Monday, August 19, 2019

How USEI Gained 27,250% in 2012

This was a really short book. It was more like a pamphlet. It tries to explain how a stock investor could have detected the meteoric rise of a stock with the ticker symbol USEI. This is a penny stock. It soured in 2012.

There were a lot of cautions in the book. Most of the time, you should expect to lose your shirt in penny stock trading. Also, nobody got a 27,520% gain on this stock. However the author believes some achieved 600 to 700 percent. That is a 5x pay or more.

I don't think there were any real insights in this book. If you did know the secret on how to detect stocks that appreciate 700 percent, you would not be sharing that secret with anybody else.

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