SEL Manufacturing?

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by RedOrGreen, Dec 30, 2015.

  1. RedOrGreen

    RedOrGreen New Member

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    I have been approached by a friend who has made HUGE losses in SEL Manufacturing based on some tip. Her average buy price is 41 Rs and the current price is 4.8 Rs. I am not aware of this scrip in detail. What would be the right advise for her? Average it out - at what levels? Or other suggestions?
     
  2. Parin Gala

    Parin Gala A long term investor

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    My condolences for your poor friend. I don't think anyone here would be tracking SEL Mfg.
    This is the price paid by your friend for his ignorance and tendency to follow tips blindly. My honest advice to your friend would be to join a good blog like this one and gain understanding of the markets first by watching the quality discussions here. This will definitely help him in avoiding such mistakes and he will also come across some good stocks for investment.
    Good luck to your friend.
     
    Biju likes this.
  3. kharb

    kharb Well-Known Member

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    This is the stock where name itself give clue ,what to do. SEL L.Then why did she bought.
     
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