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I bought Cine india at 110 Rs three years back. Do i sell it or still wait?

About: Money

Tags: money, sports, politics & government
Asked by vishal Goyal, 06 Jul '10 11:09 am
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Answers (1)


I believe you are asking about CineMax India. The current price is at 55 levels. Waiting to achieve 110 means you are expecting a 100% return. The price is at the lower end of the last 5 years price band. Is it possible to achieve a 100% return - yes, anything is possible. Is it probable - I dont think so. Take a 50% loss now rather than taking more later.
Answered by Shah Shah, 06 Jul '10 12:29 pm

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