Sasken

Karunakaran · #1 (**permalink**) 6th June 2008, 05:29 PM

I am holding 500 shares of Sasken purchased @ 150/-. Can I hold or sell.

pkapadia · #2 (**permalink**) 12th June 2008, 08:23 AM

I am seeing this share drop from the high levels of 500 continuously over the last year. 74% of their sales come from 5 contracts. It has hit a low 84 already. Everytime I think THIS has to be the bottom, it proceeds to make a new one. Currently its value is 122 close to your purchase price so you don't have much to lose. You should be able to get out at profit when the market bounces. I would hold the stock ONLY IF there is some positive news on company front.
Paresh

pkapadia · #3 (**permalink**) 19th June 2008, 09:22 AM

Looks like God answered your prayers, and how quickly too. SASKEN hit 174 yesterday, and even as it went down with the market, there was some late minute buying coming in. Good for you.
Paresh

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