Thursday, January 27, 2011

Greed thrills but kills!

I remember the period when a 200 rupee stock in Money Matters went up to 400 in a couple of months. The 400 rupee stock went up by another 200 in less than couple of months. Along with the stock price, the volumes also shot up. This shows the interest in the stock. This indicates the greed taking on the fundamentals.

Just one issue, the stock falls from 700 to 100 in less than 40 days – a fall of 86%. Most of them have not got an exit. This reminds all of us – Greed thrills but kills!

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