About HOEC holding

Hi friends, I have some holdings of HOEC @ 37.45. How long should I carry it ? My personal thought was to carry it upto Rs. 65/70. Have any chance to bullish of it ? Well, I can wait for atleast 6 months.

 

The company has been in losses for quite some time and with Oil prices falling drilling and exploration companies are hit badly. Cairn India is a classic example about this. Since you have a very short term holding scenario, hoping for an 80% return on a company that has been in losses in a sector which is not doing too well currently maybe a little far fetched.

 

Thanks stockguru for your kind suggestion