Stocks purchased before 22/01/08 have fallen by 50% or more.Seek advice to realise cost.?

Question

Few details : TTML@59,RNRL@123,ISPAT@67,UCOBANK@73,HIN... and IDFC@150 etc.All these have fallen by 50% by now.

Answer 1

Yes.  The stocks which you have mentioned are all High beta stocks that are actively traded everyday.  These stocks were moved to such high levels purely due to the voluminous trading happening in them.  Now when people are really concerned about the valueations of companies, such highly volatile stocks will be hit the most.

Answer 2

have patience. maket is not going to come up in 2008. u and we have no option but to wait. right now u cannot get your investment back. I am also in same quandly, or rather every ( almost ) is.so, dear friend please wait.

Answer 3

What advice are you seeking?

Answer 4

invest in fms, dva, and mpw. With the coming medicare bill being passed these stocks will be hot.