Penny Stocks
- Thread starter sunil_the_geminian
- Start date
200% now??
i already have 110% now.......will sell half my shares when it touches ard 140% stuff.....as will have stcg on it...
I dont feel to keep stocks like this for long term or to give it to your kids type....for that reliance hero honda r good
Penny stocks i wont say its bad to invest but......for really short while u must invest in it...for a month and book profit..or atleast 3 months to see profit in it....or book lost and invest in another penny one to nullify the lost from the same amount u get in return
i already have 110% now.......will sell half my shares when it touches ard 140% stuff.....as will have stcg on it...
I dont feel to keep stocks like this for long term or to give it to your kids type....for that reliance hero honda r good
Penny stocks i wont say its bad to invest but......for really short while u must invest in it...for a month and book profit..or atleast 3 months to see profit in it....or book lost and invest in another penny one to nullify the lost from the same amount u get in return
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Penny stocks and giving you good return in 1-3 months? I would like to see your past performance and what stocks you invested in. Small caps & penny stocks are the last to move up in a bull trend but first to see correction in a bear market.
Satyam, I am still as much confident as I was when it touched Rs. 6.5. I like to pick penny stock with a target of 12-24months when with a return of over 500%, one such pick was Evinix at the price of 1.46 which is currently traded around 3.5 and touched almost 5 just after election results. Another good company could be CALSREF which you might not see any major price movement for mid term but its good to have in your folio for long term. It is a oil refinery to be, they are in a process to dismental a working refinery from germany, ship it to west bengal and start production by 2012
Satyam, I am still as much confident as I was when it touched Rs. 6.5. I like to pick penny stock with a target of 12-24months when with a return of over 500%, one such pick was Evinix at the price of 1.46 which is currently traded around 3.5 and touched almost 5 just after election results. Another good company could be CALSREF which you might not see any major price movement for mid term but its good to have in your folio for long term. It is a oil refinery to be, they are in a process to dismental a working refinery from germany, ship it to west bengal and start production by 2012
Dude/sir.....though to some penny stock means one which trade at below 10 price.......But some still consider satyam a penny stock.....
I am also from that bracket....the stock which u havent heard...but much more in value than 10 buks are penny for me(though each has his on definition)....
Presently i have my investment in this stock....geefcee finance limited......bought at 58 ard a month bak.......could have sell at 111 which it reached...but my target was 125......in 1-2 months i was abt to get 60% return cutting stcg......same goes with other stock......time period may differ but lukily for me 1-2 months time period worked...i m not a daily trader
But i must say % return must differ......as i need good % i didnt sell...but basically if i get 25% retun also in short time i sell...since i find it much better logic than to invest in bank fds......becoz i play with money i had kept in bank for fd
Anyways i wanted to know from where u get information about the fundamentals of the company i cant find any for my stock presently..
I am also from that bracket....the stock which u havent heard...but much more in value than 10 buks are penny for me(though each has his on definition)....
Presently i have my investment in this stock....geefcee finance limited......bought at 58 ard a month bak.......could have sell at 111 which it reached...but my target was 125......in 1-2 months i was abt to get 60% return cutting stcg......same goes with other stock......time period may differ but lukily for me 1-2 months time period worked...i m not a daily trader
But i must say % return must differ......as i need good % i didnt sell...but basically if i get 25% retun also in short time i sell...since i find it much better logic than to invest in bank fds......becoz i play with money i had kept in bank for fd
Anyways i wanted to know from where u get information about the fundamentals of the company i cant find any for my stock presently..
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Your broker's site should have that information, company website. For me I visit KotakSecurities.com and do some research on the past performance of company, including trading volume which is a must if anytime I want to get out I should always have buyers in that company. Recently I started to evaluate Investar which seem to be a pretty good software for EOD research on fundamentals & technicals.
at the end all I can say best of luck.. if you are happy with 10-15% return in 1month then I would recommend to look at these companies and get out when you get 10-15% return and not wait for 100% return.
Twilight Li-Taka Pharma
Fedders Lloyd
ISMT
Pioneer Distilleries
Twilight Li-Taka Pharma
Disclaimer: I do not have any vested interest in any of the above company.
at the end all I can say best of luck.. if you are happy with 10-15% return in 1month then I would recommend to look at these companies and get out when you get 10-15% return and not wait for 100% return.
Twilight Li-Taka Pharma
Fedders Lloyd
ISMT
Pioneer Distilleries
Twilight Li-Taka Pharma
Disclaimer: I do not have any vested interest in any of the above company.
i love penny stocks, the most important is when u invest in them, buy at low prices, 52 week low's around
Rkforge bought at 64 just to try bought only 100 , in around 15 days sold at 85, next day it went to 89 and then fall started, 86..83..79..76..72.
invested 6400 , earned 8500-6400 = 2100
ribatex bought at 36 sold at 47 in around 15 days, cud have easily sold at 51
invested 200 shares 3600 X 2 = 7200, earned 9400-7200 = 2200
Ruchisoya ordered 200 only 19 executed at around 36 sold at 61
36 X 19 = 684 , earned 1159-684 = 475.
without any tension, neither i had to look on them daily.
but a wrong choice wud make hell in penny stocks, invest wisely.
Rkforge bought at 64 just to try bought only 100 , in around 15 days sold at 85, next day it went to 89 and then fall started, 86..83..79..76..72.
invested 6400 , earned 8500-6400 = 2100
ribatex bought at 36 sold at 47 in around 15 days, cud have easily sold at 51
invested 200 shares 3600 X 2 = 7200, earned 9400-7200 = 2200
Ruchisoya ordered 200 only 19 executed at around 36 sold at 61
36 X 19 = 684 , earned 1159-684 = 475.
without any tension, neither i had to look on them daily.
but a wrong choice wud make hell in penny stocks, invest wisely.
As per Health minister - Swine flu is going to effect every 3rd person in India in near future.. This means enormous profit for multi speciality (large) hospitals..
I have been tracking the relevant stocks and Apollo Hospitals is the most decent picks - Strtegically and fundamentally. Currently thee is 200% demand of the stock compared to sell side.... Don't miss this opportunity..
Abhishek
I have been tracking the relevant stocks and Apollo Hospitals is the most decent picks - Strtegically and fundamentally. Currently thee is 200% demand of the stock compared to sell side.... Don't miss this opportunity..
Abhishek
This is also correct... stocks like Cipla was high... on the news of Indian makers of Tamiflu ... Which is only government controlled and once other companies are allowed to sell the drug... for Cipla
But for Hospitals they are going to stay... India has worst ratio of 1:5000 ratio of beds Vs people......
for CiplaBut for Hospitals they are going to stay... India has worst ratio of 1:5000 ratio of beds Vs people......
i love penny stocks, the most important is when u invest in them, buy at low prices, 52 week low's around
Rkforge bought at 64 just to try bought only 100 , in around 15 days sold at 85, next day it went to 89 and then fall started, 86..83..79..76..72.
invested 6400 , earned 8500-6400 = 2100
ribatex bought at 36 sold at 47 in around 15 days, cud have easily sold at 51
invested 200 shares 3600 X 2 = 7200, earned 9400-7200 = 2200
Ruchisoya ordered 200 only 19 executed at around 36 sold at 61
36 X 19 = 684 , earned 1159-684 = 475.
without any tension, neither i had to look on them daily.
but a wrong choice wud make hell in penny stocks, invest wisely.
Rkforge bought at 64 just to try bought only 100 , in around 15 days sold at 85, next day it went to 89 and then fall started, 86..83..79..76..72.
invested 6400 , earned 8500-6400 = 2100
ribatex bought at 36 sold at 47 in around 15 days, cud have easily sold at 51
invested 200 shares 3600 X 2 = 7200, earned 9400-7200 = 2200
Ruchisoya ordered 200 only 19 executed at around 36 sold at 61
36 X 19 = 684 , earned 1159-684 = 475.
without any tension, neither i had to look on them daily.
but a wrong choice wud make hell in penny stocks, invest wisely.
But only 30% taxing looks bad to me..lolz
Decent priced penny stock i can say...though many says penny stock which gives 300% is worth investing...and themselves have their money lock in big weights like reliance..and still after a year cant get the normal %u get in a month cutting stcg and all brokerage stuff
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