American Intl Group, Inc. (AIG) – Shares of American Intl Group, Inc. failed in the $42’s on Friday. Cell Therapeutics, Inc. (CTIC) – Shares of Cell Therapeutics, Inc. crashed on Friday but saw a nice bounce on Monday. Even though the number of companies listed on NSE is lower than BSE, but the volume of trade in shares and the value of turnover on NSE is significantly higher than the BSE. So for me at this point of time (it may change), the best way to invest in share market is to choose some fundamentally good companies with good growth prospect, and hold them until it is time to sell. Its most recent earnings report in October included bright spots as well, such as a prediction for growth for key markets like China. When you practice pure fundamental analysis, sometimes you see the share price goes up & down like a roller coaster that makes you think that why not you use various technical analysis indicators to buy and sell? Well, this seems like a good idea but it may not be easy to get the timing right. Two-in-one should be better right? Anyway, better wait until after the Budget 2014 and private placement.
I didn’t have much interest in unique boutique market and my thinking at that time is: parking my money in unit trust or share market is better than fixed deposit. If the statement is true, he has either found an inept bank that will lend tens of billions to a money losing company with an undisciplined CEO, or a private equity investor who is willing to make the largest PE investment in history, while allowing Musk to continue running the company, with no checks and balances. The similar ups & downs occur throughout the year and this makes you think why not you sell high and buy low (swing trading) while riding on the uptrend of the stock? I wildly guess that more than 75% of the retail investors use the price movement to buy & sell shares for short term gain, that’s why technical analysis works, but only the more experienced one will win the most. Use it to capture upcoming dividend payments from your favorite companies!