Best done when you know you have bought at a very low price. Means you can get dividends of >1000% down the line.
Not so good done with blue chips or well-established companies as @1ronnie has been pointing out on his thread.
Its why I said no to the idea of a 700% gain which is a small % of my expected long term gain.
Long Term Investor, page-2
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Change
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Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $18.05K | 157K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 448169 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 50000 | 1 |
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