Not every program is the same or as effective as the next, so here is how to pick out the most profitable exclusively penny stock targeted programs.
There are a number of different software options on the market today which are effective for producing effective penny stocks so that you can invest accordingly, if you do not know what you're doing. They perform all the analytical work on your behalf, so that all that is left is to invest accordingly.
First, I recommend only going after those programs which focuses exclusively on cheaper stocks. Some programs attempt to go after penny and greater priced stocks, but in my experience they typically lack in one or both areas. Programs which only target cheaper stocks are the best because of how different the analytical process is due to the increased volatility.
With that volatility also means that penny stocks are the cheapest investments found on the market and you can make a huge profit in a very short term, by investing in the right stocks, hence using a program.
These stocks can go on big jumps or drops, so with the penny stock specific stock selection software which allows you to distinguish between those stocks that are going to on large jumps in the market from those who will lose value you can make a sizable profit.
Also make sure the program offers a money-back guarantee to go with it. This cuts back on the likelihood of a scam product, but also allows you to get the program is first-hand and test it as I always do to get a handful of stock recommendations and gauge their performance in the market accordingly. No money must be risked to try one of these programs, in this way, so make sure the publisher guarantees your success in this way.
Finally, refer to user review sites for in-depth reviews from people who were some of Penny Stocks specific programs tested first hand and decided to share their experiences online. Often they will be biased towards someone like you, and can be a great help when all else fails.
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If you don't have the experience to devote towards it, you should consider using a stock program to handle your analytical work for you.