Meet a “Ten Bagger” in less than 6 months!

Meet a “Ten Bagger” in less than 6 months!
Wednesday, January 2, 2008


When I first spotted this stock back in June, it was just like another penny stock at 17 . Today six months later the stock is at 191. That is 11 times its price!

The stock is VB Desai Finance and please look at the chart below. In December alone, it has moved from 90 levels to 190+ levels.

The only way you can make money in such stocks is through trend trading. A “buy and hold” never works here! Right entry and right exit are the key to making money.

For your information- the stock had moved from 2 to 32 during 1999-2000 and then fell back to 1 in 2001!


http://sagecapital.wordpress.com/2008/01/02/meet-a-ten-bagger-in-less-than-6-months/


Comment: Unlikely to be an investment grade stock. So much volatility. Usually avoided by those who buy and hold.