Silver Member
3 Followers
Finally, sold the stock after holding for nearly 1.5 years with loss at 285 today. O... Read full message
7.47 PM Jun 9th 2009  | Track
Replies (2)
Silver Member
3 Followers
Finally, sold the stock after holding for nearly 1.5 years with loss at 285 today. One of the worst stock in terms of volume.

finally ran out of patience.

can invest in some popular trading stocks and recover lost money.
7.47 PM Jun 9th 2009
Silver Member
3 Followers
It is because of low volumes only that it went up ~2.5x times since your last mail.

The problem is not low volume, but the decision to buy it at Rs600+. Review those reasons why you bought and correct them. With similar approach in other stocks, its more likely you will lose money rather than recover.

Good luck!
10.16 AM Jun 11th 2009
Silver Member
3 Followers
Agreed dear friend, but see the volumes in this stock and anybody would go wild. Though I agree the company is good, why no brokerage firm is recommending to buy when penny stocks and some small firms trade more? Anyway, I know entering at 600 rs was bad, but I would have never recovered my original investment being invested and I feel I made the right decision to move out and made quite good money after exiting by trading in other stocks. Yes, I do agree, if the stock corrects in the future with market, I may reenter again below 200 levels.

Thanks for ur advice. Keep posting.

Ramakrishna UR
9.02 AM Jun 14th 2009
HGSL NETWORK
rnbrao
Gold Member
Cool Bull
Platinum Member
jainpriti2010
Platinum Member
r251674
New Member
mangalayoganand
New Member
Related stocks
Infosys 35209
TCS 24432
Geodesic 12067
see all
2290 messages Platinum Member

155
KotakInvestment
Platinum Member

11595
India_bulls
Platinum Member

4854
marketman
Platinum Member

4265
Santosh Nair
Platinum Member

4148
Indira Vergis
Platinum Member

2754
Expert Chartist
Platinum Member

4801
Market Statistician
Platinum Member

3313
Shishir Asthana
Platinum Member

1248
Indira Vergis
Platinum Member

2754
Santosh Nair
Platinum Member

4148
India, China may tie up for fuel hunt. Should India tie up with China for fuel?
Yes
No

Explore Messageboard