Snowman logistics

Hi frnds. Pls share ur view on snowman logistics. I think if it crosses 55rs. It would. Become rocket and will give gud return in just one week.

 

Nice breakout

 

There are 5000 stocks to choose from....why to go for these stocks. Turn around story and speculative trading is good for big investors but not for small time retail investor. Fundamental is below average... suggest to avoid...

 

But,Snowman is a long term story . Promoters are established logistic player.

 

I recollect there was spectacular interest and listing premium. Correct me if I am wrong

 

I

I prefer to buy safety (asset) rather than liability . Allcargo is much better choice in logistics. I prefer beaten down stocks with good fundamental but not beaten down stocks with poor fundamental. I may be wrong......so all the best

 

I was just mentioning my information about the stock. It is not in my holdings.I have no view on the stock.Apparently, the business model looks attractive. My information is that company is not a turn around story but it is still in gestation period. In such cases one has to take long term view and one has to be right. One difference between Allcargo and Snowman is that latter is, in my view, still undiscovered story.--hence presents better upside potential. As I am just a learner, I may be wrong as I am many times.

 

Stock can very well go up like rocket but in my view safety is less.

 

Sorry to say if ur preference is just safety mrkt is not right place u can look gud mutual fund or fixed deposite. All the gud fundamental story in market are fully priced and discount futures. U hv to b on hunting for future stories. As buffet said buy gud stocks during their bad times.

 

Agree - atleast a part of your corpus needs to be out in the market taking risks. Especially in a market like this when decent stocks are giving 20+% manytimes in less than a month.

STCI yesterday - over 20% in 3 weeks. Look at it today another 13% up!!!!!

 

Happy investing guys

 

Doing gud