This email below should be a lesson to all of us...NOT TO sell / panic / become restless BEFORE the call's time frame or hold time is over or the TARGET PRICE is met, whichever is earlier..in this case, suggested hold time was 6 months and unfortunately the below person (name withheld) got restless in just 2.5 months...I have made the same mistakes, we all do..but let us try to prevent it from happening again....
On Tue, Oct 26, 2010 at 3:08 PM, <____> wrote:
Hi,Firstleasing is up 15% today at 89.00... But Alas, I sold it yesterday at 75.00 and booked the loss of 4000 Rs. to enter Menon bearings as it was not moving an inch since last 2 months... bad bad luck.... But that is how market surprises you :(
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