SHEETAL BIO-AGRO TECH LTD

This week my penny share is “sheetal bio agro tech ltd”
HOW I CHOOSE PENNY SHARE: - I think I describe again that “how I choose a penny share?” when I start this blog I disclose my penny share selection method but I think some of new visitors add with my site so I disclose this unique method again
* First of all I short al share price in ascending order (lowest to higher)
* Then select 20 minimum price shares
*if you try this you fid 20 minimum price share at closing price of 09.07.2010 as SANRAA, INDTRADECO ,CALS REF LTD, VENUS UNIVER ,ELTROL LTD., INTERFACE FN, ALKA INDIA, FILMCITY MED BRIJLAXMI LE ,PLATI CORP ,KOA TOOL IN ,SHREEJAL , BAFFIN ENG. SARANG CHEM. WELLWORTH OV SGN TELECOMS, KANIKA INFO. SHEETAL BIO, TRITON CORP. SAGARPROD
* if we look above 20 minimum price share and read my blog old posts then you understand that I already hold 19 share in this list and only 1 new entry sheetal bio agro tech ltd ( old name sheetal securities ltd ) so this week I plan to buy sheetal bioagro tech ltd,
* In this method I always able to capture a penny share near it year low and maximum holding limit is 20 shares.
* I think you know my formula of maximum investing limit in a share. This is 1500 only. Due to this limit I cap my maximum loss 1500 if penny share is delisted or convert in to 0 prices (this is near about impossible only 1-5% chance is there). So limit of loss in a share is 1500 and limit of profit unlimited (it is much better to F&O market)
REVIEW MY LAST WEEK PENNY SHARE: - in last week sagar production ltd is my share when I publish it on my blog price of this share is 0.42 and now it is 0.52 so share run 25% in 5 day. But due to my greediness I am unable to take any advantage of this run because I already describe in sagar production ltd article that I try to buy it neat about 0.37 and share move upward from 0.42 ( I think when I publish it on my blog then it start up move and iam not able to buy it )
FUNDAMENTALS OF SHEETAL BIO AGRO TECH LTD: - * always remember fundamentals of a penny stock is very week and I try to get trading move in these type of share (I called him scrap shares) but it is not bad to give a look on fundamentals.
*Sheetal bio agro tech is a 1 rupee face value share. Basically this is finance company his old name is sheetal securities ltd. Book value of this share is 1.01 year high1.05 and year low 0.41 so I try to buy it near about 0.45-0.48, promoter holding in this share is 4.99 % only, company have no website, in march 2008 this company promoter holding is 0% but now promoter holding is 4.99% so I think something is there.
* If you try to look fundamentally sound share then this blog is not for you visit my fundamental analysis blog on
http://sharegenius.blogspot.com/
WHICH PENNY SHARES OF THIS BLOG IS NEAR HIS SELLING TARGET: - I think any one I define his own selling target as per market condition and his greedy. Sybly industries I describe in this blog @0.48 share touch 0.59 but I still hold SYBLY INDUSTRIES .sunitee chemicals I GIVE MY VIEW ON SUNITEE CHEMICALS AT 09.05.2010 @0.52 and current price is 0.69 share give 30 % return in 2 months so I THINK ONE CAN BOOK PROFIT IN SUNITEE CHEMICALS
Discloser:- all of above is not advice read disclaimer before follow me I hold SYBLY INDUSTRIES and my direct or indirect interest is related all of shares describe in this article, I am not a broker not a registered adviser only investor like you