16th June 2008, 09:05 PM
|
|
Forum Moderator
|
|
Join Date: May 2008
Posts: 1,741
Rep Power: 3
Thanks: 4
Thanked 13 Times in 12 Posts
|
|
Quote:
Originally Posted by DeProf
Please advice me
i bought this stcok bcos of my broker. he keep pushing first alumiunm, first alumiunm, i think say naa better company, rush like mumu buy am N10.10 for about 65,000 unit. Can you imagine, now the stock fall to N5.52k
Guys please advise me on what to do?? any hope on this dead company?
thanks
|
I dont know what d forward PE ratio of dis stock is but if it is very high then u can consider d following:
Since d price is now rising,....wait till it gets to d peak and is about to start falling,then sell half of ur holdings there.You can decide on ur next move after d sales.
However,if it rises to a very very good level...u can sell everything.
Note: Both d growth of the company and PE ratio shd be considered b4 making any move.Cheers.
__________________
The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions.
Last edited by billions : 16th June 2008 at 09:12 PM.
|