Heard of this from a friend of mine as a penny stock. On a visit to pondy some years ago, I happened to see the factory too. Somehow it looked dilapidated. That killed my ardor to invest in it. Much water has flowed since and things could be different.
Presently it seems to be trying to break 52 week highs. Hence it is not a cheap pick…………….
Individual public holding is near 50%. For my appetite – way too high.
Take your choice.
Abe
From:
Sent: Thursday, December 31, 2009 7:14 AM
To: Undisclosed-
Subject: [sharetrading] Pondy Oxides & Chemicals [1 Attachment]
Dear everyone
This seems to be a small cap stock that can be considered.
Though I am not invested into the same, wish to know the views of others as to an entry can be made into the same.
regards
ekamber
Happy Trading,
United we grow!!!
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