Orissa sponge Iron

Discuss Orissa sponge Iron at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; HI to all, im really happy to see so many people actively taking part in ...


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  #1  
Old 3rd November 2007, 02:28 PM
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Join Date: Oct 2007
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youngguns is on a distinguished road
Smile Orissa sponge Iron



HI to all,

im really happy to see so many people actively taking part in resolving each others queries .... u guys are doing a great job...
my query is im holding orissa sponge iron for some time now....its been on 5 % circuit from 2 months...
how long can i hold this ??? what are the fundamentals ?? any news about t his company??
i will be grateful if anybody can throw somelight on this
thank
youngguns

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  #2  
Old 3rd November 2007, 05:08 PM
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Join Date: Dec 2005
Location: Hyderabad
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asnavale is on a distinguished road
Default Re: Orissa sponge Iron

As the stock is in upper circuit every day, hold it atleast till it comes out of the upper circuit. Then you can decide what to do.

Regards

-Anant

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  #3  
Old 3rd November 2007, 06:36 PM
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youngguns is on a distinguished road
Default Re: Orissa sponge Iron

thanka anant,

what im worried about is -20% circuit .. what do u think it will fall in the same way ...

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  #4  
Old 3rd November 2007, 07:35 PM
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Join Date: May 2007
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darlingboy is on a distinguished road
Default Re: Orissa sponge Iron

heyy young
best ploicy...pull out of your investment..and keep 0 cost share share for as long as you can without fear...i did the same in case of energy devlopment...i vought at 60 ..cmp 180..daily UC...i sold 33%..and pulled out my money..now let the money grow...
have fun

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  #5  
Old 3rd November 2007, 07:54 PM
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youngguns is on a distinguished road
Default Re: Orissa sponge Iron


thats a nice strategy... will surely follow that tip..
do u have any idea about walcap...same is the case with that ....any fundamentals on these two scrips?? why its in UC daily??

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