What are penny stocks in PSE? Can you name some? thank you :)

[eggstyan]

This thread will enlighten newbies and our fellow investors on the folowing:

1. What are penny stocks
2. How do penny stocks work
3. What is the anatomy of a pump and dump
4. How to earn from penny stocks
5. How to recover from a great loss because of penny stocks

God bless!

[Ollie]

...wow grabe naman to bos eggy isang libro na to pag natapos haha...why don't you write you memoir on this here? That could be an eye opener too, your contribution for the newbies...write a long one and in detail, you can post it in here or in another thread or in any thread you want...just write it

[milk and honey]

There should be a list of penny stocks in this thread

[milk and honey]

Sir Eggs nice vid.

[eggstyan]

tnx commander ollie
it is a pleasure to educate our newbies so their positions will not be "dumped" by the "pumpers"

ok, to give the readers an idea, kindly click the link on my signature. Bro milk and honey, congrats! Now you are a little enlightened about the anatomy

In my humble opinion, Penny stocks are almost all the 3rd liner stocks which are trading actively during speculative times. They are dormant for months or even years then it starts to move wildly when someone puffs out some smoke in the market ^_^

My examples are: GEO, SLI (try to view the chart of these stocks)

[eggstyan]

nice theme Commander!

SMP Anniversary EB Theme: "Avoiding the Pump and Dump Trap, Identifying the Operators and Their Operations"

to SMP members, feel free to share your experiences as we celebrate the SMP Anniversary

God bless

[eggstyan]

A good example of a pump and dump situation in the Philippine setting:

Sta Lucia Land Inc. (SLI)



almost 60% of the initial investment of those who bought at 2.2 is lost..
The good hope: will somebody pump this stock again?

[Shoegazer]

May nagha-hype nito uli sa kabila.

[eggstyan]

mukhang may "pumper" na naman ng SLI... hihihi

If you want to enter a dumped stock, it is better to spend a little (in my humble opinion up to 10% of your portfolio).

Wag kau gagaya kay eggstyan kasi nag all in cya sa PWR (now CPG). Kaya ngaun, kamote at patatas pa rin yung kinakain ko sa bukiran

ooopppsss! kelangan ko pla pakita sa inyo un chart

[eggstyan]

Sample: