Frequently asked questions

disclaimer

The penny stock picks experts at Affordable Stock Inc. have put together a list of commonly asked questions about our hot penny stocks subscription and the world of penny stock investing. The following penny stock information and stock picks will be helpful for both the new and experienced penny stock investor. More information is available in our stock market terms and stock trading tips sections. If you can’t find the answers you need, feel free to contact us via email at Ceo@affordablestock.com and we’ll get you the info you need to make wise penny stocks investments.

1. How do I get my picks?

Our picks are posted each night on our web site. You will be given a user name and password when you sign up. You will use these to log on to our site and view our picks for the next trading day.

2. When are the picks posted?

The picks are posted each night, Sunday through Thursday. We try to have them posted by 5pm MST. The picks will be for the next trading day.

3. Do you give the buy, stop loss and sell price?

Yes. When the picks are posted, we will give an entry price (buy), stop loss and an exit price (sell). We will also list why we like it and why we feel it is ready for a gain. We make it easy to understand and we take the guess work out of stock investing.

4. How many picks do I get each night?

We scan thousands of stocks each night looking only for those that have the highest probability of making gains. Rather than throw a bunch of stocks at you hoping one will be good, we only pick one to two high quality stocks. We put them all through the ringer and then take only the top ones. Again, we want the highest probability we can get.

5. How long have you been in business?

We have been in business for 15 years. We have been offering our stock picks on the Internet for 13 years. We feel we must be doing something right. If we weren't we would have been long gone by now.

6. Where do I buy and sell the stock?

You will buy and sell the stock through a broker. We suggest using an on-line broker. They are easy to use and are usually cheaper.

7. What broker should I use?

There are a fair number of on-line brokers out there. We have great success with Ameritrade.com. They are great to work with and charge only $10 per trade. A lot of our customers also like and use Scottrade.com. They charge only $7 per trade. Our International customers use Lowtrades.com. You will have to contact each one and see for yourself which one would work out best for you.

8. How much money do I need?

You can use any amount you like. However, you need to keep in mind your broker fees. You will have to pay your broker each time you buy and sell a stock. This will take away from your profits and may eat up your entire gain.

9. How many stocks should I buy?

It is important to be diversified if you can. Instead of placing all your money on one stock, spread it out among three separate stocks. For example, if you had $3,000 to invest, place $1,000 on three different stocks. When one sell, replace it with another.

10. How do I cancel?

All you need to do is send us an e-mail saying you wish to cancel. Please cancel before you subscription renews. Once you have canceled, you will no longer be billed and your subscription will expire on the following renewal date. If you do cancel, we will send you back a conformation that your subscription is indeed canceled.

11. When should I sell?

This is totally up to you. You can wait for the stock to reach our suggested selling price or keep the stock and start using a trailing stop loss once it reaches the target. This will allow you to get the most out of the stock and your investment. You can also sell at a certain percent you have made you own target. For example, you may want to trade stocks more often while locking in on a lower percentage. You may want to make your goal a 5 percent gain on each stock. Do this 5 to 10 times per month and you would have a 25 to 50 percent gain each month on your investment.

12. Should I use a stop loss?

Yes. You should always have a stop loss in place. This will protect your investment from a sudden sell off while your not looking. It also helps you to be disciplined in selling a stock that is under performing. We will give you a stop loss price.

13. Do you show all your picks for the month in your history?

Yes. Every pick we have picked for any given month is posted on our stock history page for that month. We leave nothing out and we show them all. We post the losers along with the winners.

14. Do I need to cancel before my subscription renews?

Yes. If you wish to cancel, you need to do so before your subscription renews. For example, say you signed up on the 10th of the month. You need to cancel before the renewal date of the 10th for any given month. If you canceled on the 13th, your subscription would have already been renewed and your subscription will run until the next month and then expire on the 10th. Once you do cancel, you will no longer be billed.

15. If I cancel in the middle of my subscription, do I get a prorated refund?

No. Your subscription will be canceled and you will no longer be billed. However, your subscription will run for the rest of the month until it expires on your renewal date.

16. Do I have to sit in front of my computer all day?

No, not at all. We will post our picks each night for the next trading day. This will give you plenty of time to place your buy order for the next trading day. You can use a limit order to buy the stock the next day for the exact price you want. Once you have purchased the stock, you can place an order to sell at a certain price. All your transactions will execute while you are away doing the things you need to do.

17. Do you really answer every e-mail you receive?

Yes. We answer every e-mail we receive. Usually the very same day we received it.

18. Will my subscription start from the time I sign up or at the first of the month?

Your subscription will start and be renewed from the date you signed up. Let's say you started on the 12th of the month. Your subscription will be renewed on the 12th of the following month.

19. Do you accept checks and money orders?

Yes. You may send a check or money order if you do not wish to use your credit card. You will be required to send a check each month if you wish to continue your subscription. You may experience a disruption in service if you do not send your payments in on time before the renewal date.

   

 

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