How many such JARGONS are there?

General
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A friend of mine purchased into Gensol Engineering during its bull run.

Renewable energy was the buzzword, Twitter gurus were chanting “next multibagger,” and the stock was soaring like a Diwali rocket. Around ₹1,100, he bought 100 shares—convinced it was a ticket to early retirement. Then came the plot twist. Slowly, the stock began to sink. ₹900… ₹700… ₹400… and now? Below ₹70. The WhatsApp group went silent. But my friend? Still holding tight, like a Bollywood hero clinging to lost love. No exit plan—just pure emotion and a demat account full of regret.

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We all chase that one big winner—the dream of catching a stock early, riding the wave, and cashing out like a legend. But when the tide turns, reality kicks in. You remember the peak price, the dopamine rush, and start hoping for a miracle comeback. That hope becomes an anchor. You stop investing—you start waiting.

I go to know this, is called the bagholder trap.

It’s not about logic anymore—it’s nostalgia, ego, denial, and a little bit of emotional blackmail from your own portfolio.

Is there anyone who is holding these kinds of legacy positions? Which “once-a-star-now-a-saga” stock is sitting quietly in your holdings, refusing to leave?

Further anyone know what more jargons are there similar to this ?

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Its what they call as “Value Investing”, but oh btw Institutions see people who are into value investing as dumb money

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Many of these are likely some form of pump and dump with promoters probably hand in glove with the scammers. Have seen it 10+ years ago when i was ‘value investing’ without any real competence.

One stupid thing i tried was to look at targets ( from equitymaster - my then boss recommended its sister company), see which stocks have highest % returns if they get to targets and invest in those. Inevitably, i held a few falling stocks that were falling for a reason.

And next i started following possible scamsters on moneycontrol. These were similar to this one, made 10x in past and then invested looking for 10x more :slight_smile:

Lost a bit of money there, good lesson i guess.

One of those companies, SRF, made a fabulous move for many years and i held through it. So that should have covered it. After i sold ( for trading), it went 4x up in short time lol.
Painful, but trading has more than made up for it over the years now.

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Sure ur frnd name nt rohith?

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@Varun_Katyal Hopefully not :smile:

Bdw I do not hold Gensol :stuck_out_tongue_winking_eye: I hold IGIL which i bought it at 611 now its at 361. I hope i have not fallen into the trap.

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