Same one lah,

You buy 1 lots (x100) BAT share at 44.00 = RM4k, commission Rm28
You buy 100 lots ABC penny stock of 0.40 = RM4k, commission Rm28.

Some may argue from 0.40 to 0.50 is easy but for a stock to climb from 44.00 to 50.00 is equivalent easy as well.

In fact, for 44.00 to climb to 50.00 it can be easier than 0.40 to 0.50 because high price stocks, there are not many retailers around which potential being seller to resist for the upside.
But for 0.40 to surge, you need massive volume of buyers because there are plenty of sellers waiting on upside. How often to see selller Q in those penny stock with 10K,20k,30 lots but for a stock of 44.00, you most probably see a few ten lots up to 50 to 100 lots only on the seller side.

It is basically not much difference actually, just people mindset tend to think it is "cheap".

Just like people say Resort is cheap now with 2.10, but if without split, it is 10.50, then people won't say it is cheap anymore but actual fact both are same.

Why start with BAT?
I have a feeling that the younger generation is more health concious. I would expect the number of smokers over time either due to health concious or expensive cigarettes.

he-he, just announced another 2 sen dividend

I think the next goreng counter will be Sapcres.

well, buying shares is not gambling in the sense that

1) There's some skill/educated guesses/knowledge which will improve your odds. Gambling is 100% luck. You can learn to play blackjack, but it's still 100% luck.
2)  You control the outcome, the outcome doesn't control you. Whether the outcome is lose a bit, win a bit, lose a lot, win a lot, no win no lose it's all under ur control.

But then again, both the buyers and sellers are also educated ppl both have their strategies to make money, once skill/knowledge balances out, you can theorectically say that all that's left are luck

yang yang u should get it liao

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Added on December 11, 2008, 4:20 pm
gamble on div
so kinwawa got q or not .. or still analyzing

Because the UAW, or the union doesn't agree to take pay cut, they are willing to let the company goes into trouble or bankruptcy rather taking pay cut.