what has changed?, page-3

It is completely beyond me to find a reason for the fall in the SP of EDE. I have included it in my stock pick for last month as well as this month. It is one of my hard luck stories so far. I have not given up and continue to add a few more EDE to my portfolio and average down. Some of the soothsayers say it is foolish to average down but when the fundamentals seem sound I believe it is the way to go.(I averaged down and traded CER with good results during the same time that I have traded EDE)

I continually ask myself the question posed with "What has changed" and continually come up with the answer "Nothing has changed except for a cheaper SP. I then decide that if it was a good buy then that it must be a better buy now.

I treat it as going past being a "spec" stock and is a development stock. A lot depends on India being serious about combating polution and climate change. As they develop and get more motor vehicles (see Tata Motors new car) they will be serious about beating polution.

I'm happy to hold and to accumulate. DYOR.