What do I do? Sell or hold. Making a big loss.
Please guide me with this?
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rahimsaa wrote:i have bought GSF at 97
What do I do? Sell or hold. Making a big loss.
Please guide me with this?
TheProfessional2013 wrote:I will go up. Dont worry.
I bought 25,000 at 88, 95. Still holding it with confident. I never sell and I am sure It will go up. They are purposely taking the price down
Jayashantha wrote:For the nine months ended on 31/12/2013, the loss per GSF.N000 share had been Rs.0.85 whereas as at 31/12/2013 its Net Asset Value per share had been Rs.13.60. Rs. 97 per share is ridiculously high. It's really hard to imagine how long it will take for the share's book value to reach Rs.97 as it's a pretty high climb. The gimmicks the major investors seem to be playing bares the fact that they're hardly interested in building up the stock's value through running the company profitably. But those who've paid too high a price per share can seek consolation in the fact that they'll be playing the same game again sooner or later. But you can't help losing your sleep over your misjudged investment. Some lessons in life are pretty expensive
TheProfessional2013 wrote:I will go up. Dont worry.
I bought 25,000 at 88, 95. Still holding it with confident. I never sell and I am sure It will go up. They are purposely taking the price down
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