Shares & Derivatives
Multi-bagging Singapore stocks
By Singapore Stocks Investing (SSI)  •  May 17, 2016
Today, there are many Singapore stocks which become multi-baggers. Consider Jadason stock, this stock closed 215.385% of yesterday’s closing. Attilan and Blumont each rose by 200% and not to mention LifeBrandz which rallied up by 100%. If you had a crystal ball and pumped $100,000 into each of these rally stock, you will profit $100,000 today. But we know that these stocks do not necessarily have good fundamentals. They are penny stocks and Attilan and Blumont are two of the trio stocks of the penny stock crash of 2013. A look at today’s top % gainer does suggest that the Singapore stocks markets are now into penny stocks and when we see such a great interest and rallying of penny stocks, I think the Singapore stocks markets will continue to trend south, if not more south. Hence do not fall prey to greed and assume profits can be achieved ......
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By Singapore Stocks Investing (SSI)
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