What are you thinking about PCH

mjrocker · 1 What are you thinking about PCH Wed Mar 16, 2011 10:54 pm

mjrocker

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I have some @21 .What are you thinking about this stock

UKboy · 2 Re: What are you thinking about PCH Thu Mar 17, 2011 3:59 am

UKboy

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mjrocker wrote:I have some @21 .What are you thinking about this stock

Think you are a lucky bugger. cos some people madly bought this share for Rs30 without any reason what so ever.
Try to average your share price if you can.

AnalystA · 3 Re: What are you thinking about PCH Thu Mar 17, 2011 5:56 am

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The stock is kind of a speculative counter coz it can be "pushed" by some brokers. But since its a retail counter with the upward momentum in the market it should start to move up faster than the fundamentally sound counters. but in value terms I think the stock is kind of fairly valued at the moment. I agree with the previous post. better average it at these levels.

TortoizePlus · 4 Re: What are you thinking about PCH Thu Mar 17, 2011 5:33 pm

TortoizePlus

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When did you buy this?,
If you buy at the mega upward trend, why didn't you sell at 30s.

If you are thinking about averaging better to wait until it establish some base because at the moment you cant say what is the absolute bottom.

StocksWatch · 5 Re: What are you thinking about PCH Thu Mar 17, 2011 6:45 pm

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This shares seems to be gathering some momentum, the moment it reaches 16.50, seems it has good supporting base at this level. This week it came down to 16.50 few times but could not break that barrier if I am correct. So if you have buying power, you may consider the option of averaging your cost. In any case it is not advisable to sell at this stage with a loss as this can surpass 20 in the matter of couple of good trading days with the help of speculators.

THIRU · 6 Re: What are you thinking about PCH Fri Mar 18, 2011 1:20 am

THIRU

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mjrocker wrote:I have some @21 .What are you thinking about this stock

this is one of the high volatility shares.
I made some day trading by the nature of share's high volatility..if u have buying power buy and average it..