EMS 0.00% 3.0¢ eastern metals limited

3 cent buy sold at 5 cents = 66% profitnaturally there will be...

  1. 37,911 Posts.
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    3 cent buy sold at 5 cents = 66% profit

    naturally there will be selling

    the problem with penny stocks - it is easily lose track of value

    when EMS falls from 9 cents to 3 cents we think: "Oh, that is only a 6 cent fall" not realising it is a 66% fall

    similarly, when folks sell at 5 cents we think: "Oh, this is only a 2 cent gain" not realising it is a 66% gain

    that is why the same old folks post on these threads, watching their holdings go up and down like a yo-yo, thinking :"I has only gone down 6 cents, it has only gone up 2 cents".

    While other folks hold some stock but also trade the action

 
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