Guys - In blog#394 - I accepted my mistake by investing 1 week early in this script -
The stock is doing bad - not because of company's fundamental but overall sentimental -
Tell me which company is doing good from last week - all good company's stock price are going down -
I remembered old story about horse cart & dog (DOG was thinking he is pulling the cart !!! )- do you remeber?..... if not let me know...I will tell you
# I am still waiting for what happened in 10th July's meting - I think Management is failed to tell it's stock holder's on Monday - Not good... I don't may be they do not want to declare...something is fishing..
# I bought few shares today & took delivery to sell tomorrow ..Don't forget my AVG stands at 19.00 I will bring it down eventually...but as I wrote - I did mistake to judge the market senstment , and when sentiment goes south , nothing remains exceptional -
Anyways - if, - it won't go/trade above 22.00 within 30 days or, - start upward journey on/before 10th July or, - it reaches to 15.00 Rs. before it touches to 22.00. ......Then I will say I did mistake by investing in script too early - Lets see -
******no more discussion for now******
What comes first 15.00 or 22.00? (I know - Market sentiment is too much bearish - but still I am positive)
Mindmoney, You had mentioned earlier that you will accept mistake if this script touches 15 Rs. Today it has touched 15 Rs. What do you say now... Anyway I am making BIG MONEY. Thanks to Amit sir...
Mindmoney, When all those clients are going to do well for next 4 years, then I will buy stocks of client companies which are fundamentally strong. Not of fundamentally weak Grade 1 company. If equity is low, then operators can bring it down also very easily (like they are doing after IPO listing). You may continue to but it strongly and soon you will be owner of whole company as everyone including promotors are selling. :-)
As per Rishabhdev Tech.. website here is the list of it's client's & approval
Our Value Customers & Approvals Tata Power Reliance Industries Grasim Industries Adani Power Kalpatru Power Essar Steel Essar Power Sanghi Industries- Cement J.K. Laxmi Cement TISCO Nova Petro NTPC/BHEL Siemens L&T BALCO Welspun- GSR Century Enka Ltd CMS Traffic Systems Ltd Indian Navy BARC
I can see - all it's client will do good in next 4 years under this government as they focused on priority like ... POWER (Infrastructure) & other Infrastructure projects -
STRONG BUY - wait for good return # Operator are taking advantage of current marketing sentiment to drive this stock price down..& accumulate more at lower price... (very small equity) .... any Good news can result in Upper Circuit
What do you think... Good at this level? SELL, BUY or HOLD -
# Don't short this stock - on advise of others at this level - # Still waiting for decision in 10th july MEETING TO BUY MORE & HOLD FOR ATLEAST FEW WEEKS TO GET GOOD RETURN
DO you understand Difference between AGENDA (Purpose of event) & OUTCOME (conclusion after the event)?
I am trying to find the outcome & you are telling me about.. the AGENDA (purpose) of the meeting announced on 3rd JULY & I bet on that announcement because when Compnay is planning to raise the capital for expansion - will sometime try .. to boost the price.
Rishabhdev Technocable Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 10, 2009, inter alia, to transact the following business: 1. To consider the proposal of raising funds from India / abroad for the further expansion of the Company. 2. To consider the resignation letter dated July 01, 2009 received from Mr. Sunil V Adiyeri, Independent Director of the Company.
Hi Mindmoney, I have broker friend, who know people bought this stock in IPO. By discussing with those people I have borrowed this stock and payin them 1% interest per month till I borrow this stock. So I have sold stock from all those accounts as of now. Later on to close transaction I need to buy this stock back and pay them 1% interest per month. So this is how you can short stock irrespective of F&O segment. To ensure that I don't incur loss, I have decided to close transaction if this stock moves up on second day continuously. Till then I am making BIG MONEY...