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clock Created with Sketch. 01/01/22
10:28
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Originally posted by stephencca
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when the share price exploded after the generics portfolio was purchased, shareholders should have sold. Generics don’t produce much profit - just turnover. And competition by hardworking Indians is guaranteed to keep the profits low. These temporary unsupportable share prices are the time to sell. That’s not hindsight - it’s so obvious. Share prices go up and down. A big profit must be taken. Anyone who buys shares when they have already exploded is crazy. You also have to be careful when they go down….. they can go very low … much lower than is sensible. Remember, if people didn’t lose money every day on the share market, nobody could make a profit. c
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Agreed in toto.
(20min delay)