Recent content by ec00gka

Ok. So its basically take a punt and pray. thanks, I'll stick to what I know

Yeah. some based on market cap.

Thanks. My colleague is chancing his luck on spread betting penny shares and it just sounded too good to be true. he says that a 10k per point bet on a 0.07p share has a maximum loss of £700 + spread,etc. yet if by the off-chance the share rises 1p, he'll make 10k! It just seemed like the SB...

Any one sure of an answer for this? "If I go long at £10 per point on a share that is only worth 15p, is the maximum I can possibly lose just 15 x 10 = £150?"