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Friday, November 6, 2009

The Myth of Laggard Stocks

Interested to buy those high volume penny stock because of their quick and high return?

Yes indeed they are very interesting to buy. But, did you think about their risks and their volatility before? You will face problem when there is something wrong with the stock. Such as the news below. Take care.

Bursa Malaysia Securities has issued a unusual market activity (UMA) query on Green Packet and RedTone following a sharp rise in price and volume of their shares recently.

Green Packet shares fell three sen to RM1.46 and the warrants six sen down to 95 sen at 11.39am. The warrants were actively traded with 41.7 million units done.

RedTone added 1.5 sen to 43 sen with 35.9 million shares done.



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