Review: Sino-Env

Sino-Env's stocks tested the $3.00 mark today. Reached a $3.08 high today. Doesn't the following statement sound familiar to some of you.

"Sino-Env at $2.58, thats too expensive!"

I understand. Thats the kind of response i get when i tell my friends about this stock. Many will rather buy shares that are less than $0.50, as a small price rise translate into a large % gain. However, many of them buy these shares without due research.

"Don't expect quick gains, without adequate work done."

I'm not saying stay from shares that don't cost much. As long as a company is showing good growth, it should be a safe bet, even if its only $0.01. In fact, if u can find a company that is $0.01 and shows 30% QoQ growth, i would say its the perfect share to buy.

I'll re-emphasise that no stock is too expensive, as long as they show a proven profit growth for the last 2 years, most of the quarters.

"No stock is too expensive as long as they have a proven profit growth for the last 2 years, for most of the quarters 30%rise QoQ."

Don't make the same mistake again, when picking stocks.