August 15, 2012: Continuing their search for the answer to the question, "Just how gullible is the average penny stock fool?", Awesome Penny Stocks announced today that the release of their next “pick” to regular subscribers of their newsletters would be delayed by another 5 or so hours, in order to give their premium members, “more time to act on their pick”.
Translation: “We want to see how many more suckers we can get to pay us up to $1,000 for information they think they’re going to get in advance.”
In case you’ve missed it, APS, in conjunction with purportedly new management, has announced a Premium Membership, open to only the first 2,000 applicants (uh huh), available at $149 per month or $999 per year, and initially intended to give premium members a head start on new APS “picks”. At first, the head start was supposed to be one hour, now, with today’s announcement, it could be as much as a day.
First of all, if you’re foolish enough to believe that premium membership is limited to 2,000 applicants, do yourself a favor and put a bullet in your head right now. You’re too stupid to live and you’re going to get taken to the cleaners on a regular basis, so you might as well end it all right now. Do you really expect that APS would turn down another 2,000 applicants, which might bring as much as an additional $2,000,000? Membership is limited only to the number of pigeons they can catch.
Secondly, the value of a full day head start or a one hour head start is exactly the same, zero. Exactly how long do you think it will take APS’ “pick” to appear all over the internet, once they release it to their premium members? 20 minutes? 5 minutes? Try one minute! Premium members will get a negligible head start, maybe only a few seconds. Jeez, all you have to do is take a look at which OTC stock is at the head of the volume leaders one minute after the pick is released at 10:40am Eastern.
Thirdly, and most importantly, what happens if the “pick” is a failure, which is absolutely possible, as we surmised in yesterday’s advisory. There are dozens of reasons that APS may not have another successful pick and anybody willing to dish out hundreds of dollars without at least seeing how the new APS works out, is an absolute moron, even if the next “pick” is up 1000%. Will you get a refund if the “pick” is a failure; if the SEC shuts down trading in the stock (very possible if you look at yesterday’s advisory); or, if the management of APS gets arrested/charged (also possible)?
The last minute change in APS’ plans to delay release of its “pick” to regular members was purely for the purposes of enticing additional suckers to join the world of premium membership. We don’t know how many have joined thus far (there is no reason to believe APS' claims). It could be 100, 1,000 or 5,000 fools, but rest assured there is no limit to the number of paying members APS will accept and the actual value of premium membership is zero. Subscribers are paying for air.