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Moneycontrol.com >> Message Board >> View Messages >> Silverline
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why silverline ? (7)   17-May-08 00:36Tracked by (0)  
Posted by:   Guest on ( 17-May-08 00:36 )
Price : BSE: Rs 27.00 ( -0.74 % )
i myself am a investor in silverline when it was 5 rs last to last year...i held it even when it reached 25.5 and once the demerger news came i was really unhappy the way they were doing this...it relisted at 140 odd and zoomed to 220 same day and again at 140 close....i was pretty sure that it will come back to 14 rs ( the price before split ) and i sold it the same day it relisted..and i am happy that i did that..i have been reading this forum and everyone\\`s opinions on this stock. people want to earn 1000% profit in each stock in a year. be realistic and open eyes to see that if there are chances of 100% return in a year.....no business gives that return...and currently there are many good big companies which can yield you 100% return on your investment in 1 year.....go for such good companies rather than betting on a wounded and aged horse.
no doubt that at 27 rs its actually 2.7 rs ( considering face value changes , ) and there is nothing to lose and a gamble worth taking..
but the gamble should be like a buying of lottery ticket. u dont buy lottery ticket worth lacs. buy a small amount and consider that it will become 0 or lacs........and then dont bother to see this stock daily. buy it and forget it....
otherwise my advice go for other stocks that are beaten badly and are almost 50% down from their high..and when mkts go to new high again you will get new tops in those stocks
stocks like BHEL, LT, RCOM, RCAP, RPL, DLF, lots of stocks A Group stocks
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