Q.
Hello guiders
i have 5000 shares of sataym @ 71, should i hold or exit @ this level. will it fall still low or show some up trend???
About: Company: Satyam Computer Services Ltd.
Asked by shashi jay,
15 Jun '09 12:14 pm
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Mr Shashi,
You have a very large position in Satyam.Do not expect Satyam as a standalone company to go beyond 100-110.In that event,I highly recommend closing half of your position.The remaining half ,can be held as a long-term position.
Eventually Tech Mahindra-Satyam will merge and Satyam shares will be delisted; and all satyam shareholders will get shares in new combined entity-Share swap could be 4:1 or 5:1.At that moment you will gain tremendously.
This current Bear market rally is over.Market is going back to 13500 levels.
Best regards
Ashish.Mehta
Answered by ashish, 15 Jun '09 03:11 pm
You have a very large position in Satyam.Do not expect Satyam as a standalone company to go beyond 100-110.In that event,I highly recommend closing half of your position.The remaining half ,can be held as a long-term position.
Eventually Tech Mahindra-Satyam will merge and Satyam shares will be delisted; and all satyam shareholders will get shares in new combined entity-Share swap could be 4:1 or 5:1.At that moment you will gain tremendously.
This current Bear market rally is over.Market is going back to 13500 levels.
Best regards
Ashish.Mehta
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If u dont have need of urgent money, i would ask u to hold...this stock is highly undervalued at 71/-... it wil regain 100+ levels soon.... after that u can book partial profits...
Answered by dipayan ganguly, 15 Jun '09 12:52 pm
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See heavy buying at nifty it will double with in month hold it go ahead its buzzing
Answered by HIMANSHU AGRAWAL, 15 Jun '09 12:19 pm
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