@tubal wrote:kpinvest notice that I didn't use the term downturn. but you know that the market can't go up day after day. A drop is long over due. No one can say for sure whether the 200 point drop we saw yesterday was the limit, or whether it will be mostly red till march credit clearance finished.
Don't forget that some of the shares have gone up far far in excess of the reported earnings. Their prices have to decline to realistic levels. You don't need to worry about the shares where price rise is in keeping with the earnings reported.
You can give the shares u think it has to comedown, it will be better for the new comers, seem the person who put the post also bought the shares because somebody said it will go to 400/=
I agree with u 100%, there will be upward & downward moment in any stock exchange, also some of the share prices in the CSE, is not supported by the proper valuations