so many sad stories😌
LIC IPO, sold at 95-100/- loss per share 2lots =15K loss
It was so hyped that I thought it will fly like jet although its PSU😄
Hey Dimers!
How's your portfolio doing? Is it making you money or seeing some losses?
We have an awesome contest just for you in DesiDime Finance Section ! Share a stock you bought because everyone was talking about it. Are you stuck with it now? Or did it make you quick cash?
Share your story for a chance to win 50 Dimes!
Don't miss out! 📈💰
Mine story : I bought Alok Industries at Peak and Now i am stuck with 47% loss.
Contest tnc :
We will select 10 Random Winner from comment.
Each winner will get 50 Dimes.
Contest ends on 22nd March 2024.
so many sad stories😌
LIC IPO, sold at 95-100/- loss per share 2lots =15K loss
It was so hyped that I thought it will fly like jet although its PSU😄
it can not fly like jet considering the size of the company. A Rationale mind will always know this basic.
BCG at 48 Rs
Paytm, zeel and subexltd are biggest disasters in our family portfolio.
But I learned and learning alot since COVID..
Recovered lot from reversal trades. Sample examples.
1) Cartrade purchased at bottom and sold at 900
2) Kalyan jewellers bought around Avg of 68 (5000 shares) and sold this year Jan
3) Zomato brought at 70 and sold at 155
4) Birlasoft bought at 300+ avg and sold in batches around 700-800+ range
5) Recent one policybazaar purchased at 670+ avg in Jan and sold at 1170+ couple of weeks back.
6) Made a big entry in JIOFin after fall of Paytm.
Invested and sold Few more penny stocks like RTnpower, suzlon, trident.
3) You should not have sold ZOMATO after it crossed it's listing day high. Zomato's next target is 200-250
SBICARD, loss off 21%
Rona dhona chalu 🤣🫡 ... M getting super active in buying mode for next 1 -2 year. 🤓 Reason why retailers always lose money... I missed booking profit too... , got carried away .although I was 100% sure this is coming soon...
SJS.... currently 5% loss
missed profit booking in IREDA ( IPO allotment)
stovekraft 🍲🥘🍳
Bought KPI green energy stock at 200 now its price is 1600/- I stuck in this stock whether to sell or hold for future, unable to take this tough decision, holding from 2 years
Strongly it's a Hold for long Term.
When i was tracking it it was at 350-400 range. AFAIR Gone to 800+, also issued 1:1 Bonus in Last year. Now rest is history.
Definitely it's a Hold for Long Term.
cc: @bikidas2060
Pidilite.... I am stuck to it
EaseMyTrip arround 50% profit in 3 days.
(During Maldives Controversy)
Yes Bank @ 162 with 85% Loss as on this date
Nykaa @ 393 with 60% Loss as on this date
Rajesh export
Delta Corp - Stuck due to GST 😞
After seeing all messages all r struck with penny stocks and loss making company's
No one struck with large caps
Leel electronic, bought before it got bankrupt just by an advisor of YouTube. It's not traded any more. It was my 2nd purchase after Yes Bank back in 2018.
New india assurance , 28% loss
Irfc 24% loss
Yes Bank
Bought at 120/-
Stuck since several years
Paytm bought during IPO days ..
FCS. Still holding it. Hoping to sell it as soon as it recovers.
Laxmi organics 63% loss
UPL 38% loss
Alkyl amines Chem 50% loss
Bandhan bank 39% loss
About 1.02 lac loss within a week.
All four good stocks. 👍
SASTASUNDR
VPRPL
KARNATAKA BANK
ALLCARGO
Alok industries
Thankfully I got stuck in none of the stocks, though direct stock investing consists of just 10% of my equity portfolio, rest MFs. I kind of got stuck in Bajaj Finance, with no returns is last 2 years, I am holding it as a token, as it is my first investment.
Looking at these stories, I wonder how many of the investors are serious about investing in direct equity. If your portfolio is doing well, then good. If position size in each of these stuck stocks is 5-10%, then fine. Buy and hold will not work for lot of people. Unless one diversifies across sectors, more chance that one gets stuck and loses patience. But I wonder for how many of the people here, direct stock investing is some kind of fun and fueled by sight of quick gains. Because for lot of people, mutual funds are best way to build wealth and reach goals.
Value investing and fundamental investing sounds too glamourous, but for retails investors it is extremely lopsided in terms of time spent to return ratio.
I used to think like this, then 1 day i realised MFs and ETFs are using my money to earn 100 while i only get 20 back. When i realised i could "do it myself", i started investing in growth stocks with long term holding
tata moters,tata power,tata Steel,jio fin
Kitne pe le rakha hai bhai
??
Nykaa
Paushak bought because saurabh Mukhaerjia was so bullish and advertised all over, now just this month he disclosed he sold the holding and I am stuck with 50% loss still dropping
Gujarat Nre coke... Average buy price 90rs lost approx 10 lacs in this 1 stock
I bought Birla Tyres at Peak and Now i am stuck with 100% loss.
If everyone is at loss who the hell is making money ?
Are you trying to gather stocks holding data from users?
HDFC 11% Loss
Nice Collection. 👍
TCS 🔥 - Seems like you did bottom fishing in it. Little bit above of 52W LOW. even at CMP it's already discounted and below it 52W high of 4250 approx.
PAYTM - again bottom fishing. 🔥👍
HDFCBANK - Looks you picked at recent upmove. You will still get some chances to add more.
SJVN 🔥 -. Add more.
Missed booking 5.5L profit ... And I m always ready to see 5-10 Lac loss. (Warning for those who get carried away)
Stock market is very risky. Better than Mutual fund PPF sukanya if you ve patience and time it to perfection...