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Thursday, October 28, 2010

Call update: Lincoln Pharma

My call was to enter Lincoln Pharma at 43; your entry price of 45.5 is nearly 6% higher and this was an extra risk which you took. Anyway, Lincoln Pharma is a good stock, so nothing to panic. Buy a little more at 40 and hold your averaging fire power for a situation if it dips to 36-37 (it has support at 40 and then at 37). it should meet its target of 52 in the next 3 months.

On Thu, Oct 28, 2010 at 3:17 PM, ___ wrote:
Sir ,

I have purchased  JBM Auto and Licoln Pharma from the below stocks, on your recommendation. I have booked good profit in JBM Auto.
However, Lincoln Pharma is going down and continuously trading at 42.  I have purchased 100 shares @ 45.5 . Shall I  average more @ this price ? Your advice please.

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