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#1
4th September 2007, 11:22 PM
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Ispat industries
What is the buzz on Ispat industries. Why are we seeing such high volumes in the stock? Any news on the same ? It has reached its 52 week high, but I dont see any reason why it climbed and why again it is going down... any one knows ?
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#2
5th September 2007, 03:46 AM
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Re: Ispat industries
ISPAT has made a loss during the last 2 quarters and they have rising debt...may not be the right time to enter
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#4
5th September 2007, 05:59 PM
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Re: Ispat industries
yo dude,
The price may rise due to speculation...people are gambling that the company might do well in the near future. But if u are a value investor, u look for solid fundamentals. U dont wanna jump into a pool to find it empty regards, Bourne
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