It is sad that disaster has stuck. It is only material loss, which will be covered by insurance. So contrarians may wait for a day or two to buy in. Near low seen is near 630. Below which is 395. So a price between them will be a good price for LT….. It is a good company with good management…. In a good sector…. With OBAMAs new oil policies, due to come in near months, rig rates are going to shoot up, along with oil price…..
IV of the co is abv 4 times CMP. So do not worry, one day it will reach the true range…..
From: sharetrading@
Sent: Friday, May 14, 2010 3:22 PM
To: sharetrading@
Subject: [sharetrading] ABAN
ABE sir
I'm holding aban (bought @1100)but it has crashed badly since 2 days should i exit it or buy at this dip?
Kindly adivise
Cheers!!!
Manish
Happy Trading,
United we grow!!!
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