more penny stocks

[longus]

what do the Gurus in the feel about penny stocks like Greif and transexpr.
They seem to have returned good profits last fiscal year.

[c kenneths]

I would not know how to make comments about a stock I have not analyzed very well.
Greif and Trans expr. are all penny stocks and since you said they returned good profits last yr, what other things did you find out from them?

Investing in them is like taking a gamble except if you did your homework very well.

For me I never put my money into any company I have not known for a very long time.
By the way, what products do these companies produce, please educate the forum, we are all learners here.

[longus]

Transexpr is tranex , a courier service in Nigeria while Greif was formerly Van Leer packaging. It is tough to get info on these companies when you are outside Nigeria but I know Greif is part of an international company also called Greif, listed on the NYSE with symbol GEF.

Originally Posted by c kenneths

I would not know how to make comments about a stock I have not analyzed very well.
Greif and Trans expr. are all penny stocks and since you said they returned good profits last yr, what other things did you find out from them?

Investing in them is like taking a gamble except if you did your homework very well.

For me I never put my money into any company I have not known for a very long time.
By the way, what products do these companies produce, please educate the forum, we are all learners here.

[hispy99]

Originally Posted by longus

Transexpr is tranex , a courier service in Nigeria while Greif was formerly Van Leer packaging. It is tough to get info on these companies when you are outside Nigeria but I know Greif is part of an international company also called Greif, listed on the NYSE with symbol GEF.

I guess you need to find out if both stocks are easy to trade. I'm sure they are illiquid, so getting out when you want to might be pretty difficult