Peterleeds.com. Does anybody use this penny stock advice website?

[sgt]

I subscribed for two years now, haven't made any profits.

[Ron Berue]

One of the first trading lessons I learned:
There aren't any gifts on Wall Street.

Yesterday, I JUST told the members of our trading group in the chat room:
Stay the devil away from the penny stocks, those .BB & the .PK stocks! They are very, very, very risky and volatile!

Its better to invest in fewer shares of a higher priced stock. Personally, two of my trading rules are:
1] I won't trade any stock less than $26.50 per share AND
2] the volume must be AT LEAST 1,250,000 shares per day.

Thanks for asking your Q! I enjoyed answering it!

VTY,
Ron Berue
Yes, that is my real last name!

[Chad]

Peter Leeds has stated himself that 95% of penny stocks are worthless. So even an expert is going to have a hard time finding the other 5% that are worth anything.

I used the service a long time ago, but learned that the penny stock game was not for me very quickly. So no I made nothing using the service either.

I do not think Peter Leeds is a bad guy, I just think it is impossible to pick quality penny stocks consistently.