DCC 7.32% 4.4¢ digitalx limited

DigitalX and Cryptocurrency News, page-785

  1. 4,194 Posts.
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    Do not lose your patience, wait for an update.

    However It's up to you if you want to sell it, Do your own risk management.

    We must Realise that we are in a "Penny Stock".

    Penny stocks gives higher risk or Higher return.

    Majority Penny stocks are not good businesses or they are scams and doesn't have a good management. DCC is neither one of them nor the best one.

    I would call DCC "a good stock" when it's able to cross 44 cents.

    If you want to invest in a low risk stocks then you must accept the lower return. You must stop investing in penny stocks.

    Please do research what is a penny stock?

    Sp under $5 is a penny stock

    Market Cap under $1 billion ( IMO)

    Minimum revenue has to be $50 million PY to count is an ok stock. This has to be consistent from past few years.

    A penny stock should be under 5% investment of your portfolio if you want low risk, good investment portfolio .

    I am positive on DCC for longer term compare to other penny stocks. IMO

    A good investment practice is hold "a good" stock between 1 to 5 years or more. If you are happy with your return then sell it.

    Avoid being overactive in the stock if you cannot control your emotions. Forget about buying or selling pressure without any reason. If there is a backing proof or reason then sure sell it.

    All IMO
 
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