Call Update: Uncertainty in the market has upset the rhythm of Pondy Oxides. Remember it is a high beta high momentum stock. Between Oct 18th and Nov 11th, it doubled in less than a month's time. So once the momentum is lost, it will take time to pick up the flow again. And it will in a few weeks time. Key support levels are 45, 35 and 30. Pick up small quantities at each of these levels, if they are reached to bring down your average price. Pondy Oxides can scale back to 70 in 3-4 months time.
From: powerfulpicks <powerfulpicks@gmail.com>Sent: Fri, 12 November, 2010 3:05:51 AMSubject: [[PP]] Pondy OxidesBuy PONDY OXIDES in small quantities on dips between 67-68 for a short term 4-5 week target of 80 (+18%)
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