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Penny stocks dominate and retailors keeping a keen eye.....

+4
Deva
Arena
Redbulls
anjelo
8 posters

Go down  Message [Page 1 of 1]

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

it is seen today that retailers were hunting for penny stocks and a bullish runs are seen here and there specially in counters like CSF.
2mor will be a deciding day.
if the strong stocks gains the penny stocks will automatically gain momentum and also with 6000 getting near. it would be a very interesting situation.
mind games will be playing.

with the MPI gone and only ASI to look at. once a positive sign is seen.the retailers will jump into trains.
but still we can see more and more cautious buying.
but positive attitude is developing.
if this trend continues. we might see a similar but much smaller and smarter bull runs.



Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

May be next week we can buy these penny stocks cheaper , when the brokers hut starts to clear the credit.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

2morow i would sell half of my speculative counters.

LOl................

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

Arena wrote:2morow i would sell half of my speculative counters.
Good move.

Deva


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Arena wrote:2morow i would sell half of my speculative counters.

LOl................

I am also in the same line of thinking. Looking to book some profits.

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

What are the best penny stocks to keep an eye on?

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

worthiness wrote:What are the best penny stocks to keep an eye on?
Question should be "What are the best penny stocks to buy now."?Time to observe and collect slowly passed by.Not it's time to catch the speedy bus.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ECL seems good. It sustain the momentum even when CSE was struggling.And capital trust is a god type investor to follow at the bear stage. KAHA also same but not a penny stock.

Nest also had its own movement at the bear stage and already showed its value from 700 to 1400+ ..

Just my view. Use your knowledge when you take decisions.......



traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Arena wrote:2morow i would sell half of my speculative counters.

LOl................
well its a mistake most of us do.....to take profit too early and to cut losses too late (on margin call) its better to have at least 1:5 risk:reward factor.

anyways i am not trying to influence your trading decision which lies ultimately in your hand but i am merely sharing my opinion.

a better stop loss can always make one comfortable and for those who are willing to take losses in pride, and trading according to his/her proven plan.

TAH

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Sorry ,

There is a possibility for ECL to go for a right issue. So think twice............ Probably will be a 400m maximum as per the annual report. May not be that much great share until it is done but who knows.

@ traderathome .

I agree with you. But really i have a lot of CLPL W14 bought at 5.50. it trades at 50% profit but small quantities. Do you think 50% is too early to exit. ha ha

And if you take AAF also was at 2.50 and today went 3.30.
30% profit.

Speculation is all about exiting the right time.

Any way hope 10 is a good target for CLPL W s..

traderathome

traderathome
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

today the charts are showing weird.....unable to have a look.

thats true......but could you tell what waas your entry price for CSF or the averaged cost.
TAH

sahan8896


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

RWSL can also reach 3 easily.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

nop Bro.

It is CLPL w i am trying to get rid off. Not csf.

CLPL w 14 i bought at 5.50. That lot is at credit as well.

At the same time the entire lot Avg. cost is 7.

No need those info. since I got your point correctly. People book profits during mid of great rally's which is a disaster.

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

sahan8896 wrote:RWSL can also reach 3 easily.

ammoo dont touch RWSL
check the owner ships.
there are few main owners and very few shares going aound.
most call it the turtle.
dull share.
if u r in for penny go for active ones like
MULL
ECL
BLUE
HVA
CSF
Ect......

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Ya when we consider past behavior of RWSL is seems dull .

But i hope their SALT investment will be a gem in the future. Most of the times dull companies makes fabulous returns on the long run. I dont know whether they are break even with those. We will get all the details with the next Annual report .

mark

mark
Expert
Expert

Arena wrote:nop Bro.

It is CLPL w i am trying to get rid off. Not csf.

CLPL w 14 i bought at 5.50. That lot is at credit as well.

At the same time the entire lot Avg. cost is 7.

No need those info. since I got your point correctly. People book profits during mid of great rally's which is a disaster.

once i tried to push it down and lost,so had to buy back paying premium(CLPLW13) :@

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