The first thing we need to cover is how to find stock promoters. Here's the approach I took:
- I created two new email accounts
The first account I used to sign up to ALL promoters that I stumbled across. Their results and track record didn't matter - I just wanted to be on their lists and be able to track their history or what current stocks are undergoing promotions of any level. Anytime I find a new promotion website I haven't heard of, I throw it on this email list. I save ALL of these emails. Currently I have roughly 100,000 emails in this account, dating back to early 2012. This way if I see an OTC stock trading unusual volume that looks like it might be a promo, I simply search my emails in this account and see if one of the sites I'm signed up to is sending paid emails on it. It is important that these emails are compensated (you can find this by reading the disclaimer section of the email). Many crummy promoters will email on the current "hot" stock randomly while in reality they have no involvement in the actual promotion.
The second email address I used to sign up again for the promoters that I determined can actually move stocks and are worth paying closer attention to. I separate these because I like to remove the best promoters from the rest of the clutter. It just makes it easier for me to keep track of what the best current promotions are without having to dig through the rest of the clutter. This is my "good" list, and I make promoters EARN their spot on it.
- I utilized search engines
There are a few ways to do this. The first thing to keep in mind is that different search engines will bring up different results, so don't just limit yourself to one. Then just plug in search terms like "Hot penny stocks" or "Penny stock picks." Aside from going through the first 5-10 pages of results and signing up to all the sites, I paid extra attention to which sites were advertising. Don't just assume that advertising makes for a good stock promoter, but it increases the odds that they are of higher quality if they're willing to pay to get their name out there. Anytime I see a new site advertising, I immediately sign up to it and then wait to see what they email about.
- I utilized helpful websites
I have to say, involving myself with the Promotion Stock Secrets team was one of the most helpful decisions I made while learning about the stock promoters, and it even helped in gaining a better understanding of how promotions work. The site is absolutely loaded with great information - even reading their free content can be educational. For those of you who would prefer free options, there are other routes to go. Penny Stock Rumble is a great tool to use to find out which websites were sending emails on the top OTC movers of the day. I subscribed to their email list and then signed up to the sites they mentioned in each of their daily emails. This was also a great way to help figure out which sites were connected. pumpsanddumps.com is also a good way to keep track of which sites are emailing on what tickers. I wouldn't rely on this site to give you alerts on promotions, but you can certainly use their information to find more promotion websites to sign up to. Their "Directory of Touts" is especially helpful, although a bit outdated.
- Pay Attention to DETAIL
You have to notice the little things. pennystock.com is NOT the same promoter as pennystocks.com. Sites ending in ".com" and ".net" are DIFFERENT WEBSITES. Don't get confused by the minor differences. There are tons of crummy websites out there trying to look like the best promoters! You really have to have an eye for detail.
If you have 10 promoters emailing on the same ticker, that doesn't mean they're all related. Read the emails, see which emails are exactly the same. Related websites will send out the same emails, word for word. If two sites are promoting the same ticker but the emails are different, chances are they aren't the same promoter. Once you've began to figure out which sites are related, start a spreadsheet or some other tracking tool and keep track of who's grouped together and what their past promotions are!
I hope this advice on finding promoters will be helpful to all of you! See part two of my article, which details WHAT makes a good stock promoter and some of the promoters I currently believe to be most effective.
Thanks for the time spent in putting these articles togheter!
ReplyDeleteRegards!
Great blog post Tim. I've read every single one of them so far. I have a question that's a little off topic.
ReplyDeleteWhen you are buying OTCBB break outs, how early do you put your order in? before the b/o, or after the b/o? And why? I've heard that you have to be early on OTCBBs.
Thanks
Usually I try to buy it immediately as it's breaking out (just in case it doesn't pull back). If I can't fill on the way up, then I wait for the first pullback and try to get in there, which is usually right around the same price. Buying into weakness is easier too
DeleteAwesome. Cant wait for part two! Thanks Tim
ReplyDeleteGreat posts Tim, they've all been very helpful. I read that the SEC has been cracking down on pump and dumps in the last several months. Has it been getting harder to find good pump and dump plays recently?
ReplyDeleteIt has gotten harder, one of the top promoters "Awesomepennystocks" got shut down last year so there's been a decline in quality promotions for sure. Also, with more stock suspensions, it's FAR riskier to overnight a promotion
DeleteThanks for the reply!
DeleteGreat insight into how you got your start. I like the idea of using your e-mail address to help track the promoters. I'm currently working on a spreadsheet to use so I can track how much each promoter can make a stock move.
ReplyDeleteHey Tim, is Promotion Stock Secrets owned by the same guy running Pre Promotion Stocks on profit.ly?
ReplyDeleteI believe it is.
DeleteActually no, it's a totally different service and team
DeleteTim - I'm a newer Sykes and SuperPro member and your posts are very informative and helpful. Thank you for taking the time to type these articles.
ReplyDeletehi Tim, is it possible that promoters send out the spammails in different "waves" to their clients? and not sending out a promotion at the same time to all the customers? if yes, would it make sense in ur opinion to got multiple email boxes for the promoter to track more exactly when and how the promotion set up?
ReplyDeleteYep, this is actually quite common. I have multiple email addresses for this very reason, eventually I'll get around to doing a post on this!
DeleteI googled "We are engaged in the business of marketing and advertising companies for cash compensation", it returns a load of promoters website.
ReplyDeleteHey Tim you stated on your post that " pumpsanddumps.com is also a good way to keep track of which sites are emailing on what tickers. I wouldn't rely on this site to give you alerts on promotions, but you can certainly use their information to find more promotion websites to sign up to. Their "Directory of Touts" is especially helpful, although a bit outdated." What are Touts? And how do they help finding the best penny stocks?
ReplyDelete"touts" are promoters
Deletewww.pennystockipedia.com is also another way to track pump and dumps stocks, daily pump and dump list is provided.
ReplyDeleteHi Tim,
ReplyDeleteI have two questions, I hope you can help with. I could not find answers to these anywhere else on you site. So here goes:
1. What guru/service/strategy would you recommend to someone who can only trade part-time from the afternoon (2pm EST to close) each day with an account of $2000? (Am in Europe and that's when I can realistically start trading). I use SureTrader and have already traded for 2 months and am trying to learn as much as possible. I have already blown up my first account of about $1500 and want to make it work this time with dedication. Pennystocking Silver (which I am currently subscribed to) seems too fast-moving for me. And I don't seem to be learning as much any more from Tim's videos. I have thought about joining Nate's chat as I loved his DVD and he seems to have more time for his members but am not sure. What would you do in my position? Between scanners, trading software, gurus and scan sites, I am quite confused about the best setup for a part-time trader. I am already paying about $300 per month for DAS trader software with SureTrader and Tim's Pennystocking Silver membership. I have also seen your posts on setting up a scanner but Equityfeed or Stockstotrade are also around $200 per month. What services do you consider absolutely critical for success and what would you do in my position? It would be good to use time as effectively as possible and I am prepared to pay if I can save lots of time in research/decision making.
2. I thought about joining promotionstocksecrets but the site does not look like it has had any fresh content in the last couple of months and the monthly fee seems quite high. Do you know if the site is still producing good research/content for paid subscribers?
I know my questions are a little wordy but am hoping you can help!
Alex (MunichLondon)
How long do you hold a short position normally in a dump?
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ReplyDeleteTim,
ReplyDeleteThank you for your informative data. We have a company that will be trading very soon. How do I find the best stock promoters to work with? I promise this will be the best stock on the market. Of course, it will never be a pump & dump.
Tim,
ReplyDeleteThank you for your informative data. We have a company that will be trading very soon. How do I find the best stock promoters to work with? I promise this will be the best stock on the market. Of course, it will never be a pump & dump.
Hello, I really need help, and any info on that will be very useful.
ReplyDeleteI subscribed on about 20 promoter pages, but I dont get any conformation emails from them, that I should get from them. I only got about 7 of all 20 promoters that I sing up.
No I dont know why is that. I use GMail, is this a problem?
I checked all of my G Mail folders, spam, trash,... and I dont have any mail on my block list so i dont understand what is the problem.
If anybody have some info about that,would be great.
Thank you.
This comment has been removed by a blog administrator.
ReplyDeleteThis comment has been removed by the author.
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