I am feeling very very bad that all stocks are going down and more and more bad news are coming on the market and that is taking toll on smallcaps and midcaps.
All the stocks recomended here by me are coming down and down and readers are feeling the pinch of it and I too am feeling the pinch as well.No one likes to see wealth getting distructed and PF showing RED daily and I am also one of them.
I have seen recently that many of my calls has gone abysmaly low and taking out more then 50% of the buying price.Friends remember one thing, what I am doing here is looking at the sector, reading the annoucement, reading the sales, reading any buybacks annoucement etc etc and give a call here.
No way I can able to talk with management or visit a Co plant and then give a call.You all know what I analyse and how I analyse and give a call and when chips are down the stock keeps on going down and down.
One of the analyst has written in recently that Sujana Towers is a SELL as there is nothing in the Co.Allied Digital is a SELL as there is nothing in the Co and the CBI raid has happened and hence don't buy them but actually SELL them.
He maybe right he may be wrong.That is why I always write that please do the Due Diligence before buying.
Whenever the market will take turn , it will be first the large caps that will move and then the midcaps and smallcaps and it is going to take time for Mid/Small cap to move.
I have tried my best to discuss and analyse stocks and then put it here but still I had gone wrong in many of my picks in huge way.I have gone wrong also in big way in predicting the course of the market as well.
I feel bad that my picks are going down and down and I have no answer when readers ask me about it what to do.Sometimes I feel that I need to stop writing here as many of the subjects I write on here has become controversial.I donno, how long I will be able to write here if world market and Indian market is going to behave like these then I think there will be nothing more for me to write.
I know I have a caption at the top of my blog which says that DD is a must and I am not responsible for anything , but I still take the moral responsibilty in the sense that if when my readers are losing money , I can't come out and say ruthlessly that I am not responsible for anything.
I know time will come and market will make a comeback but when I see wealth deteriorating of my readers I too feel dejected.I would like to see each and every readers of my blog making something from market.