swing trade or holding for long time? alothough good for long tf
if it’s a trade why didn’t you exit? averaging?
Jokingly, “In God You Should Trust, Rest You Should Monitor”
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I entered for the first time few days ago from a medium term perspective i.e 3-4 months. If it goes down drastically then I’ll consider averaging as it’s a good stock.
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Well said. After reading your post, realised that decisions are not taken by one man.
Do accept this point. However, its his brand name which is getting spoilt.
Need to see what action he will take or will he allow this to pass and say “our boys did what is best for the investor” or so like FT chief said after shutting down MF schemes.
There is not one word about this on their website clarifying the issue.
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I trust charts because MFs, News or Data can lie, but the money accumulating or distributed in stocks can’t be hidden.
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I don’t trust finance companies with promoters. Hence I only hold HDFC and ICICI, 100% public. No promoter to pull scams. Though scams can still happen but it’s better without promoters.
Get Fined by Regulator and to rub it in - Get Promoted as well - Kotak…