stock querry

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by balram, Jun 5, 2015.

  1. balram

    balram New Member

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    Meenaksi ji I want ask Sharon bio madicen (2600@19.10) and punj Lloyd (2670@30)/ plz adv me ?
     
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    You seem to have bought both stocks recently, going by the purchase price. Did you buy in the hope that after the steep fall, there might be a bounce-back? That may happen, if the sentiment of the overall market improves. However, these are not investment-grade stocks, in the sense that you can buy and forget and expect the earnings to compound year after year.

    I think there must be clarity on what you want to do. If you want to be a trader and take advantage of short-term actions, then buying such stocks is fine but you must have a strict stop-loss. If the stop-loss is hit, you must exit without a second's thought. The problem now is that because the stocks have gone down, you have become an "investor" and are asking about the fundamentals of the stocks!
     
  3. balram

    balram New Member

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    I am long term investor so I bought those stocks/ Meenakshi ji thanks for guidenss me.
     
  4. bholu

    bholu Active Member

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    These kind of stocks are nothing but gamble ( I personally hold SBM with the same view), As the moderator pointed out be clear in your objectives, also if you are smart please follow the recent announcements regarding SBM and I am sure you will get all your answers but on the humorous side I like the way you wrote sharon madicen
     
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