Thursday, August 24, 2017

Coal India....Contrarian Buy....

today have purchased Coal India 241...as a contrarian buy...Totally neglected stock...out of the list of other investors....Zero momentum...Coal india hated by almost everybody...lots of negativity spoken about the company...so makes a good buying bet...Zero Speculation...Almost 47% down from lifetime highs... of @447... From Fancy stock in the year 2015 today it is dying a slow death...It might go down to 175/- also but will still buy more in the downfall for long term investing of say atleast 8 to 10 years....

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