Wednesday, August 7, 2013

Update on Exited stocks

I  would like to provide an update on exited stocks.  I see that CEBBCO had a further slide and came down to 8.40 rupees,while Zylog slide continued to 11. The slide can be due to negative market sentiment or problems with the quarterly results or decline in promoters stake. Anyways i think going forward it would be a good choice to have a stop loss. If the company prospects are intact then it would be a good choice to add the stocks to average out the purchase price. If there is an iota of doubt about the company then it would be wise to exit at the earliest[in case of unrealized loss] and find a promising opportunity.

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