PC Jeweller
So, when was the last time any market has ever performed rationally without being in the influence of the mainstream media BS .
The answer is no . and will be no in the future .
For example above you can see the chart of a wondeful profit making company whose profit has been growing for over 47% for straight 10 years now ..
The stock crashed from a all time high of 600 with a low of 100 and now at 200 rupees per share . With the positive news that the company is gonna buyback is shares for RS350 each the public has not shown their enthusiam and the stock has still plummeted today taking the whole market with it .
A great oppurtunity for value investors ?? I think so but they should wait and let the smoke clear a bit before taking any action ...
More updates on the stock to come soon .