CALS refineries

Hi Everyone! I am new 2 share trading. Have purchased CALS shares @ 0.99. Any clues on its future???

it is penny stock and one should avoid this type of stocks whether you are investor or trader

I am not very sure abt that particular stock but from my personal experiance, it is a terrible stock to be in. There sems to be operator manipulation in this stock .. So it is better to get out ...

I dont think this would be enough to get out of the stock. Let me give you my own experiance. I entered into Pyramid Saimira stock which was problemmatic and heavily operator filled (Nirmal Kotecha). And I got into it at 40 and 42 respectively with half my capital (huh ... the greed...!!). And didnt get a chance to sell it because of lower cicuits till it reached 24... Then I became hopeful and it dropped more ... Then I got out at 19.50. And thank God I got out... It went to 13 levels and only now it is coming back after a long time to 30 itself ... And meanwhile I accepted my loss and got it in good trades and made back the losses and now I am up 40% in my capital...

SO, the question is Why to get into crazy scary stocks when there are 100 others which have great liquidity and great valuations and give good returns too ???

Anyways , Good luck, Have fun ... :clap:
and get out the stock as soon as possible and find something else to put your hard earned money into :thumb:

This stock is I think operated by KETAN PAREKH as it is given in news paper recently.
5 stocks are operated by this master mind so be carefull with such kind of stocks.
Better U go for any 'A' group stock which is always reliable.

Right now its freezed
nobody is selling it so you cant buy

cals is one of the mosted talked and tracked stock in the market. Some thinks this is going to be a big player in future, by 2016 , and other says its a junk(I guess short term player.)

Cals is one the path to construct 2nd largest refinery of the India.If they could do successfully it would be big sucess for them as well as for all the investors. I am quoting few msg from other boards.


SPICE GAS, a 100% subsidiary of SPICE ENERGY group is going to set-up 30 Auto LPG Dispensing Stations (ALDS) throughout Kolkata and it`s surrounding area by Oct-09-2009... I think they will sigh the final agreement with the WB gov. on coming Friday.

OLD MSG:

STRONG REASONS TO BUY

1. Setup projects for Rs. 20000 crores. After completing this it will become indias second largest refinery.

2. Current price is around Paisa 40. Same with RPL when it havent its refinery price was around Rs.200.

3. Public confused by share holding, story is , 96 % share are converted to GDR & hold by Bank of New York.

4. Among of them 75 % hold by Spice Group in form of GDR.

5. Crude oil supply contract with BP (Worlds Second petroleum Company) for ten Years.

6. Sign MOU for 1000 acres land , Already allotted 400 acres.

7. Currently trading below its face value Rs. 1....
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Any updates on Cals Refineries?

I am already immersed knee deep in Cals. I can`t get out. In fact I don`t want to sell. This is one story that I believe would change my life either way. But no regrets.Both are same i my view. To day I have added 3 Lacs at 0.40. I would like to raise it to 33 level. Just a dream for the time being. Short of funds. Only time would tell. In the mean time If any one has any news on Cals please share it with us so that one can save his neck with minimum damage.