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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » TESLA still penny? Learnt from TESLA- Penny Millionaire

TESLA still penny? Learnt from TESLA- Penny Millionaire

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Eranga87


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
penny stock attracts investors for some reason. many penny stocks that had strong financial also went on to become multi-baggers over time.

A growth stock, a share in a business that's shown above-average earnings and has the potential to grow faster than the overall economy. Because such stocks generally increase in price more quickly than other stocks, you may pay more for each share — based on what the company's current earnings are — than you would pay for the stock of a slower-growing company. If the stock's value increases, you can claim that value in the form of capital gains.(cpd.)

before you investing a penny, better to considering above mentioned things. try to pick winning growth penny stock. commonly, most of the people downgrade penny stock. they never give an idea which is the best-growing penny stock. now, promote another type of share. again you will lose from that share. if you think penny stock is not good for investment, TESLA never to go upward. earlier TESLA has trade @ less than USD 5 . how much today, investors willing to pay?? TESLA is not still a penny. that's why, I explained to you, pick growing penny other than loss-making. growing penny significantly move up with reasonable reasons.

most of largest company's stock has been traded as a penny, some or more times. you should have analytical skill pick growing penny. every penny is not good for long-term investment. you should have the ability to pick a winning penny considering a higher PE ratio than the broader market, higher revenue growth, accelerating earnings growth, market dominance, product & market development, innovative mgt.

solid penny stock that rewards you with profitable gains is against you. That said, finding a diamond in the rough isn’t impossible if consider present and potential growth.

Otherwise, don’t bother with penny stocks, unless you have money to burn.

another thing is, don't ignore penny stock success stories & disregards tips and read disclaimers.

Mithooshan, invest thinker and SL-INVESTOR like this post

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics
agreed,  Smile

earlier, EXPO  penny stock, now, it is not penny. it's growing .. Mr.NP, also got EXPO at top price level. no one believe expo will become giant. at beginning level NP said, EXPO is too much higher @ price 6. but he touch EXPO @ 12.

GLAS is like sleeping giant, now, again came 2nd chance, collection. it move asap.. Mr. NP also comeback to buy glass in future.. again Mr. NP tweet downgrade penny.. definitely he'll touch GLAS. I know, very well.. when he need to take some shares he tweet negatively. bcoze, he wants to panic others for collecting @ bottom level. i think, he has GLAS 8Mn shares..

Keshav, geesura and SL-INVESTOR like this post

SL-INVESTOR

SL-INVESTOR
Manager - Equity Analytics
Manager - Equity Analytics
Thank you Eranga 87. Our intention is to make more profit with available time period. Now it seems market is moving towards penny stocks. because small movement of share price can give good return to the investor.
           GLAS & BPPL is good opportunity in this week. it's has more strong financial back ground and GLAS still have pending positive news which can lead to increase share price very fast. I touch GLAS @ 6.8-7.6 price range. I hope this week GLAS will break all the time highest value. GO GLAS GO !!!!!!

Keshav likes this post

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics
don't forget winning growing penny, absolutely it, should GLAS.  cheers

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