Stop The Panic Bull ! This Is The Time To By And Hold!
Q: I don't understand why traders don't do there homework. Sometimes you need to understand the fundamentals analysis. Tech Mahindra Limited, wants to get the price down so they can get another bargin on buying 20% more common shares. That's why they are saying to delisting from europe. The cheaper they can buy your shares, they get even a better bargin then they got in the bidding war they won. PEOPLE WAKE UP! Smell the roses! Think, Think, Think, do your research!!! A lot of people are in for the short tem buck, which is fine, however, if you don't keep a stock for at least a year you will pay a 33% tax on your profits vs. 15% if you hold over a year. So if you are a short term buyer you better be a great picker, because you will be giving about 1/3 of your money to taxes next year. I know last year was so crazy everyone had to buy then sell and not hold due the constant drop in in market, and this will continue through most of this year. However, when stocks are as cheap as this one at 2.00, thats the time to invest some money and hold for a year. This stock will be over 10.00 maybe even 20.00 a share by next year. You don't have to sell to Tech Mahindra Limited, and they are not delisting from the NYSE. Stop the panic. IT"S RIDUCULUS ! Nobody know's for sure WHERE the market will GO!, much less what each stock will do. 90% of the brokers I know feel this stock is a very strong by at 2.00, and should see 5 to 7.00 within 30 days. I'm in for 150,000 shares @ 1.97. I put my money where my mouth is! I will stay long for a year. Just my meger opinion!!! Also please look @ http://finance.yahoo.com/q/ao?s=SAY this is just one opinion. Good luck to all and think before you lose all your money. Please do your research before sounding like a moron on these blogs.
A: Smart Trader! Yes it might be 60 days, however, after this downward phase we are seeing, this stock will hold around 2.00, it will be a rocket. Maybe even around thursday when they have to start buying 20% common shares according to Tech Mahindra contract agreement. Should see a strong upward trend by then. Thanks and Good luck! People stop worrying so much, it is only the pre market please don't panic everytime the stock goes down. Wait and see, there will be a day this stock is gonna explode, but once again patience is a virtue. They will be waiting a looong time. This stock will cruise to 3X share value they were just bought for......
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