Well, it’s good to see that Matt has toned down the hype on his Micro Cap Millionaire website. His former page indicated that you would be a millionaire in no time. You cannot play the penny stock market without incurring some losses. That’s the nature of the beast.

Using my rating system, I give him a 3 out of the 5 penny stocks products that I have reviewed.

Matt produces a weekly newsletter that usually contain the name of the micro cap stock with the exact price range for buying and then what you should sell it at. A good newsletter keeps track of their picks and that is what Matt does with updates on how the picks are doing. The newsletter costs $49 a month which is a big drop from what it used to cost - $199 a month.

Matt claims he has developed a system of unearthing penny stocks (micro caps) that are ready to move up in price. Matt claims that most of them make extraordinary moves to the upside. He avoids showing you any proof because he knows that many people believe they are just downright lies. Anyone with Photoshop can doctor an image to show all kinds of false data. What he does show you are videos of real people who have made money with his system. At least he claims they are real and not actors.

He warns of the pump and dump crowd that will pump up a stock with worthless hype and the price may or may not go up. In either case whether it goes up or not, at some point they will flood the market with the stock and drive it down to zero. The pumpers have shorted the stock and made a killing while leaving the poor suckers that bought into the newsletter with empty wallets.

Micro Cap Millionaire actually answers emails from its subscribers. That’s a big departure from the norm.

He favors a variety of stock picks:

Bottom Bouncer
Quick Flip
Sleeper Stock Alerts
Bankruptcy Billionz
Reverse Merger
Penny Pump Finder Strategy

Matt claims that if you just invest $200 and follow his Micro Cap Millionaire stock picks you can turn that $200 into $1000 in your first month. Next, turn the $1000 into $10000, etc. And by using the magic of compound interest and superb investing, the gains will add up very quickly.

And get this. He warns prospective subscribers that if they have absolutely no tolerance for risk, his newsletter is just not for them. If the investor can’t handle a loss with aplomb, this kind of newsletter will give them panic attacks. And let’s face it. This is risky investing and while the investor can make a lot, on the other hand they can also lose big owing to the volatility of micro cap stocks.

Sometimes liquidity presents a problem when large trades, say $10000 or higher, then it may not be possible to complete the trade. But if you stick to small trades, then there is nothing to worry about.

Matt does not offer any bonuses for investing in his Micro Cap Millionaire newsletter.