I bought shares in 2 companies that have subsequently fallen in price due to fall in copper and oil prices. Should I cut my loss and sell now or wait it out? I dont need the cash but find it disheartneing to see their shares falling each week.
2007-01-21 22:55:44 · 14 answers · asked by Prav 4 in Business & Finance ➔ Investing
No one here will be give you valid recommendations on what do do, but there is one question you can answer yourself that will tell you if it's time to liquidate.
1) What was your original premise or predicted catalyst for purchasing the stock?
If that premise for your original purchase is still valid, then your trade isn't over. This means conditions you specified for the purchase are still occurring, and those conditions haven't changed. If this is the case, then don't liquidate, because things are still set up for a price gain like your original thoughts. If not, you may want to liquidate.
If there was a predicted catalyst, did that catalyst occur already? If this is the case, and it has occured, and not the prices have declined, you original reason for buying the stock has disappeared, and it's time to liquidate. If it has not occured yet, then your investment premise is still being worked out, and you shouldn't liquidate the stock
If you want to chat about the market, I'd be gald to talk toyou on AIM, my screen name is WallStGolfer31
2007-01-21 23:13:36 · answer #1 · answered by Dr. Daniel 2 · 1⤊ 0⤋
i mean, it depends on how old you are. I'm 21 now, and lost my virginity at 20 with my bf of 1.5 yrs, and honestly it was the best decision ever. I wouldn't advise losing your virginity too young, unsafely, or outside a good loving relationship. I think having practice before marriage is a great thing, because if you end up not being compatible w/ the guy sexually (which believe me, happens more often than u may think), you really should know before you're bound to him for forever. It also depends on your religious views. are you going to regret it? I think the main thing is that you should make your first time really special either way. In my case, we actually rented a hotel room and dressed up all cute and got room service, and it's something I will never forget. Make it special no matter what! Oh and also, virginity is overrated. You don't feel that different afterwards, you just feel less innocent. For me personally, it made me a bit more street smart and knowledgeable about guys and how they think.
2016-05-24 16:30:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Depends on which companies youhave invested in
Hindalco, Sterlite, for copper, they are excellent companies and have a great future.
Oil companies, ONGC/ Reliance, Great companies sitting on huge oil and gas reserves, besides Reliance is a huge SEZ, Retail play, They have great futures too and will create a lot of wealth in the long term
Oil Marketing companies HPCL, BPCL, Indian OIl etc?
Very profitable companies and PSU giants, unfortunately having to take the burden of Oil subsidies. Will do well if the Govt increases petro product prices and Crude prices drop. However these are subject to too many variable risks.
You may get out of these and invest in ONGC , Reliance, SBI, ICICI bank, BHEL etc these too are great companies
2007-01-21 23:05:42 · answer #3 · answered by brian p 3 · 1⤊ 0⤋
It is rather disheartening for certain when your investments head south. Generally, if you are loosing money on an investment you should set yourself a goal of how much you will allow yourself to loose before you decide to liquidate. That will protect yourself from the problem that once a trend is in motion it tends to stay in motion until an external force acts to change the trend. In the case of oil stocks and copper stocks the trend is falling prices. With a softening economy, there does not appear to be in external forces to change that trend.
2007-01-22 02:56:23 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Howsoever you have not mentioned the name of the companies but the share market scenrio is very good. I suggest you not to liquadate the position and the hold the share for another one to two years and you found that you will get more than the double price from here.
2007-01-22 00:23:22 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you have made money on them and they are short term gains, keep in mind, money earned is still MONEY. Both of the companies that you refer to are commodity dealers, and make money due to wild fluctuations in the prices of those commodities. If you think copper and oil prices are going to keep going down, sell if there is not a major tax implication.
2007-01-21 23:46:29 · answer #6 · answered by mrstockwatcherguy 2 · 0⤊ 0⤋
since u dont care 4 the cash, u could stay invested for 30 yrs and there'd be some profit
but metals is a very risky sector. sell. and buy something from a better sector (avoid FMCG, Tech is good)
2007-01-21 23:35:13 · answer #7 · answered by sushobhan 6 · 0⤊ 0⤋
No. Likely to rebound + should not be over-trading. I have some too but as part of a diversified portfolio. When they go down others go up.
2007-01-22 01:13:24 · answer #8 · answered by vegas_iwish 5 · 0⤊ 0⤋
for current scarp metal prices which will give you a good indication of where prices may be going go to Demolition, Scrap Metal and Salvage News http://www.demolition1.blogspot.com
2007-01-22 03:40:50 · answer #9 · answered by ? 4 · 0⤊ 0⤋
chek buy sell signal on
aptistock freeware
& trade accodingly
dont go 4 long term investment
details on my blog
2007-01-22 02:24:08 · answer #10 · answered by dinu_pawar 5 · 0⤊ 0⤋