I still hold this HCLI stock. Though cost of holding is lower, but still in loss. I remain becos of its dividend… and hope one day it will reverse. In one of my account, I sold it off in loss however. In between I buy and sell with the improved knowledge and have reduced cost. But still in loss, though marginally and spiritually…..
It is only the rising ball that one should try to catch, which is my main objective now…. Esp in market after all we are not sachin….
From: sharetrading@
Sent: Thursday, June 17, 2010 8:38 AM
To: sharetrading@
Subject: 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
Happy Trading,
United we grow!!!
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