Atlanta can move to 440 in the next 1-2 months as per the charts. Can move to 510 in the next 6-8 months. Beyond that I do not have visibility at present.
You had purchased 15 shares of Atanta in 2007, spending Rs 8400. In March 2009, you could have purchased 150 shares of Atlanta, spending Rs 4800. Your total investment would thus have been Rs 13200 and today you could sold all 165 shares at Rs 70290 (Rs 426 each), making a 432% profit.
Instead you are still stuck at Rs 560 with a probable loss...I wonder how you did this mistake (I removed your name from this note to protect your confidentiality). I hope that you and the other members of the group learn from this mistake. If you are stuck at a high price and a stock has become dirt cheap, always go for averaging, so that you can come out without loss and sometimes make a good profit too.
On Wed, Sep 15, 2010 at 12:34 PM, ___ wrote:
Dear sir,
I have purchased 15 shares of Atlanta @ 560, 3 years back. Now today there is a jump of 12% and it has reached to 400 levels, Can you please suggest what should I do, I can hold for Long term if it can atleast double itself. What is your call ?
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