Monday, June 20, 2011

For short term


GTL ltd and GTL infra

Today GTL ltd and GTL infra both are down 57% and 40% respectively and after clarification from management I don't think there is anything sinister. This kind of fall happens because of margin calls trigger and whenever that happens it is followed by super recovery. Readers who are bit risk takers can buy this and if this turned out well can give good returns in very short span.


Thanks.

2 comments:

  1. bought gtl @ 140.5.
    Keep holding?

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  2. I would advise to keep it holding but again decision is all yours, If there is anything bad which is not in public domain then sell it as soon as you know about it, till then hold. I think recovery would be as swift as the fall was If everything is alright.

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