Reward-risk outcome favours buying a stock trading below 10c and which have a strong potential to scale above 10c. If you buy below 10c, e.g 9.3c each move up or down is 0.1c e.g from 9.3c to 9.2c but once it hits or crosses 10c, each move up is 0.5c , so your upside potential is 5x your downward potential . Provided of course, the stock is not trading at a demanding valuation, that would be a good reward to risk outcome buying below 10c.
A stock that has the potential to do this, maybe today or in the week ahead, is Biotron (BIT) which is now at 9.3c with low quantity of sellers below 10c. Tracking BIT stock behaviour in the past, it somehow strangely performs well in days when the broader market generally isn't doing so well.
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Reward-risk outcome favours buying a stock trading below 10c and...
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