These penny stocks including Trident Ltd showed tremendous growth! further bullish signs.
Penny Stocks are forms of market traded securities that attract minimum pricing. These securities are generally offered by companies with lower market capitalization rates. Hence, they are also called nano-cap stocks, micro-cap stocks and small-cap stocks depending on the market capitalization of the company. The market capitalization rate of a company is determined by the product of the current price of its shares or stocks and the number of shares outstanding.
At times, the volatility in the prices of these shares can be unpredictable; Thus, increasing the risk factor. However, these risks can be easily mitigated if you do your research and choose the right penny stocks. Thus, make sure that you do not shy away from doing extensive technical and fundamental research.
