Thread replies: 6
Thread images: 1
Anonymous
Penny-stock tips
2016-07-01 22:42:44 Post No. 1353549
[Report]
Image search:
[Google]
Penny-stock tips
Anonymous
2016-07-01 22:42:44
Post No. 1353549
[Report]
My retirement investments are in index mutual funds / ETFs, but I like to speculate with penny stocks. Does /biz/ have some recommendations?
Pic not related.
Specifically, I am looking for companies that have a clear business model / product, a low market capitalization, and a lot of potential in a 10 year time frame. It needs to be a business that I can understand.
An example of a company I bought in the past was Ocata Therapeutics. When I bought them, they were a stage 1 pharmaceutical company that developed a stem-cell based retinal transplant to cure a couple of forms of macular degeneration. It was highly successful in animal trials. After the stage 1 trials were successful, they were bought out by a private company. I doubled my money, but I was really hoping to hold that one long-term.
Any suggestions?
