"Cairn India limited" has its closing date on Dec11,Pl advise weather its wortha stock to invest in as an ameture invester.Also what is the circuit & growth (in comparism with time) can I look at the stock at.How long should I hold the stock for
2006-12-03 09:07:42 · 3 answers · asked by pramodvpacher 1 in Business & Finance ➔ Investing
for beginners I would stay away from IPO's especially this one. For every google there are 1000 Vonages. This one may get a brief pop at the start (as do most usually) but will slip back down to normalacy. I would stay away from it.
2006-12-03 09:58:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
can't help you with the specifics, all I can say is it is in the news over here in England. From my experience of IPO s is that they often are oversubscribed and make money. With the dollar weakening to the pound, and the the rupee weakening to the pound, and such a lot of global uncertainty I would say if you chose to buy and they increase in value by a decent percentage, take your profits quickly. Cash is king in times of uncertainty
2006-12-03 18:34:14 · answer #2 · answered by D 5 · 0⤊ 0⤋
try aptistock freeware buy sell signal chart
more answers on investment in my profile
2006-12-04 04:31:39 · answer #3 · answered by dinu_pawar 5 · 0⤊ 0⤋