Believe me nothing is more thrilling - there really is no other word for it - than seeing a share go from 9p to £36. Which is exactly what happened to Polly peck a few years back. Durlacher was another one. Their shares rose from a low of around 17p to a high of 447p at one point. In fact the largest numbers of winners in every year's best performing shares are penny shares. And there are a number of reasons for this.
All big companies started small, often as a low priced share. That's one reason why so many of them become penny share winners - growth. But there are lots of other penny share winners… like the 'recovery' shares - great companies that have fallen on bad times and seen their shares drop to mere pennies…only to recover sharply as profits return.
There are plenty of opportunities for profit ... if you know what to look for. Find the best companies to buy and, perhaps more importantly, the companies you should not touch with a barge-pole! And finally, know when to sell to capture your profits.
All big companies started small, often as a low priced share. That's one reason why so many of them become penny share winners - growth. But there are lots of other penny share winners… like the 'recovery' shares - great companies that have fallen on bad times and seen their shares drop to mere pennies…only to recover sharply as profits return.
There are plenty of opportunities for profit ... if you know what to look for. Find the best companies to buy and, perhaps more importantly, the companies you should not touch with a barge-pole! And finally, know when to sell to capture your profits.
