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Penny Stocks unable to recover lost grounds
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singaporegal
Supreme |
04-Nov-2008 21:21
Yells: "Female TA nut" |
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Yes I know. What I mean is that blue chip stocks will fall but percentage-wise, penny stocks get whacked really hard in a short time in comparison.
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cathylmg
Elite |
31-Oct-2008 10:32
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So does blue chip stock.
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AK_Francis
Supreme |
31-Oct-2008 00:29
Yells: "Happy go lucky, cheers." |
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OK, those 1 ct n 2 cts penny stock, including warrant, can buy now???? Coy sent u annual report for AGM. Not black listed in SGX???? Comments. |
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singaporegal
Supreme |
30-Oct-2008 20:18
Yells: "Female TA nut" |
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I think it's very perceptive of you to see this. The performance of penny counters generally tend to do well only when there is a bull market. During bearish times, you'll see % price and volume fall drastically as punters bail out big time.
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knightbridge
Veteran |
30-Oct-2008 17:43
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Buying penny stocks rules: 1) Avoid loss making companies 2) If the give a beautiful story - only good management can executed the plan (Check the directors history) 3) look at sectors they are in - what type of profit margin you are looking at 4) Look closer at there sales revenue - this is hard for company to doctor, any kelong will be discover very fast. |
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ekekeg
Veteran |
30-Oct-2008 09:28
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I want to sell, but no chance. Half a cent is hard to get also. | ||||
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abc2xyz
Senior |
30-Oct-2008 09:25
Yells: "A stock sucker always enriches the market makers" |
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This counter too large issue of shares. Hard to come up unless some miracle happens to the company. Treat it as burnt. I have 10 lots now worth not more than $50.00. bought long time ago. They are now trying out retailing at Orchard Road, selling their products.
Sell this counter if you have the chance, because a number of big guys are holding convertible bonds at 0.05 cents convertible to shares at 0.05 cents per share. Thus once 1 cent and above, they will sell to make their millions of dollars.
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AK_Francis
Supreme |
29-Oct-2008 16:34
Yells: "Happy go lucky, cheers." |
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Venture boomed owing it directly dealing services with US. Now, US is struggling, Venture just can't help.
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ekekeg
Veteran |
29-Oct-2008 15:34
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My sunmoon food is jilted by all investors. No buyer dare to come up. Think I must begin to patronize the retail outlet in Shaw Plaza. Go and buy some Fuji apples. Must support our own store. | ||||
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knightbridge
Veteran |
29-Oct-2008 15:11
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Penny stocks got to analyse there management team. If they are rich and good can buy some to keep. Penny are the highest risk in the market also provide the best return in the market. Venture Ltd used to be a penny stock at 40cent. |
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freeme
Elite |
29-Oct-2008 11:15
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During bad times.. these penny stocks will stay in penny range. Cant expect much.. | ||||
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AK_Francis
Supreme |
29-Oct-2008 11:09
Yells: "Happy go lucky, cheers." |
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chialat, AK needs to wait ku ku liao. ha ha my Benfen now only worth 1 ct, a forgotten Kingdom.
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ekekeg
Veteran |
29-Oct-2008 10:59
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While most blue chips have recovered from their worst lows, penny stocks are flat at the bottom "face down" since the collapse of global stock markets. Think all penny stocks will DIE standing, waiting for time to be delisted. No good sign at all for everyone. | ||||
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