What's new

I know Single Stocks seem like a scam, but what about penny shares?

MeatInjection82

New Member
I have made profits in the past by investing in penny stocks. I used a simple strategy:
1.) I invested on the JSE, min trade R10000 per stock
2.) I only picked mining or mineral stocks
3.) I always selected a PE ratio of 10 or less
4.) Investment term is for at least 3 months and max 1 year
5.) I cash out once I reach my target no matter what the stock does next
6.) I look for the next potential penny stock.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 3, Members: 1, Guests: 2)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks