I am constantly scouring the Internet for new stock newsletters. I don’t always follow their advice and trade their picks; I just love knowing what’s going on in the exciting world of trading. Sometime I end up spending so much time researching and not enough time investing. Which leads me into my next blog post…Penny Stock Newsletters!

I won’t get into reviewing them for you but I will share with you the tools you need to determine what newsletters are worth your time from the ones that are more worthy of your junk mail folder.

I’ll start our Newsletter journey at  StockReads.com

This is a comprehensive site that uploads a lot of newsletters and they show which stock has the most newsletters out each day. It’s simple and gets to the point nothing fancy; I check it once in awhile to see if there are any new newsletters that I don’t know about.

Next is PennyStockRumble.com

I have to be honest; this is one of my favorite penny stock sites online. Aside from it providing useful information, the site is actually really fun. Many penny stock sites tend to be stiff or overly gimmicky but PennyStockRumble takes Penny Stocks to another level.

In a nutshell, PSR monitors over 400 newsletters and websites everyday and of all the alerted stocks get added into one trading tool, also known as ‘The Rumble Ring’.

The ring shows you all of the alerted stocks, their current stats and what newsletters alerted the stock. Its great how they lay out all the information you want/need in a fun and comprehensive way.

At the end of the market they declare a ‘Champion Penny Stock’ and give out title belts to the winning newsletters. I found a page on the site that gives you a list of all the winning newsletters; this is amazing because it makes choosing which newsletter to follow an easy decision.

There is a ‘Ring Side Judges forum’ where you can see all of the past winners and stats and interact with other investors. Overall I think this is a site that need to be bookmarked and checked often, there’s nothing not to love about it. Their currently giving away an Apple ipad too! Here is a commercial from them (as you can see the people that run this site have a great sense of humor!)

http://www.youtube.com/watch?v=td1b45Q_ER8

And now on to StockGumShoe.com & Investamonials.com

I strongly suggest that before you choose to invest in a newsletter pick you do your homework and check these sites out. It’s really basic, type in your newsletter of choice and read the customer reviews. I have to say, some of them are horrifying and some of them seem to be ‘made up’ but I think you are smart enough to decide which reviews are legit. I suggest adding your own experiences to these sites…were all in this together!

XOXO The Queen

This is a tricky one.  After all if we all knew which small cap stocks to invest in we’d all be enjoying huge returns on our investments.

But in some cases the lack of success with this type of stock investment is down to a lack of research and knowledge.  If you want to focus in on a particular niche sector, you need to figure out which one is going to be right for you.  And you cannot do that by closing your eyes and sticking a pin in a bit of paper.

So how can you find the all important right sector for you?

Firstly you should think about identifying a sector that you have a natural interest in.  If you do this you will find it easier to get the information you need – and your own knowledge could also come in handy.  You won’t often find a huge amount of information about small cap stocks, so the more you know personally the better the odds are of finding something suitable.

Google should also be your friend when you are looking for specific stocks to invest in.  Simply searching for ‘small cap stocks’ plus the sector you are interested in will produce some results initially.  You will also find websites and experts that focus in on these stocks alone.  You may find it helpful to make notes and lists of potential companies to invest in as you go along.  You can then go into those in more depth and find out all you can about them.

One thing you need to remember is that this kind of stock is highly volatile.  Since you are essentially investing in the potential future of a company you need to buy the stock and hang onto it, rather than selling it at the first opportunity.  This is how many people play the market with these stocks.

Remember too that identifying hot sectors can also be useful.  For example green issues and any similar sectors are well worth looking at for obvious reasons.  A company which has some good ideas for saving the planet in some way could be one to watch for the future.

As you can see, finding the best small cap stocks in a particular sector is partly about making the most of what you know and partly about finding out what you don’t.  Getting the combination right could pay off for you in the long term.

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