However, when you invest on speculation, for short term investing, only one person can be blamed if any losses are incurred.
When the market is down 20% it is the time to buy good quality stocks. Once the market recovers and loses value maybe start dabbling in the speculative side of the market.
I did own IGC and NKP and i held onto them through greed of big gains. Whether they went up or down, it was not an intelligent investment.
The chinese middle class all want cars so on fundamentals this stock should be good in the long term but i see lower risk value out there, with managements that have GOOD and Trustworthy track records. No 50% gains overnight but steady steady.
IGC Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
