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Five things to keep in mind while trading penny stocks

Highlights

Buying penny stocks in a hope of a windfall profit is a high-risk bet and only a very few bets prove right.
One could also practice trading these stocks on a virtual platform first to hone their skills before putting their money on the line.
Investors need to make sure that the penny stock of their interest is liquid enough to absorb their volume.
The penny stock space might seem lucrative, especially looking at those multi-bagger returns in hindsight. Penny stocks often trade at less than a dollar value and more often than not, are junk stocks, which means the underlying business is almost non-existent or the company could be in financial distress.

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Buying these stocks in a hope of a turnaround is a high-risk bet and only a very few bets prove right. In most other cases, the investment goes to the dogs. However, if you are keen to trade in this high-risk and high-reward space, then we have some tips for you that could come handy while managing your risk.
Keep liquidity in check
 Because of its inherent high-risk nature, a lot of big players such as institutional investors or fund houses tend to steer clear from this space, leading to a dried-up volume. Investors need to make sure that the penny stock of their interest is liquid enough to absorb their volume.
A relatively higher volume of an individual than what a stock receives normally can influence its stock price, leading to an increased impact cost. Therefore, it’s sometimes better to avoid penny stocks with extremely low liquidity.

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One of the most critical decisions to take while running a business is choosing the right bookkeeping and accounting services provider. It's a time taking process, a lot like finding a business partner, but when you find the right one, it's worth the time and effort. The right accounting and bookkeeping services provider will help you to save time, resources, and money. Things being what they are, how make a vital choice? Think about the entire picture, including budget and resources. Ensure and establish common ground as you will be working with the service provider for quite a long time. 1. Needs and Objectives One of the principal things to settle on is to keep in mind what you need from the service provider. How often do you require them? Daily? Weekly? Quarterly? Monthly? Just remember not to delay bringing in an expert until tax time. 2. Certified or Chartered Ensure that the service provider's team members have verified knowledge and experience and are professionally certified. It's ideal, to begin with, a professional provider right from the beginning since you will require one when things get complicated. 3. Budget Having an in-house accounting & bookkeeping staff is presumably going to be out of range for most small businesses. Set up a budget and hire an accounting services provider when you know you are going to have a volume of financial transactions which can only be handled by experts. Accountants and bookkeepers will consider their task finished when they deal with your books and taxes, but a good accountant and bookkeeper is going to be considerably more proactive. The right bookkeeper can save money by reducing costly mistakes that are commonly made by entrepreneurs who try to deal with their books, such as incurring tax penalties. Wrapping up!! A decent accountant & bookkeeper can do so much more than just filing your taxes. Take your time while deciding upon which accounting services provider is best for your business. SOS- Established in 2006 with an aim is to support small and medium enterprises (SMEs) and help them grow in the market. For Accounting & Bookkeeping Services, Contact/Whatsapp us @ 981-139-6692!!
Strategic Element’s (ASX:SOR) battery ink generates milliamps from moisture
Highlights Strategic Elements has declared that it has achieved a significant milestone with its moisture-based battery technology producing more than a milliamp of electrical current from humidity in the air. The Company’s objective was to fabricate prototype Battery Ink cells targeted towards this sector producing one milliamp of electrical current. Post this announcement, shares of Strategic Elements dropped by over 4% to trade at AU$0.315 on the ASX. ASX-listed diversified financial Company Strategic Elements Ltd (ASX:SOR) announced that it has achieved an important milestone with its moisture-based battery technology producing more than a milliamp of electrical current from humidity in the air. Prototype Battery Ink cells produced 100mAh of electric charge over 3 days. The milestone of milliamp-range current output is a significant achievement as it increases the potential array of applications that could be powered by the technology. Post this announcement, shares of Strategic Elements dropped by 4.546% to close today’s trade at AU$0.315 on the ASX. The electronic skin patch sector is the commercial focus for the technology initially, as it produced US$10 billion in revenue in 2019 and is forecast by IDTechEx to grow to nearly US$40 billion by 2030. It also has lower requirements (e.g. duration, current, voltage) than other electronics sectors. According to today’s announcement, the Company has successfully fabricated a 6cm x 6cm prototype achieving over 1mA (milliamp) of current output under load over a 35-hour testing period. The prototype Battey Ink cells produced over 100 mAh (milliamp hours) of electric charge over 3 days. Battery Ink cells could either be used to directly power a device such as the above or compliment a battery to extend device life. These different use cases provide alternative commercialisation and partnering options for the Company. Bottom Line: Significant further improvement in performance is expected over the next few months as the prototype ink becomes increasingly optimised for use in screen printing equipment. https://kalkinemedia.com/au/stocks/technology/strategic-elements-asxsor-battery-ink-generates-milliamps-from-moisture
Basic Information About Quality Assurance Consultants
Quality is not a linear word; it has multiple definitions. When it comes to quality and its assurances, business lacks knowledge and expertise that is why they prefer contacting Quality management consultant. If you wanted to know more about quality assurance, read more. What is quality? The definition of quality also varies from person to person, but in organizations, there must be some standardization that can be documented and treated as quality. In simpler words, quality is fulfilling the customer needs and expectations on the parameter of durability, price, design, reliability, customer service, functionality, and others. What is assurance? Assurance gives credibility and makes a trust bridge between a business and its other stakeholders. It guarantees that the product or services is without any flaws and a customer will get 100 percent satisfaction and value for their money. In-house quality assurances do not make that much impact as compared to assurance from quality assurance consultant professionals. When a business spends on quality management consultants, it is an investment. The invested money gives returns in the form of more customers, high brand value, more expansion, and excellent future growth prospects. As a business, if you are looking for top-ranked Quality management consultants in Australia, contact PQAS. Quality assurance process Professionals from Quality management consulting services make a customized quality assurance process by considering aspirations, industry, business size, human resources capability, budget, and other requirements. Get Quality Assurance certification now. The process involves four stages:- 1. Planning- Once you contact quality management consultants from www.pqas.com., they understand every detail of your requirements and also does the ground study. This is the first and crucial stage and all the important decisions are taken in that stage only. Based on the planning, the business gets into a contract with professional consultants and signs a deal. 2. Development and testing- Actual work starts at this stage. Quality management consultants in Australia develop a framework of guidelines/changes and start testing for its efficacy. A small sample size is taken and if the process is successful, the next process starts. Consultants train and prepare master trainers for further dissemination of the information and imparting the knowledge. 3. Monitoring- Any changes take time to give results and in that period it is essential to keep a watch on the process. This helps in mitigating the weaknesses and focusing on the strengths and opportunity areas of the work. 4. Executing- In the final stage, quality assurance consultants implement the work. They ensure that the business fulfills its objectives of implementing a quality assurance process. A business should adopt a quality assurance process periodically to ensure that the product/service is designed and implemented with prescribed procedures. It reduces errors and problems and gives a quality product.