CompletelyWrong,
I am not sure why are you behind me.
Anyway, let me explain my logic:
this is planning for a big foray into Agriculture.
Now, in India 60-70% of the people rely on Agriculture. Right or wrong? So, this is big compared to the telecom growth [Bharthi Airtel was at Rs. 20 levels & then moved to more than 1000 levels]..

Telecom revolution is just 1% of the agricultural revolution that has to come in.

I agree that there would be many players. But still in telecom too, there are many players. right?

Let us be good friends; please post your views here...

Thanks,
SandPM...

let it go to 1 paisa. I don`t care. if it goes bankrupt, I will then consider myself as a failure. till that time, I am CompletelyRight in investing in this stock.

As an advice, please buy 100 shares, after 3-5 years, you would put my photo in your pooja room forever by removing all gods photos and you would ask your kids and wife to pray me daily instead of gods.

Thanks,
SandPM...

be assured that this is a future combination of mini-ONGC, mini-RELIANCE, mini-GE Shipping, mini-Dredging Corporation Of India, mini-Gujarat NRE coke.

So, when this is so many minis why the hell is it quoting below 60 levels?

Much beyond common sense of me!!...

I know I am not CompletelyWrong. Hence, I would still buy Platinum & Mercator Lines. I don`t listen to you nor your baap of share market....

Mercator is quoting at foolish levels. I may agree if some flat which is currently quoting at 50 lakhs in Bangalore or Mumbai comes down to 10 lakhs or 5 lakhs. But I can`t just agree that Mercator falls to below 50 or 60 levels. This is just ridiculous....

ok. Thanks. the word is "LONG TERM INVESTOR".

I never touched Indiabulls which corrected more than 90% [1000 to 84 rupees]. I didn`t buy/trade ICICI Bank which has correct 75% [1500 to 325 levles]. I didn`t buy Unitech or DLF, which have corrected 80% [600 to 80 levels].

I have just bought Mercator Lines & Platinum Corporation, which are at these FOOLISH low levels.

Thanks,
SandPM...

ok. So, what?
If it comes to 20 paise then I would probably buy 10 lakh shares. Let us see if sensex goes to 3000 levels & Platinum at 20 paise levels.

I have bought Mercator today also. I don`t have money otherwise, I would have bought even Platinum today. These levels are to fool investors. once, 50 paise is hit it might be only in Upper circuit till rupee 1 levels.

Thanks,
SandPM...

Hi, In the anticipation of global slowdown and commodity demand destruction Baltic Index has corrected below 30% of the High. All the shipping related STKs are tumbling down and hence the weekness in Mercator continues. Long term support seems to be around 20-26. Safely invest when Baltic Index turns or USA market stabilizes ,till then hold onto your cash. Happy investing!...

Not talking about Mercator, stupid, talking about Platinum. This is the Platinum board, isnt it ? Mercater is a genuine company in a sector set to do badly. It will recover when shipping recovers. But Platinum is a pretender that is best avoided....

be assured that this is a future combination of mini-ONGC, mini-RELIANCE, mini-GE Shipping, mini-Dredging Corporation Of India, mini-Gujarat NRE coke. So, when this is so many minis why the hell is it quoting below 60 levels? Much beyond common sense of me!!...

How much more wealth must this company destroy before a person like you comes to his senses ?...

Mercator is quoting at foolish levels. I may agree if some flat which is currently quoting at 50 lakhs in Bangalore or Mumbai comes down to 10 lakhs or 5 lakhs. But I can`t just agree that Mercator falls to below 50 or 60 levels. This is just ridiculous....

The word has yet to be defined to describe a person like you. Have you learnt nothing from the many name-changes & business-changes done by this company ? It is called chasing the flavour of the season. Companies with nothing to show for themselves follow this trend....

Dear Sand, I did not mean to hurt your confidence and feelings, shipping industry as a whole is going to suffer, already suffering, this was a strong sector not had much impact, when I saw that news of "going to suffer" I exited. Later several times, I saw in Bloomber shipping industry hard hit recently. we all know MLL is a multibagger script, but I am a regular viewer of Bloomberg news and I very well knew that MLL and other shipping companies are going to crash, it hit 35/- no need for a bet, but it will break even 32 or 30 and trade below 30. When market get positives, this stock will be back which originally has a Rs.320 target beginning of this year. We will get it back. The only thing is accummulate if it falls below 30 and take a 5 fold six months later. That`s it. There is one more danger pausing all stocks with foreigners investment, they are passing through bad time for funds and they may offload their shares which is happening. Even there are rumours that Chevron may offload their 5% from RPL in which case the great blue chip can fall below 100 levels to 2005-06 of 66. U.S. is completely shattered. Anything can happen temporarily. Accummulate if RPL hits 2005 levels as almost all stocks are hitting 2005 levels, including Mercator which is 30. Thanks =AVRO= Dear avrochan, 1. If it falls to Rs. 32 then I would sell my house & buy this stock. I missed this opportunity 2 years back. 2. I would give you Rs. 1 lakh when this gem would reach Rs. 200 or more in next 3 to 5 years for sure. Thanks, SandPM....