Money Map Press has been promoting a virtual summit by one of their editors called Chris Johnson that will be titled Penny Rockets.
At the event, Chris will talk about his strategy for unveiling potentially high-performing and highly profitable penny tocks that trade at less than $5.
If you’d like to learn more about this event, you’ve come to the right place because we’ll be looking ahead at what we expect Chris to discuss at the Penny Rockets event, including how it works, its pros and cons, and the final verdict on i.
Before I start…
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Penny Rockets Review
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Introduction to Penny Rockets
Chris Johnson’s Penny Rockets is an event that centers on finding penny stocks that trade at less than $5. Chris claims that he has a tried-and-tested strategy that investors should try out to have better outcomes with their investment decisions.
Penny stocks belong to small companies that trade for less than $5 per share. Although they can be traded on large exchanges like the NYSE, a large number of them trade over the counter in the OTC markets.
Penny stocks are quite popular in the world of financial newsletters. For example, we have encountered presentations and advisory services like Dave Forest’s NASA Gold and The Complete Penny Stock Course.
In Chris Johnson’s case, he wants to provide investors with general advice they can implement to have better outcomes in the markets.
He says that he has tested his strategy with his own money that he traded for a whole year (he is not basing his assertions on a back test, much like most investment gurus usually do).
After testing his strategy, he has made 132% on average each trade when he includes the losers.
Chris Johnson is counting on the fact that these stocks are quite popular among traders because of their low pricing. For example, he points out that you don’t need to have thousands of dollars to trade.
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Who is Behind Penny Rockets?
Penny Rockets will feature Chris Johnson, a highly regarded equity and options analyst. Chris has close to 30-years of experience in the world of finance.
Throughout his career in finance, Chris Johnson has helped investment firms to analyze millions of data points to make sense of them and turn them into impressive gains for clients.
He is a quantitative analyst (quant). Quants are often considered the “rocket scientists” of investing. Johnson uses stochastic calculus, linear algebra, and differential equations, to create his models for manipulating data.
Chris Johnson started building his proprietary model in 1998 and can analyze as much as 700,000 records per day.
Chris Johnson has experience in finance, statistics, and accounting. He has also been a frequent commentator on events happening in the financial markets on CNBC, Bloomberg TV, Fox, and CBS Radio. His work has been featured on USA Today, Newsweek, Barron’s, and The Wall Street Journal, just to mention a few.
Chris Johnson is quant analysis specialist at Money Map Press where he edits two newsletters, namely Night Trader and Penny Hawk.
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Is Penny Rockets a pitch for Chris Johnson’s Penny Hawk?
As I mentioned earlier, one of the two investment advisories that Chris publishes at Money Map Press is The Penny Hawk.
Penny Hawk is an advisory service through which he shares his insights on penny stocks with his followers. Chris says that penny stocks make the biggest moves before they even reach the major exchanges indicating that they are ideal for people looking to make big gains in short periods.
Having seen Chris promoting the event, chances are, he is promoting the Penny Hawk newsletter because it focuses on penny stocks just like he will be focusing on them at the event.
However, I may be wrong about this and he may be pitching something else or a new advisory service entirely.
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Is Penny Rockets Legit?
Yes, Penny Rockets is a legit event hosted by Chris Johnson, an editor at Money Map Press.
We don’t know much about Chris Johnson’s track record in the stock market because unlike other gurus, he is not as vocal or prolific. He has been writing articles but those often get overshadowed by the video presentations that most gurus make.
However, I give him the benefit of doubt because he is working for Money Map Press, a financial research firm that is legit. There have been many complaints about the them but they’ve consistently been promoting good ideas.
That being said, Johnson is not immune to making some bad calls because the market is inherently risky and all investors make mistakes.
Penny Rockets Verdict
In an event dubbed Penny Rockets, Chris Johnson, one of the editors at Money Map Press will be talking about a great strategy for all those people who do not have $1000s of dollars to invest in stocks. For those people, penny stock investments are the best idea according to Chris.
Chris says that he is not relying on a theoretical back test to sample his strategy. He claims that he used real-world money in the stock market and after compiling his returns (including the bad trades), he made money.
money to make profits through these penny stocks. The best part is that — all of them cost under $5 and they have high profit potential.
Trading penny stocks looks like a great strategy for people who do not have $1000s of dollars to invest in stocks but would like to speculate on potentially big movers in the penny stock market.
But you should be warned that this comes with great risk because these stocks tend to be more volatile than your average stock and that can mean that just as you are likely to make a killing, you may also lose all your money.
Before you leave
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.