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If You Have a Crystal Ball, NAK Stock May Be For You
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If You Have a Crystal Ball, Northern Dynasty Minerals Is for You
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By Nitin Shahi
Purchasing a stock at less than Rs 10 and watching it grow ten times or more is no less than a dream come true situation for any investor. That’s the fundamental appeal of penny stocks.
As the name implies, penny stocks are shares of companies that trade at prices less than Rs 10. Such stocks are highly volatile in nature, and usually carry a lot of risks, mostly due to inadequate liquidity, lack of proper information about the business and smaller numbers of shareholders.
Penny stocks are fickle in nature, have smaller market capitalisations and are prone to manipulation. So if there is a price rise in such stocks, it may so happen that an investor will not be able to sell his shares until the price drops again.
The Best Penny Stock Brokers
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Convertible Noteholder Banned to Trade Penny Stocks, No Conversions, Tamino Minerals, Inc. Commences Litigation
Toronto, Ontario (Newsfile Corp. - May 13, 2021) - Tamino Minerals Inc. (OTC Pink: TINO) ( Tamino or the Company ) has been informed that the Securities and Exchange Commission SEC has prohibited this Convertible Noteholder Noteholder from trading so-called Penny Stocks . Therefore, they will not be in a position to convert the Note that they currently hold into shares. Therefore, Tamino will have no conversions at all as it had been posting on Social Media.
Back in 2014, Tamino Minerals, Inc. entered a two staged financing with Noteholder consistent of a Direct and an Indirect component and because of their trading ban they will not be able to complete any further transactions.