Thursday, April 22, 2010

AVOID STOCKS WHICH MAKE NEWS BASE 52 WEEK HIGH


Dear Sir,
I would like to know your views about Glodyne Technoserve for short, medium and long term.
Compulink is to be merged with Glodyne (19:1). Is it advisable to buy Compulink?
Kindly make it convenient to answer as early as possible.
Thanks for your valuable blogs (all the blogs). ASK BY SHRI
S KUMAR
1. Compulink system ltd is a 10 rupees face value share related to BSE group B.
2. In 15 may 2009 this share is traded at rs. 10 only and that time no one to interested in it and currant price 36 is 52 week high than why you buy this stock? I again request my blog readers that I always avoid to buy a stock at his 52 week high or on news basis.
3. Promoter holding in this script is 36.10 percent.
4. Book value of compulink is 28.34 and glodyne technoserve book value is 64.52
5. Glodyne also traded at near about it 52 week high of 773.
6 so I think one could avoid both of stocks

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