Sensex

Wednesday, June 16, 2010

RE: [sharetrading] 40 lakhs shares bought by Mutual funds - stock to buy

 

A friend of mine was holding HCL info in the 1998-99.. Every other Tech share used to jump but this hardly moved..

This friend used to bring al the news and cutting and holding patterns of HCL and tell others how good the share was..

Butr alas . it was the slowest mover.. Fed up he sold all the holding...

Conclusion,: A stock moves only when it has the blessing of the Operator/ management. No amount of write up in retail blogs and groups is going to cause any ripple in the stock.

See the historical charts of kalindee rail/ ABG Heavy etc

Best wishes 




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