Testimonial Support

Testimonial Support
“The Penny Stock Letter”

Agora Financial, Inc. emails every purchaser of its “The Penny Stock Letter” newsletter and asks them to participate in a survey related to their participation in the program.

The surveys are conducted with a view toward determining the average or “typical” results of program participants. Approximately 220 subscribers responded.

Not all survey respondents responded to every question.

The survey process began in January 2020. Surveys are anonymous and were promoted as such to encourage honest responses.  IP addresses were tracked, and participants were unable to submit more than one survey to maintain the integrity of overall results

There are certainly many variables to take into account in determining what are the typical experiences and results of The Penny Stock Letter Subscribers.  The surveys take into account: prior experience, time expended, scope of the courses that were completed, program satisfaction, and types of transactions.  Please note that geographic location was not included, and results are greatly affected by specific market conditions.

The results of each survey are summarized below.

The Penny Stock Letter Newsletter: (220 responded)

1. Before finding The Penny Stock Letter newsletter, I was:

  • Investing Regularly: 18.2% (39/214)
  • Investing Occasionally: 31.3% (67/214)
  • Investing Rarely: 26.6% (57/214)
  • Never invested before finding The Penny Stock Letter Newsletter: 23.8% (51/214)

2. I have had a brokerage/investment account:

  • Never: 16.3% (35/215)
  • 0-6 months: 12.1% (26/215)
  • 6 months: 10.7% (23/215)
  • 1-3 years: 16.3% (35/215)
  • 3-5 years: 7.9% (17/215)
  • 5+ years: 36.7% (79/215)

3. Overall, I find the newsletters:

  • Extremely Useful: 27% (57/211)
  • Useful: 54.5% (115/211)
  • Not useful: 12.3% (26/211)
  • I don’t read the newsletters: 6.2% (13/211)

4. Since registering to receive the product, I have invested:

  • 0-$5,000: 80.7% (171/212)
  • $5,000-$10,000: 9.9% (21/212)
  • $10,000-$50,000: 7.5% (16/212)
  • $50,000+: 0.9% (2/212)
  • $100,000+: 0.9% (2/212)

5. Since registering to receive the product, I earned _____ in investments:

  • 0-$5,000: 63.2% (132/209)
  • $5,000-$10,000: 2.4% (5/209)
  • $10,000-$50,000: 1.0% (2/209)
  • $50,000+: 1.4% (3/209)
  • N/A: 32.1% (67/209)

6. Since registering to receive the product, my annual rate of return on my investments increased:

  • Over 1% but less than 3%: 19.4% (41/211)
  • Over 3% but less than 5%: 8.5% (18/211)
  • Over 5%: 3.3% (7/211)
  • Over 10%: 5.2% (11/211)
  • N/A: 63.5% (134/211)

7. I feel that the product has had a positive impact on my earnings from investments:

  • Yes: 44.2% (91/206)
  • No: 55.8% (115/206)

8. The amount that I now make on investments is greater than before I began using the product:

  • Yes: 30.9% (64/207)
  • No: 69.1% (143/207)

9. I would recommend the product to my friends and family:

  • Yes: 67.3% (140/208)
  • No: 32.7% (68/208)