Lets make two categories
Less than 5 rupees and
Less than 1 rupees
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@ipoguru wrote:Is that means penny stocks are bad?
@Vinu wrote:PAP.SEMB.BLUE,NHL,MULL Seems good to me.I do not have expert knowledge on this , but I always like to keep those expecting some miracles in the future.Sometimes it worked for me
@Leo_pold wrote:I have been studying these penny stocks very closely. And I think there are two types of penny stocks to be interested in.
1) First there are penny stocks worthy of collecting. Those are AMSL, DIAL and FLCH. These 3 shares are trading at their lowest prices and will rise with the rise of the market. FLCH looks really promising as it trades well below the IPO as well as the PP prices and also NAP. Besides, all 3 companies have done well in recent times..
2) Then there are stocks that show signs of upcoming rallies. Those are ATL and SEMB. Both these shares are not profit makers, but they are some of the favorites of the traders.
Besides these two categories, MAL and NHL looks promising to me.
Please don't take this as any form of promotion. I have mention these shares so that you could do your own home work and decide what to do with them. (Out of those I have mentioned, I only hold ATL at the moment.)
@rajithasamaranayake wrote:Penny stocks are not for long term hold
@slstock wrote:@rajithasamaranayake wrote:Penny stocks are not for long term hold
Hmm, Interesting comment . Food for thought.
Well if one gets in early to identified growth potential Penny stock you can bag in multiple times its value in the long term. Remember that a company has to start somewhere.So being in the penny section does not mean it is bad. The key is to identify them correctly from a bunch which maybe have duds for long term.
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