Regular readers to this blog knows that when I buy a stock, I do not anyhow choose a stock, but it is based on a long-term basis, that is to say, if the stock price heads south, I will not mind as I will have bought the stock on a “long-term” basis. With Next-Generation Satellite stock, the reason for ...
...Next-Generation Satellite Communications stock is currently trading at $0.003. Next-Generation Satellite Communications stock traded at above $0.05 before. At the current price, this stock is one of the lowest-priced stocks in the Singapore Stocks markets and is definitely a penny stocks. When it comes to penny stocks, Singapore investors shun them, just like what they do for S-chip stocks. However, when it comes to penny stocks, I believe there are good penny stocks and not-so good penny stocks, with the definition of “good” based on the stock company’s fundamentals.
