Inputs of all kinds are welcome. After all it is up to each of us to make the choice. My advice to all those who are new are to stick to Nifty 100 in early years of trading. At worst 200. I check a little of operation action intra day and delivery positions and do not much go for promoter characters unless public holding is very high (<20%). I try to stick with above average traded scrip’s.
PS: There is a buy call on Sterling Bio in one of the reports Ekam had sent (Public < 7%).
With Obama effect pervading over
Short positions to be careful above 5000. Close above 5030, reverse positions. Above 5050, strong rally is expected.
Abe
From:
Sent: Saturday, December 19, 2009 11:15 PM
To:
Subject: RE: [sharetrading] ASSAMCO
i was holding sterling bio when it was sterling tea :-). Though it have given very good return to me & my broker always refer to this script as my script ( i am a small investor & not an operator ;-) ) , i am not so optimistic about the management. I consider This are my views & i am not a good reader of fundamentals. :-)
Please note I express views on scrip’s in which I have interest: Typically if anyone holds more then a certain percentage, it will trigger an open offer. But in this case, the holdings are all small. But in days to come, it is a bright candidate for same. Please visit - http://www.assamco. com/ As per my calculations BV is Rs 13 for a Rs 1 face value. IV is small presently. It has 15000 hectares of land and interests in oil & gas in As per BSE filing for September report - The production of oil and gas at present, has been restricted pending commissioning of gas re-injection project after which the production of oil / oil condensate is expected to increase substantially. So it is a question of time before the prices spike. Be patient. In my expectation it should happen soon. ------------ --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- - As for sterlinbio – It has come to this level, almost non-stop from 223. It is on the 5th step down on weekly charts FV is Rs 1. BV – 53. IV – 370. So in my opinion it will find bottom at worst near 83 if Dec Q is bad even if above matters are not taken into account. Abe From: sharetrading@ yahoogroups. com [mailto:sharetradin g@yahoogroups. com] On Behalf Of minesh temkar
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Happy Trading,
United we grow!!!