Not to panic with Empee Distilleries

Vijay,

 

Nothing to panic with Empee Distilleries. I never recommend dubious scripts which may be moving because of manipulations. I agree that some profit booking has taken place (from 170 to 150), probably because the stock was on an uptrend for some time. On 14th Sep, it had touched 177 (around 6% up after my call). If it dips to 147-148 or even at this price, you can add on a little more. Short term target of 170-172 (I had asked to enter at 166-167) and long term (12-15 months) target of 240 remains unchanged.

 

Be patient; this is truly a under-valued company making good profits and in a segment that is still getting re-rated.
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On Wed, Sep 22, 2010 at 6:21 PM, vijaya kumar raghvan <raghva26@yahoo.com> wrote:

Dear sir, I have brought EDL as per your recommendation( 500 nos-170 rs/per share).It is going down.Will please advise what is the stratgey  going forward to average or wait for correction. Appreciate your feedback asap. Regards, Vijaya kumar.