Quote:
Originally Posted by pumping
Hmm. I hope you will not complain when he/she buys you stocks that destroy your portfolio. If a broker bought a stock on your behalf, ask him the reason for the choice.
I cannot think of any good reason of buying Oasis like I commented in December. I know it has now gained in price but this is the anomaly on the NSE. If it hits you in the opposite direction, you won't be very pleased.
The broker may have gambled and made a good choice. You don't want to gamble with your portfolio. |
na true talk....if the broker buys another stock for you and it does very badly (ala Transcorp from N9 to N3), will you be able to ask him to reverse the transaction, after all when he made a right bet you did not complain.
If you decide to handover stock picking for your account to your broker, then let him know that clearly. If you do not expressly tell them to and they go ahead to buy stocks for your account without your authorization, it might just come back to bite you later on.
Anyway, congrats on Oasis
