My Experiment with Stocks :)

Today is Holi and I am in office as there is no holiday given. I don’t know why these people do not give holidays on festivals also. Today even for stock-market it is a holiday. That is why I am having lot of idle time I suppose :) if market was open then I would have been watching or doing something there. Recent activity I have done in stock-market is buying some shares of FCSSOFT (FCS Software Solutions). I had never heard of this company before until it listed on the top row in nsc-top-losers list. It was a pure gambling in this case and I was prepared for the consequences since the market price was pretty low (7.25rs). Before this I had bought NMDC shares some 3-4 days back. It was going down when I bought this NMDC shares thinking that will be the trough point that is going to reach for some short period of time. But it went down and down and down. Still it is having downward trend only. And it is down by some 35rs. For every share's movement there will be some reason behind it but for this I am really finding nothing. The company is expanding and it is planning to take over 6 companies and its export rate is going up but the share value is going down. Anyways I am not a investor so I do not have to think of any company's long term plans I am just a mere trader. Now we have some brown bag lunch with DM. it is of no use but still the food will be good so we attend whenever we get invitation. Hope the food will be good today also. :)

 

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