How Does Doubling Stocks Pick Their Stocks?

June 18, 2009 · Filed Under picking stocks 

by Miles Reitman

It had been quite a while since the last time I heard from Michael Cohen, one of the men behind the stock picking robot whose selections of penny stocks are written up in the Doubling Stocks newsletter. You can imagine my surprise when, out of the blue this morning, Michael wanted to tell me how Doubling Stocks picks their stocks. Here is what he said.

To be fair, it is a brief explanation, but it certainly gave me a fresh insight into the workings of the minds of successful stock picking gurus.

Michael said that, at any one point in time he has about four or five stocks on his radar. These are the companies that he believes, for one reason or another, ought to be trading at a price that is significantly higher than it is currently at. Some of them, for example, might be stocks that are trading at around twenty-cents, but he feels would more appropriately be up at a dollar or higher. But there is more. And this is the reason why they only release a stock every six weeks or so. And the reason for that is because Michael also wants there to be a catalyst.

Anyone who has studied chemistry knows a catalytic agent is something that brings about a change. In Michael’s metaphor, he is on the watch for some sort of event or occurrence that is going to trigger the market to sit up and pay attention to this company, and then, of course, re-evaluate the price of their stock. He said that at the moment, he is keeping a close watch on three companies that all are likely candidates for his next stock selection. And one of them, he believes, is a “REALLY great company.”

And what is Michael doing right now? Everything he can to locate the catalyst that could stimulate one of these potentially hot stocks into action. And he says he doesn’t think he is too far away.

That being the case, anyone who is not already on Michael’s email list still has time to get on board with Doubling Stocks.

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