HomeIs MULL a good counter for trading (with Beta value of 1.20 & Dividend of almost 5%)?
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4 posters
MULL for Trading ?
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
Join date : 2014-02-23
Age : 66
Location : රජ්ගම
_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
Leon- Top contributor
- Posts : 1264
Join date : 2014-03-11
I have not seen much volatility in this counter. But you could use this dividend thing for your advantage.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
one problem with penny stocks which are below Rs 2.00 is when you buy you can buy enough but when you want to sell their is a huge queue to sell awaiting ahead of you...Volume is too big...When your selling order is about to execute price fall..
smallville- Top contributor
- Posts : 1872
Join date : 2014-02-23
Location : Trying to figure out..
Yes.. YW is 1000% correct..
You have to be really careful with low % gains.. like 10-20% max.. If you try, get in ard 1.4 with GTC orders.. if you get asap put a sell at 1.60-1.70.
You have to be really careful with low % gains.. like 10-20% max.. If you try, get in ard 1.4 with GTC orders.. if you get asap put a sell at 1.60-1.70.
_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
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