Home > Midcap Stock Ideas > UTV-Another stock which went from "high to higher"

UTV-Another stock which went from "high to higher"

Friday, December 7, 2007 Leave a comment Go to comments

UTV is another stock in which you might have benefited from buy high and sell higher strategy. Check the chart below and see How the stock moved from 600 in September to 1050 in 3 months. Would you even dare to put a target on such stocks?

utv.jpg

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  1. sagecapital
    Monday, December 10, 2007 at 9:40 am

    Mohit-What would you dare to buy in this market?

  2. Mohit
    Monday, December 10, 2007 at 9:37 am

    I wouldn’t even dare buy it

  3. sagecapital
    Sunday, December 9, 2007 at 10:54 am

    Sharesingh- The “price moves” happen before the news is out!
    This is because many insiders start buying into the stock. Thats why following the trend gives you “an early” entry in many cases even though you might not be aware of the actual news.
    You might be surprised to know that we picked Omaxe couple of days back much before the BIG news came out! Not because I knew some insider information but only because of the price moves.

  4. sharesingh
    Sunday, December 9, 2007 at 10:22 am

    Hi Sage,

    i am regular watcher of your blog.It looks/smiles you are like a ,insider.When ever you recommend a stock or write some stock idea , after some time a news break out from the company ,but you are telling people that don’t follow new based investments, only Follow the trend.Please clarify .

    Sharesingh

  5. sagecapital
    Saturday, December 8, 2007 at 2:54 pm

    Ashish- You might be right. Media and entetainment is going to be a hot sector in the coming years.

    Hozefa- We are still riding the bull in UTV. As we never bought on the basis of “walt Disney news”, so we not worried about it.
    If you did so and the news didn’t pan out as expected, you should cut your position and move on!

  6. Hozefa
    Saturday, December 8, 2007 at 2:42 pm

    Dear sage

    I wanted to know, if UTV can trend higher from here. As it has already gone to 1000 and news about walt disney has not span out. What should I do? should I hold on to this beauty or sell partial of them.

    Best Regards;

  7. ashish ji
    Saturday, December 8, 2007 at 1:05 pm

    SAGE I WILL PREDCT MEDIA/ENTRTAINMENT to BE SECTOR OF YEARR 2008 ….. NO BASIS >>> GUT FEEL! MIDDLE CLASS looks ready to spend …. adlabs nearr my housee always FULL… big ATtraction … YOUR TAKEE?

  8. praveen
    Saturday, December 8, 2007 at 11:49 am

    yesterday i bought 20 shares at 994. should i hold or sell

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