bosley
- 20 Feb 2004 09:34
Sequestor
- 23 May 2005 15:04
- 4643 of 27111
Home Subject index Bookshop Forum Tools Glossary Help I want to learn about Global-Investor.com > Incademy.com > Investing in smaller companiesInvesting in smaller companies
Introduction| Course| Q&As | Recommended reading| Quiz | 1 2 3 4 5 6 7 8 9 10 11 8. Penny shares and other speculative stocks
Penny shares, meaning companies whose share prices are below about 1, are not necessarily companies with small market caps, but often they are. They are worth mentioning briefly in this tutorial because:
investors often mistakenly equate penny shares with small caps
investors often mistakenly assume that because a share price is low, the shares are cheap
penny shares are often presented as high growth companies and treated by
penny shares are volatile
Richard Koch, author of Selecting Shares that Perform, says:
"Most penny shares are low quality, illiquid, expensive to buy or sell, and highly speculative. Many are in companies run by people of dubious repute. Some just represent the last resting place of once great companies before their formal burial."
Not a fan then.
superrod
- 23 May 2005 15:07
- 4644 of 27111
driver
you are confused with discovery and invention.
any lucky bast... can find oil, gold or diamonds.. WINDOWS wasnt DISCOVERED IT WAS INVENTED
Kayak
- 23 May 2005 15:09
- 4645 of 27111
Windows was neither discovered nor invented, it was ripped off from Apple :-)
Chiva20
- 23 May 2005 15:21
- 4648 of 27111
Driver - You made me laugh again! Sort em out Bos.
Sequestor
- 23 May 2005 15:32
- 4650 of 27111
driver- they had it in 1970 odd,Penny Share Paper- I used it until I realised that Polly Peck,wasn`t a woman with a Crystal Ball making everyone millions, have to say it was more fun in those days without all the regulations, I reckon the boys in charge of Penny Shareds Mag. stuck a pin in the FT ,picked any penny share and bgt. loads Friday p.m.- sent out the letters and cashed in by Monday lunch, I know I did.
Not too many poeople outside The City had a/c `s in those days, a mate of mine worked as an accountant, his practise had the ` 70`s high tech. gear- ( called a telephone account-lol) and we used their broker.We cleaned up for a while `til Polly Peck floored us,
g`luck, this friggin` hedge needs work again
bosley
- 23 May 2005 15:59
- 4651 of 27111
if it ends in p, then by my reckoning , it's a penny share!! if it starts with , then it's not!! how bleeding hard was that!!!? blimey , sequestor , you've been around the block a few times!! what's a guy your age doing playing with sharp instruments, trimming what must be a very big hedge considering how long you are spending on it? :)
superrod
- 23 May 2005 16:00
- 4652 of 27111
batten down guys. looks like sh*t and fans about to collide.
i hold seo btw. but dont have the same blinkered view as some here.
jimmy b
- 23 May 2005 16:10
- 4653 of 27111
What on earth's that ment to mean superrod.
Sequestor
- 23 May 2005 16:11
- 4654 of 27111
tough as old boots I am bos` ex-para, ex-miner,ex- co. director, ex-husband,ex-dividend, ex most things now-lol,
the hedge is 5m high and about 150 m. perimeter, and I`m working off a step ladder, every 1/2 hr. it pees down, and the bit i`m under is below an elec. cable, hence the pauses.
Like your idea of a penny share- just type in SHEL on stockwatch- see that price-477p, must be a penny share then??
superrod
- 23 May 2005 16:13
- 4655 of 27111
going down, come on all you believers. get the cheque book out.my dosh is evaporating. :o((
Sequestor
- 23 May 2005 16:14
- 4656 of 27111
blimey, that was well spotted before the event superrer, looks like 25p might be a buying time soon
belisce6
- 23 May 2005 16:24
- 4657 of 27111
hope so......am waiting eagerly !!!!
bosley
- 23 May 2005 16:57
- 4658 of 27111
sequestor, you're an ex lot of things but you certainly ain't an ex pedant!! no need to panic. seo is doing it's usual retracment bit after a healthy rise. good buying opportunities coming soon.
driver
- 23 May 2005 16:57
- 4659 of 27111
superrod: Re
"you are confused with discovery and invention"
Sorry did I say Microsoft discovered Windows, I ment to say, Microsoft discovered flaw in Windows
Microsoft Discovers Telnet Flaw in Windows.
http://www.pcworld.com/news/article/0,aid,83283,00.asp
insiderinside
- 23 May 2005 17:00
- 4660 of 27111
1300 orders in the price already and 1 order got
Sounds a bit more dodgy now.
Sorry if I ramped it and said I expected 100 orders RNS today - and it was only an order of 1.
By the way - rumour has it EK is maybe going to go short on SE0 - its is his diary entry today I am told.
jimmy b
- 23 May 2005 17:00
- 4661 of 27111
driver get that Ferrari ready i'll pick it up at Chritmas.