General Trading Chat

[varunkochhar]

It is in Ban Period. I think the ban would be lifted this week. There is a heavy penalty for trading F&O in ban period so pls do not take position in F&O.

 

[varunkochhar]

surpassed today's high of 18. New High 18.15. So up almost 9%.

 

[vivektrader]

GMR is now almost a penny stock, please don't waste your energy in this.

Vivek

 

[princy01]

GMR is now almost a penny stock, please don't waste your energy in this.

Vivek

Saw arvind mills going 100 to 10 and again 100 a couple of times years ago

Market is a funny place

 

[varunkochhar]

GMR is now almost a penny stock, please don't waste your energy in this.

Vivek

Vivek ji how does it qualify as a penny stock. (it is at Rs.180 if you consider the FV of 10). I thought penny stocks are stocks which trade below 1 or 2 rupees.(of FV 10). It has a succesful business model (akin to rentals) where it will earn royalty from all passengers travelling through their airports (I think they have 5 or 6 of them including international airports with heavy traffic).

 

[vivektrader]

Saw arvind mills going 100 to 10 and again 100 a couple of times years ago

Market is a funny place

We have plenty to play with, better stay away from ones that can give heart disease

Vivek

 

[varunkochhar]

Vivek ji there may be a very thin line between penny shares and multi-baggers. Eicher Motors was trading at sub Rs.15 in 2002-5. It is at almost Rs.30000 now. SO if one would have invested the money in their shares at that time instead of buying their bullet, he would be sitting in a palatial mansion with some to spare.

 

[Smart_trade]

Biggest wealth creator after Infosis in last 40 years is Asian Paints....I know some families who bought 400 Asian Paints in late 1970s investing few thousand rupees and now they have sold part of that holding to buy a 3 Bedroom flat in Mumbai and still has few Crores in Asian Paints shares....awesome wealth creation...

Smart_trade

 

[vikas2131]

Biggest wealth creator after Infosis in last 40 years is Asian Paints....I know some families who bought 400 Asian Paints in late 1970s investing few thousand rupees and now they have sold part of that holding to buy a 3 Bedroom flat in Mumbai and still has few Crores in Asian Paints shares....awesome wealth creation...

Smart_trade

Which stock has been most wealth creator for you ??

 

[varunkochhar]

And moreover it is an F&O traded share with good volumes. Not a Z category share in BSE. Anyways one should only invest in companies where one is comfortable putting his money. This is yet to turn around in terms of profits. We may be ahead of the curve by 1 or 2 quarters.