2007-02-04 14:47:30 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
That secret can't be shared.
2007-02-04 16:05:19 · answer #1 · answered by pritam k 2 · 0⤊ 0⤋
Very simple.....
Price of stock rises on the demand of more buyers and less sellers. This typically happens on News, or Earnings or Buyout offer, or simply just Rumors.
Check out projections from analysts and you can see next years earnings. Multiply that by the current PE and you can see the price that it will 'probably' trade at next year.
Most of the reports from CSFB, Citi, DSP-Merrill, Geojit etc will tell you these numbers.
The more imp question is what do you believe, and how does that lower your risk in any stock? You have to dig 'yourself' below the surface.
I did that homework in NIIT, VIP Indus, Wipro and I bought them. Do it yourself on these companies and tell us what you find!
Thanks.
KKP_Inv
2007-02-05 01:20:38 · answer #2 · answered by KKP_Investor 3 · 0⤊ 0⤋
We do not UNDERSTAND..We either HOPE that it will rise or that It will FALL........That decides if we will be a buyer or a seller......... more the buyers (Demand), higher the price.
2007-02-05 09:45:28 · answer #3 · answered by Sharad 2 · 0⤊ 0⤋