Stop Buying Penny Stocks.
#1
As said, even if the market bounced up, penny stocks will be in doldrum.
Many of these companies are in debt and are cash tight with loans due and horrible earnings.
Banks will soon not be generous and start tightening loans
Small companies with no moat will have problems securing available contracts.
Oh yes, the syndicates that were pump and dump are already holding losses !
Waiting to be "summoned" by SGX.

So move on to stronger cash rich and fundamentally strong companies. In financial crisis, every cent is valuable and you are accountable to your family to save for the hard times to come.
[+] 1 user Likes big-picture's post
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#2
Crying
[+] 1 user Likes babygirl's post
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#3
26-3-2020 12:07 PM
babygirl said:
Crying

Dont cry. I have discover a penny stock not listed in SGX with potential to return 10 to 50 times within few years only.
All My Posts are Fake News and Comments are Untrue. [Image: i2C2ng7.jpg]
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#4
What is the definition of penny stock ?...how much price is call penny leh..
dunsee dunsee
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#5
As the markets start to rebound from the recent sell off , you guys think the worst is over?
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#6
My own definition of penny stocks:

From 0.50 - 0.99 - second liners
From 0.10 -o.49 - penny stocks
Below 0.10 -micro-pennies
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#7
Only 30% see value in cheap chips and gamble with cheap chips.
The rest only got eyes and invest in blue chips.
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#8
this is worst than anything we've seen before.

worst than AFC, GFC, dotcom bust
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#9
26-3-2020 2:12 PM
tester said:
this is worst than anything we've seen before.

worst than AFC, GFC, dotcom bust
Crying
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#10
Since January 23.......till now. Good news - Wuhan will lift its travel lockdown on April 8.

China -- Huge crowds jammed trains and buses in Hubei province on Wednesday as people seized their first chance to travel after two months under lockdown at the epicenter of China's

https://newsinfo.inquirer.net/1248275/hu...down-lifts
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