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Wednesday, March 4, 2009

Radaan Mediaworks ltd:-A gem of a penny stock

Scripscan:Radaan Mediaworks (I) Ltd.
Traded in:Nse-bse

Story:There would always be some listed penny stocks which would hog the limelight every often reason being active participations of some smart short term penny stock hunters.One such scrips which come to my mind is south based Radaan Mediaworks Ltd.The Company's principal activity is to produce mega tele-serials, tele-films, films, computer graphics, animation and events. It operates in two segments, Production of Tele-Serial/Game show and Production of Feature Films.It is the most preferred television content provider on all the leading channels across all regional languages in South India. The Company also produces world-class television software, digital graphics, imaging special effects and organizes live events. The Company's studio facilities comprise of 13 post production suits.These suits comprise 7 edit sites including one film edit, five voice studios including one PR & FX and one exclusively for ad posting and final mastering.But these appreciable stuffs hardly matters in a bear market,Forget fundamentals,forget promoters its a counter meant for people who can buy at 2.50 only to exit with a 40% profit at 3.50.Hell 40% returns under the present environment is enormous and am sure lot of guys would want to avail the moolah.It certainly posses lot of risks,scrip may well nosedive to cheaper levels but again one needs to take a chance.Risk averse investors forget about it but one with risk taking ability can certainly go for the penny stock.So buy Radaan Mediaworks at your risk for hefty returns in the short term.

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