If you checked out our post about the Biggest PSE Stock Gainers in 2014, you’ll notice that majority of the best performers are so-called Speculative or Third-Liner stocks.
Last year’s top gainer, for instance, was Premium Leisure Corp. (PLC) which ended the year with a whopping 675% price increase. That’s not just doubling your money — that’s actually turning a P10,000 investment into P77,500!
(PLC is a casino license holder in the booming Entertainment City in Pasay that houses various casinos. Backed by the SM Group of Companies, PLC is one of the companies behind the newly-launched City of Dreams Manila integrated resort and casino.)