and use it to become rich. Who doesn’t like that idea?

The real question is, is that story true or not? Well first, is it even possible? As crazy as it sounds, the answer is certainly yes. It absolutely IS possible. It may not be easy or happen often, but it’s certainly possible. You’d have to receive some amazingly hot
penny stock picks
and have a lot of luck on your side, but there have been many times I’ve received penny stock alerts that have made gains of hundreds or even thousands of percent in weeks, days, or even less.

Take for example a hot penny stock pick I received from a penny stock newsletter on November 20, 2010. It was for a penny stock called INIX. INIX rose over 1000% in ONE day. Realistically if you only invested a dollar your profits would get eaten up by trading commissions, but for the sake of this hypothetical situation let’s forget about that part.

If you actually captured the full 1000% gain, you now have ten times your original investment. So instead of investing one dollar next time, you can invest ten dollars. If you got VERY lucky and continued to receive some very amazing penny stock picks, next time you could turn those 10 dollars into 100. If this happened again, next time you’d have 1000. Then you’d have 10,000, then 100,000, then finally…one million dollars.

Realistically that scenario would never happen. However, it’s not so far-fetched. While it is virtually impossible to capture 1000% gains with every trade, you certainly could capture gains like that once in a while as well as far more frequent gains of 50-100%. Realistically you’ll probably lose money on some of your trades as well.

Nevertheless with an entire year’s worth of making money on small cap stocks, turning one dollar into a million is absolutely 100% possible. You’d probably have to start with $100 or more to make sure all your profits aren’t eaten up by commissions, but anyone can start off with a very small amount of money and turn it into a million dollars!

Now is the old story true? Who knows. My guess is yes, it is true, but you or I will never know for sure. What really matters is, “is it POSSIBLE?” The truth is, the odds are stacked against you, but it definitely is possible for those of you with a high risk tolerance and luck and skill on your side.

Try looking at some penny stock newsletters to see how their
penny stock
picks perform, you can judge for yourself if the results are worthwhile before you start actually trading. This one is good, www.pennystockalerts.com. I believe they have the best track record but you can watch whichever newsletter you want!

Good luck out there, you’re gonna need it.

Michael writes about
penny stock newsletter
and penny stock alerts. To get more information on penny stock chaser,
small cap stocks
and hot penny stocks, logon to pennystockalerts.com

Discover Old Stock On eBay Below:

AMAT 0010 30057 Cathode Liner Assembly MXP OLD STOCK NEW
AMAT 0010 30057 Cathode Liner Assembly MXP OLD STOCK NEW
$1,500.00
NEW OLD STOCK TYROLIT GT507180 MADDOX 4973B INDUSTRIAL GRINDING WHEEL 14X3X35
NEW OLD STOCK TYROLIT GT507180 MADDOX 4973B INDUSTRIAL GRINDING WHEEL 14X3X35
$41.99
Lot of 10 Ceratizit Carbide Inserts 80359806 14 X 14 X 2 NEW OLD STOCK
Lot of 10 Ceratizit Carbide Inserts 80359806 14 X 14 X 2 NEW OLD STOCK
$39.99
Jacobs Chuck Stainless Precision NEW old stock sealed orig box cal cert
Jacobs Chuck Stainless Precision NEW old stock sealed orig box cal cert
$350.00
HUNTINGTON DESMOND DRESSER No 0 NEW OLD STOCK  MADE IN USA  ITEM CODE 11210
HUNTINGTON DESMOND DRESSER No 0 NEW OLD STOCK MADE IN USA ITEM CODE 11210
$16.49
 Lot of 3  KENNAMETAL NG4189R Carbide Inserts Gr KC810 New Old Stock
Lot of 3 KENNAMETAL NG4189R Carbide Inserts Gr KC810 New Old Stock
$10.99
HSS milling cutter 1 C 3 angle cutting mold shop 1 degree cut new old stock
HSS milling cutter 1 C 3 angle cutting mold shop 1 degree cut new old stock
$12.00
Gatco 7 Number Series Rotary Bushing 18125 ID New Old Stock
Gatco 7 Number Series Rotary Bushing 18125 ID New Old Stock
$348.85
Stens Pulley 2 OD 1 2 ID New Old Stock
Stens Pulley 2 OD 1 2 ID New Old Stock
$11.99
MEADEN 14937 0 Slitter Wheel 2 5 8 OD 1 5 16 ID New Old Stock Lot of 2
MEADEN 14937 0 Slitter Wheel 2 5 8 OD 1 5 16 ID New Old Stock Lot of 2
$14.99
NEW OLD STOCK COGSDILL TOOL BURROFF STRAIGHT SHANK MODEL NUMBER CP 11 1 98
NEW OLD STOCK COGSDILL TOOL BURROFF STRAIGHT SHANK MODEL NUMBER CP 11 1 98
$10.84
Machine Shop CNC Cat 50 holder New Old Stock
Machine Shop CNC Cat 50 holder New Old Stock
$10.95
LOT OF MISC CENTRY HELICONE COVERS NEW OLD STOCK
LOT OF MISC CENTRY HELICONE COVERS NEW OLD STOCK
$224.96
NEW Consew F 117 Auto Bobbin Winder MADE IN JAPAN OLD STOCK
NEW Consew F 117 Auto Bobbin Winder MADE IN JAPAN OLD STOCK
$3,495.00
Citizen L720 Rotary Guide Bushing U2150Z New Old Stock
Citizen L720 Rotary Guide Bushing U2150Z New Old Stock
$76.00
NEW OLD STOCK DODGE TAPER LOCK FLANGE 010601
NEW OLD STOCK DODGE TAPER LOCK FLANGE 010601
$14.95
NEW OLD STOCK DODGE COUPLING SPACER HUB 011621
NEW OLD STOCK DODGE COUPLING SPACER HUB 011621
$34.95
new hobart 375326 d motor control board old stock item
new hobart 375326 d motor control board old stock item
$235.00
new hobart 371902b pc motor power control board old stock item
new hobart 371902b pc motor power control board old stock item
$145.00
VAT Valves Stainless Vacuum Gate Valve 40 40 96 Code  New Old Stock
VAT Valves Stainless Vacuum Gate Valve 40 40 96 Code New Old Stock
$699.99
Hexacon Model HT281X Solder Tip New Old Stock
Hexacon Model HT281X Solder Tip New Old Stock
$14.99
Miyachi Model CY 210B Weld Control Part Number 00 01 Unused Old Stock
Miyachi Model CY 210B Weld Control Part Number 00 01 Unused Old Stock
$2,799.99
Ungar Imperial  6201 30W Heat Cartridge New Old Stock S1
Ungar Imperial 6201 30W Heat Cartridge New Old Stock S1
$3.95
NEW OLD STOCK WITH CHIPMADDOX METALS DISH INDUSTRIAL GRINDING WHEEL 135X3X3
NEW OLD STOCK WITH CHIPMADDOX METALS DISH INDUSTRIAL GRINDING WHEEL 135X3X3
$41.99
Vintage Starrett 300mm Combination Square 11MHC 300 New in Box Old Stock
Vintage Starrett 300mm Combination Square 11MHC 300 New in Box Old Stock
$175.00
Miyachi CY 210B Weld Control Part Number CY 210B 06 22 Unused Old Stock
Miyachi CY 210B Weld Control Part Number CY 210B 06 22 Unused Old Stock
$2,599.99
STOCKING NEW PARTS FOR BAUTAR OBI PRESSES RAMS GEARS ETC NEW OLD STOCK
STOCKING NEW PARTS FOR BAUTAR OBI PRESSES RAMS GEARS ETC NEW OLD STOCK
$1.00
NEW OLD STOCK Guerhring SL 454 Carbide Thru Coolant Drill R RT1 U 05511
NEW OLD STOCK Guerhring SL 454 Carbide Thru Coolant Drill R RT1 U 05511
$40.00
1 12 NF GH4 HSS 4 FLUTE PLUG HAND TAP CLEVELAND TWIST NEW OLD STOCK
1 12 NF GH4 HSS 4 FLUTE PLUG HAND TAP CLEVELAND TWIST NEW OLD STOCK
$39.95
Geometric Die Head 1 3 4 Style C New Old Stock
Geometric Die Head 1 3 4 Style C New Old Stock
$825.00
Chicago Rawhide CR Industries Oil Seal Lot of 3 Model 19762 New Old Stock
Chicago Rawhide CR Industries Oil Seal Lot of 3 Model 19762 New Old Stock
$14.39
New Old Stock Jarno 8 Dead Center Lathe HSS
New Old Stock Jarno 8 Dead Center Lathe HSS
$40.00
Jacobs Chuck Repair Kit MC 4 New old stock Made in USA
Jacobs Chuck Repair Kit MC 4 New old stock Made in USA
$19.00
18 pieces carbide threading insert BTR 430 C2 New old stock
18 pieces carbide threading insert BTR 430 C2 New old stock
$38.00
NEW 8 new old stock SECO DSN190412 DSN533 41190 steel insert anvil or seat
NEW 8 new old stock SECO DSN190412 DSN533 41190 steel insert anvil or seat
$19.00
NEW 13 pieces new old stock SECO TSN220412 19250 anvil or seat
NEW 13 pieces new old stock SECO TSN220412 19250 anvil or seat
$28.00
5 pack of Kennemetal NR44R KC810 coated carbide grooving inserts New old stock
5 pack of Kennemetal NR44R KC810 coated carbide grooving inserts New old stock
$33.00
Widia Manchester Warner Swasey MB 11986 30 Blade Support NOS New Old Stock
Widia Manchester Warner Swasey MB 11986 30 Blade Support NOS New Old Stock
$10.00
NEW OLD STOCK GUIDE BLOCK BROWN 1814256 BOBST MARTIN  62012204
NEW OLD STOCK GUIDE BLOCK BROWN 1814256 BOBST MARTIN 62012204
$4.33

Recently Purchased Old Stock:


10 inserts valenite sng432t00320 q8 ceramic inserts new old stock , stainless steel cartridge filter housing 5 round 3 high 2 npt new old stock, starrett micrometer head t1463p newoldstock excellent, crawford pba z384r732 r8 collet 732 new old stock usa, exotec 29904 selfreacting composite powder for bond coatnew old stock, circle machine unilevel precision setup boring and turning level new old stock, 112 x 112 aluminum angle 6 length old stock 18 thick 12 pieces total, hougen hmd904 portable magnetic drill coolant chuck amp; adapternew old stock, lathe micrometer stop new old stock, precision mathews pm 1127 vf lathe screwcutting change wheels new old stock , adamas carbide tipped tools bit for finishing steel c10 548 new old stock 9 pc, 10pcadamas carbide tipped tools bit for finishing steel b10 434 new old stock , adamas carbide tipped tool bit for finishing steel d8 548 new old stock, american made new old stock assorted 2 fliter bags approximately 500 each , premier 14 alphabet stamping dies new old stocksweatysexynaked diesbuyem, new unused old stock radnor mastercut plasma cutting torch adapter kit 64006539, greenfield emss 1 148n gh5 hsse japan x8 milling cutter newold stock, greenfield tap emss 3414npt hsse japan p7 newold stock, defelsko positector utg ultrasonic thickness gage new in box old stock, sunnen y48a45 honing stone new old stock, 7125 reamer usa new old stock nos 916 dia diameter shank 9 long length, 1564 2344 reamer new old stock nos 6 long shank length, coolant fed drill carbide 8mm titex a6685tfp8 new old stock, glenbard 14 hss chucking reamer new old stock, 5 new old stock 23 78b d19411 carbide tipped cutting tools lathe 4x 58x 58, 5 new old stock wendtsonis carbide tipped cutting tools lathe 4x 58 x 58 , 6 new old stock carboloy carbide tipped cutting tools lathe 3x 58 x 58 , oxweld ferro flux new old stock union carbide unopened, sunnen l16a57 honing stones 6 new old stock, sunnen ahu425 honing stones 2 new old stock, starrett 711fsaz last word dial test indicator new old stock free ship, lps electro contact cleaner model 00416 new old stock 16 oz can, new old stock linde acetylene regulator valves cga 510 , 450 blank brass id tags nos pet key tool vave id new old stock lot, new old stock union carbide welding products valve stem assembly 54a87 torch, tg100 collet set 7pcs never used great condition just old stock, bag filter housing 8 304 stainless steel swing bolt new old stock, vintage oster pipe treading machine 20 amp switch new old stock 1956, new old stock 3 pcs lna075m lna 075m collet nuts, starrett surface gage 57a new old stock never used, masonary drill bits lot of 22 made by joran 516 x 4 34 new old stock, national lathe drill bit 1 14 new old stock, 5 new old stock valenite d10 carbide tipped cutting tools lathe 4x 58 x 58 , 5 carboloy new old stock carbide tipped cutting tools 6 long 1 x 1 44a d16 , 5 tctco 54 tc117 44a new old stock 8 carbide tipped cutting tool 34 x 1 12, 2 heavy vintage carbaloy indexable tool holders 6 long 34 x 1 new old stock, 5 tctco tc117 new old stock carbide tipped cutting tools 8 long 34 x 1 12, new old stock disston dies set of 6, new old stock vermont american dies, new old stock napa hand tools 9mm10 metric hex die 55781, starrett 436 micrometer original box amp; paperwork new old stock never used, convex milling cutter 4x78x114 standard tool co new old stock 347 rake, newold stock air plug gage mahr federal dp050t2 14387 more listed free ship, newold stock air plug gage mahr federal dp050t2 7514 more listed free ship, newold stock air plug gage mahr federal dp050t2 7804 more listed free ship, weller tips ptaa 7 amp; ptc 8 single flat tip for tc201 series iron old stock new, lot 105 new old stock 38 x 38 ceramic insulator beads pkgd in 3 sleeves, general tools stair gage set precision made of solid brass new old stock, union carbide welding products nozzle nut 33a56 quantity 1 new old stock 5 total, cushman drill chuck mod c13 2jt 012in with 1mt arbor new old stock, 1 huge widell usa 21412 359925 hex threading die new old stock, stainless steel cartridge filter housing 3 round x 30 new old stock 125 psi, craftsman no 2037 cutting tool holder new old stock, craftsman no 2035 turning tool holder new old stock, craftsman no 2034 turning tool holder new old stock, craftsman morse taper adapter sleeve no 2 to no 1 new old stock, craftsman lathe tool post tool set 2189 new old stock, jobber drill set 116 to 12 by 64 ths unioncard high speed new old stock