Australian (ASX) Stock Market Forum

What to do with my penny stocks?

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hi all,

i have 7 penny stocks, where 4 out of 7 have lost over 50% over the last 6months, should i just dump them?
 
Re: wat to do with my penny stocks

hi all,

i have 7 penny stocks, where 4 out of 7 have lost over 50% over the last 6months, should i just dump them?

What stocks are they and no one here can advise what to do with them (unless holding the appropriate license), only have a look and say what they think of them
 
Hi Poortrader,

It is illegal to ask for or offer specific financial advice on forums such as ASF.

Nobody here can legally advise you to buy or sell particular stocks.

If you are unsure as to what to do with your penny stocks please consider consulting a licensed financial advisor. The following information from ASIC may be useful: http://www.fido.asic.gov.au/fido/fido.nsf/byHeadline/Getting good advice

All the best! :)
 
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