taking stock

A phrase that the Oxford English Dictionary reports was first used in 1736. It means "to make an inventory of the merchandise, furniture, etc., in one's own possession, recording its quantity and present value, or to make a careful estimate of one's position with regard to resources, prospects, or the like."

Wednesday, May 30, 2007

MIC Electronics kicks ass

MIC Electronics had a fantastic listing today. Despite the market coming under selling pressure after the Chinese index plummeted 5.7%, MIC stood strong and did not witness any sell-off.

The scrip debuted at 75% premium and ended the day at a fine premium of 125%. FIIs and HNIs were seen buying the scrip at regular intervals. I personally would strongly recommend a HOLD on this scrip.

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Said Rajesh at 8:00 PM

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