Penny Stock Winners [Paperback]

Bowser R. Max (Author)

Book Description

Publication Date: March 1, 2000

Penny Stock Winners is a collection of interviews with fifteen successful individuals who have entered into the exciting world of microcap investing. The investors have one thing in common: a successful investment system named "Bowser's Game Plan." The Game Plan helps with the selection of companies to consider, when to buy their stock and when to sell for maximum profits. These investment techinques are explained in simple-to-understand steps. Also, eight financial advisors and professionals tell their views regarding the positive reasons for investing in microcap stocks. The author, R.Max Bowser, is the editor of "The Bowser Report", which is in its 25th year. Max invests his own money in his penny stock recommendations, producing spectacular profits.

Editorial Reviews

About the Author

Max Bowser is the editor/publisher of "The Bowser Report," which was started in the 1970s and is the only investment newsletter for stocks $3 a share or less. From 1973 to 1979, Max futher studied the stock market, refining his techniques for investing in low-priced equities. It was also during this period that he decided to concentrate on stocks selling for $3 a share or less. He then determined the format for the newletter, principally by mailing it to a select group across the country and considering their various suggestions. Although it initially had only 40 paid subscribers, today "The Bowser Report" is now in the top 3% circulation-wise, among the hundreds of investment newsletters.

Excerpt. © Reprinted by permission. All rights reserved.

Preface.

It's not significant that we personally make money buying and selling the stocks we recommend in our monthly investment newsletter, "The Bowser Report", which is now in its third decade. There is a portion of the investing public that benefits from the stocks we deal with.

In fact, these low-priced equities appeal to many. That's the reason our newsletter is in the top 5% of the hundreds of advisory services -- circulationwise.

In our previous book, "Making Dollars With Pennies", we emphasized the method that we use in buying and selling what we call "minipriced stocks". We emphasized our Game Plan.

This book has a different purpose. Here we tell the story of individuals who have successfully invested in minipriced issues. These fourteen people testify to the fact that our Game Plan does work.

However, the first section of this book does briefly review our investment techniques. It also discusses other factors that affect investment decisions.

Additionally, we discuss microcap stocks with some professionals.

Nevertheless, the heart of the book is found in the stories of fourteen individuals. Who come from different walks in life. Who come from different geographic areas. And who share a love for small companies, that grow and make this country great.

R. Max Bowser

Product Details

• Paperback: 230 pages
• Publisher: Marathon International Book Company; 1st edition (March 1, 2000)
• Language: English
• ISBN-10: 1928877001
• ISBN-13: 978-1928877004
• Product Dimensions: 8.5 x 5.5 x 0.5 inches
• Shipping Weight: 10.4 ounces (View shipping rates and policies)
• Average Customer Review: 3.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #1,601,399 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

13 of 13 people found the following review helpful:

1.0 out of 5 stars DO NOT BUY THIS BOOK, June 10, 2005

By 

Paul Martinez (Houston, TX) - See all my reviews

This review is from: Penny Stock Winners (Paperback)

This book is a huge scam. It gives worthless testimonials that tell you nothing about how to buy and sell Penny Stocks. Additionally, it is potentially the worst written book I have ever read. Riddled with typographical errors it appears to me an opportunity to fill up pages so that the author can make money rather than offering any real decent product. Additionally, it seems that the majority of the other reviews of this book were written either by the author of this book or by one of his close friends because they are nowhere near the truth. If you buy this book, do not say you weren't warned.

8 of 9 people found the following review helpful:

5.0 out of 5 stars Middle America taking risks and being rewarded..., April 14, 2002

By 

aseclyst (New Jersey) - See all my reviews

This review is from: Penny Stock Winners (Paperback)

First let me say that although at least two chapters in this book are repeated verbatim in Max Bowser's other book, "Making Dollars with Pennies" (chapters I identified are "Wannabe Ostracized? Buy Minipriced Stocks" and "Why does Merrill Lynch hate $2 Stocks?"), this is definitely not the same book in a different cover and you are really missing out on a true gem if you don't get this one.

In contrast to "Making Dollars with Pennies", which was more of a "how to" type of work, this book mainly consists of profiles of successful investors, which are for the most part excerpted from past editions of the Bowser Report (therefore, if you've been subscribing to the Bowser report for a while you've read practically everything in this book - still, it's refreshing to read it all bound up as a book). About two thirds of the profiles are of past or current subscribers who are following Bowser's "game plan" and doing well (although the figures are presented in a fuzzy manner). The remainder are various participants in the small cap stock market. Strangely, the one interview with a bona fide celebrity, Lou Dobbs of CNN, fell flat with me; he seemed out of his element.

The subscriber/"Winners" represent a broad cross section of Middle America, with all of the everyday problems of regular people (divorce, illness, unemployment or a general lack of money to invest). A significant portion of those profiled have a military background, and they are not necessarily of the World War II generation where military service was well nigh universal in men. Bowser himself retired from the military before starting his "Bowser Report" in the 1970s and one suspects that perhaps his subscriber base grew through word-of-mouth among military people. If there is anything in particular that sets the winners apart, it's that they all appear to be self-starters who are willing to stick to their guns with investment ideas and let the chips fall where they may. They also appear to show significant emotional maturity towards their investments. Although they often invest in companies profiled in Bowser's Report, they tend to view the investments as "their" picks, whether the stocks ultimately end up winning or losing. They don't run to Bowser and whine.

Although I don't know specifically how many people subscribe to the Bowser Report, Bowser's market strength is alluded to in the book more than once, particularly in the days following when Bowser issues a buy recommendation on his "Company of the Month". As Bobby Cohen, a market maker, reports on page 176:

"Max, on the Monday after you pick a Company of the Month - there is a huge number of buy orders. A market maker doesn't have to be a rocket scientist to know there's something happening with the stock."

Because the interviews in this book span the 1990s, one can see in retrospect how much the internet has changed the investing landscape, such as when Lenny, interviewed sometime around 1996, remarks [p. 75]:

"Do you realize how difficult it is for a guy sitting here in a small town in Maine to get the phone numbers of these companies [that Bowser covers]?"

I rate this book so highly not because any particular investor in this book is brilliant. In fact, they each appear to have significant flaws. The impressiveness of the work comes from seeing the American everyman & woman grapple with independence in a stock market that is blatantly not set up to serve them first. Rather, it is geared towards mutual funds, pension funds, brokers, etc., all of the big players. To see all of these people go against the grain and succeed is very heartening.

10 of 12 people found the following review helpful:

1.0 out of 5 stars Penny Stock Winners, February 28, 2004

By A Customer

Amazon Verified Purchase

This review is from: Penny Stock Winners (Paperback)

First of all I would have rated this book only a quarter of one star but the lowest rating was one star. Now, after having said that I would like to say that there were a few penny stocks mentioned in this book but for the most part, stocks listed in this book were what I would categorize as low-priced stocks instead. How can you classify a stock trading as high as five dollars as a penny stock? In my mind, it's apples and oranges.

I also did not think that bringing up religion in this book was relevant and I saw it mentioned over and over.

I did like the Lou Dobbs interview and that was about it.

For newcomers interested in penny stock investing stay away from this book because it has no value as far as I'm concerned.

Sorry, Mr. Bowser but I returned the book for a credit.