FLCH - Why goes down day by day

Suthar · 1 FLCH - Why goes down day by day Wed Feb 08, 2012 7:40 pm

Suthar

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Hi experts,

What's wrong with FLCH? I bought this at 2.90, As soon as i bought it comes down drastically. what can be the reason? cos it's mostly depends on plantaions?

Roboticfx · 2 Re: FLCH - Why goes down day by day Wed Feb 08, 2012 8:47 pm

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No, coz of Heavy selling pressure. Very Happy

rishanpossitive · 3 Re: FLCH - Why goes down day by day Wed Feb 08, 2012 8:50 pm

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best IPO in history,50% loss,lol Very Happy

Nigel.Machado · 4 Re: FLCH - Why goes down day by day Wed Feb 08, 2012 8:56 pm

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i bought FLCH at 3.70 and sold at 4.30 once. again i bought FLCH at 3.70 and my advisor asked me not to hold onto it because it was not fundamentally and technically sound to him. so i sold FLCH at 3.40.

cheers

he was right.

Monster · 5 Re: FLCH - Why goes down day by day Wed Feb 08, 2012 9:30 pm

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rishanpossitive wrote:best IPO in history,50% loss,lol

Not only FLCH, but EXPO and SHL also dropped more than 50% from it's IPO price. TJL is on it's way.....

CSE.SAS · 6 Re: FLCH - Why goes down day by day Wed Feb 08, 2012 9:42 pm

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Nigel.Machado wrote:i bought FLCH at 3.70 and sold at 4.30 once. again i bought FLCH at 3.70 and my advisor asked me not to hold onto it because it was not fundamentally and technically sound to him. so i sold FLCH at 3.40.

he was right.

FLCH is fundamentally good share...

Fresher · 7 Re: FLCH - Why goes down day by day Wed Feb 08, 2012 10:08 pm

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CSE.SAS wrote:

Nigel.Machado wrote:i bought FLCH at 3.70 and sold at 4.30 once. again i bought FLCH at 3.70 and my advisor asked me not to hold onto it because it was not fundamentally and technically sound to him. so i sold FLCH at 3.40.

he was right.

FLCH is fundamentally good share...

+ a penny stock. if bought at the correct time, it will give a great return.

greedy007 · 8 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 12:04 am

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npp wrote:

CSE.SAS wrote:

Nigel.Machado wrote:i bought FLCH at 3.70 and sold at 4.30 once. again i bought FLCH at 3.70 and my advisor asked me not to hold onto it because it was not fundamentally and technically sound to him. so i sold FLCH at 3.40.

he was right.

FLCH is fundamentally good share...

+ a penny stock. if bought at the correct time, it will give a great return.

I am with you npp

Nigel.Machado · 9 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 8:15 am

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CSE.SAS wrote:

Nigel.Machado wrote:i bought FLCH at 3.70 and sold at 4.30 once. again i bought FLCH at 3.70 and my advisor asked me not to hold onto it because it was not fundamentally and technically sound to him. so i sold FLCH at 3.40.

he was right.

FLCH is fundamentally good share...

what ever said and done he gave me the correct advise. he said that FLCH will fall below 2.70 when it was trading at 3.50 it happened.

Info Hunter · 10 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 8:51 am

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Agree with npp when brought at the right time it can give you high returns... Its now at all time low...

troy · 11 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 9:25 am

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Info Hunter wrote:Agree with npp when brought at the right time it can give you high returns... Its now at all time low...

It had so many all time lows lol!

econ · 12 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 9:33 am

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NAVPS is above 4 rupees. currently trades well below that.

Nigel.Machado · 13 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 12:13 pm

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troy wrote:

Info Hunter wrote:Agree with npp when brought at the right time it can give you high returns... Its now at all time low...

It had so many all time lows

another new bottom 2.30

lol!

Nigel.Machado · 14 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 12:15 pm

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now 2.20

Fresher · 15 Re: FLCH - Why goes down day by day Thu Feb 09, 2012 8:09 pm

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Nigel.Machado wrote:now 2.20

it's not only this share that's finding a low day by day.

econ - yes, but most of it is the stock of timber. I'm banking on the future potential though.