The problem with penny stocks is the uncertainty. Periods of silence from management makes punters nervous if they've been burnt before. Some punters/traders won't hold over the weekends, some won't hold over night and some are out on one pip up or one pip down!
Personally I like to hold for the long haul. I won't go into all the criteria associated with my method but my most important key factor in my stock investing is a stock having a sound management first and foremost, period!
Patience will be rewarded with IP1, IMO, as IP1's management also have big skin in this one which is another one of my key factors, when management and insiders are investing along side shareholders to the tune of MILLIONS OF DOLLARS!
Once again, PATIENCE will be rewarded, IMO!
GLTAH!
Jocko
Ann: InPayTech to Merge with Comply Path, page-192
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Last
6.5¢ |
Change
-0.005(7.14%) |
Mkt cap ! $111.8M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.8¢ | 6.5¢ | $109.0K | 1.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 112337 | 6.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 220000 | 2 |
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| Last trade - 15.54pm 11/10/2024 (20 minute delay) ? |
| WRK (ASX) Chart |