Penny Stock- Dangerous as hell, attractive as well, A stock which is valued less than a dollar is quoted as penny stock.
Why Dangerous- It can make your complete investment in it disappear in no time. No technical analysis works properly on them and moreover due to low price it can be easily manipulated by any Tom, Dick and Herry.
Why attractive- it can make you rich, you can get a return of more than thousand percent in no time.
An investment in penny stock if clicked properly may convert your rupee one invested, into hundred in very short period of time.
And finally lets know some penny stocks which according to our analysis?? Can convert your rupee one to hundred??? In “No time”
Madras Fertilize CMP 42.45
Rail Vikas CMP 30.2
H U D C O CMP 33.55
I R F C CMP 19.8
**Opinion, not an advice**