Cals refineries

columbus

Well-Known Member
#12
Now LC... :)
Boy this company is a Gamble... :)

Many PENNY stocks follow same pattern.I got an e-mail ,that LCC infotech
will rise substantially ,it is in final stages in clinching a BIG order.From that
day it was in UPPER circuit from 915-330.(whole trading day).After substantial
rise ,oneday you will not find it in circuit.You will buy the stock in good
quantity.Next day onwards ,it will be in Lower circuit.It will hit LC in quick
succession.You can not sell the stock now ,because there are no BUYERS.
This is typically what happens in some PENNY stocks.
 

rajeabc

Well-Known Member
#13
Now LC... :)
Boy this company is a Gamble... :)
it could be more than a gamble..but risk reward ratio is also very high.. I am sure you will be knowing about this company and related new developments..

Even Pantaloon , Sesagoa , Aban.. were some time trading below 1 rs..

I am not recommending to buy..... however I am holding in huges Qnty free of cost.. I had few lakhs shares @ 32 paisa average.... I sold enough to make my holding( In lakhs) free of cost......

Once they finish FC.. then UC will take it to 4-5 Rs without any break..
BUT.... WHEN WILL THEY COMPLETE FC ?.. and RISK IS VERY HIGH..
So play only if you can handle..
 
#14
Investing 5-10% in the penny stocks is rewarding sometimes.... That is what i believe in... Have a Small amount of Cals(<1%)... Losing it never matters... As already Covered the initial investment.... Now just sit and Watch... May be 1 year or 5 years... May be let the whole amount go away I ain't losing anything.... :p If i gain, Then i will gain some real money... :)
2 Days UC = 44% gain.... :)
Just a beginner in investment, But Taking care that i don't end up in losing side... Get out your Principle.. Remaining, You can afford to lose... [Well, I have a day job]
 

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