2006-09-21 09:46:17 · 11 answers · asked by paula c 2 in Business & Finance ➔ Small Business
Tenbobland
2006-09-21 09:47:29 · answer #1 · answered by Warlock Fiend 4 · 0⤊ 2⤋
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It’s absolutely true that penny stock investors can make very quick gains. Synutra International, Inc. (NASDAQ: SYUT) is a great example of a penny stock. This dairy-based, nutritional-products company has jumped from a little Bulletin Board operation to a billion dollar corporation. The company finally graduated from Over-the-Counter status to the NASDAQ Stock Market bringing with it 113% gains in less than two months.
This happens all the time and it’s how some of the best investors in the world became the richest investors in the world. Buying some shares for pennies on the dollar and selling at $10 or $20 is possibly the fastest way from being a hobby investor to a super investor
2016-02-15 21:46:20 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Surely the name 'Poundland' gives you a clue? Pound land... 50 miles off the coast of Peru.
2006-09-21 09:55:28 · answer #3 · answered by Anonymous · 0⤊ 1⤋
They import a lot of stock direct from china & india by massive bulk buying
2006-09-21 09:48:28 · answer #4 · answered by tonytucks 3 · 0⤊ 0⤋
Trotters Independent traders
2006-09-21 09:49:16 · answer #5 · answered by Bill L 5 · 1⤊ 1⤋
Hong Kong dollarland
2006-09-21 09:54:17 · answer #6 · answered by Spook 4 · 0⤊ 1⤋
Landfill
2006-09-21 09:57:45 · answer #7 · answered by Anonymous · 0⤊ 1⤋
From sweatshops throughout Asia
2006-09-21 09:58:33 · answer #8 · answered by Anonymous · 0⤊ 2⤋
Gerald ratner would make a good chairman he sold crap and got the push
2006-09-21 09:58:26 · answer #9 · answered by Anonymous · 0⤊ 1⤋
i can find out but i believe they have massive buying power now.
They will not buy anything from suppliers if it costs more than 20pence
2006-09-21 09:48:09 · answer #10 · answered by ☺Everybody still loves Chris!♥▼© 6 · 1⤊ 0⤋