Posted by: lopchandai October 25, 2013
Login in to Rate this Post:
0 
? 
?
Ok Birendra bro. When I said penny stock, I didn't mean any random stock that is less than a dollar. I meant a well established company that is less than $5. Nokia and American Airlines used to be penny stock. Look at them now. From less than a dollar, American airlines is now trading at around $7.
Before you invest in a stock market, YOU NEED TO DO A LOT OF RESEARCH. I have made money from both of the stocks that I mentioned above. Nokia was in my watch-list even before Microsoft announced to buy it.
So far, I haven't lost in any of my trades. But I am not good in selling my stocks. Yesterday, I sold $STXS @$4.11. But as soon as I sold my it, the price went up and up and up. It was trading somewhere at $5.60.