You are now using a guest account at UpDown that will expire in 7 days on November 30. Sign up below to join the site and save your portfolio.
Note: If you already have an UpDown account , please log in.

india_is_the_best

Chiraag Kirpalani

Real Money Earned: $1.20
Location: Old Greenwich, CT
Member Since: 12/05/08
Portfolio Total:$2,131,341.20

Stock Analysis: 7

Portfolio Start Date12/05/08
Annualized Return:116.8%
Total Return:113.1%

Add As Friend

Send Message

Stock Pick by Chiraag Kirpalani

AKS: COMPANY WILL NOT REACH OLD HIGHS

Start trading AKS with real money!

Rate Analysis

0 ratings

Posted 198 days ago on 5/07/09

Market call:AKS will go UP
Target: $23.00 on 8/07/09
Current: $18.69 (37.43% from time of market call)

Steel prices were around $600/ton in early 2008/ late 2007, this is where you see this stock climb. Subsequently, it is self evident with India and China becoming bigger players in the game, comboed with the Steel prices not reaching those highs, potentially ever. I would be highly surprised if it surpassed by target indicated prediction.

Add a Comment

Comments

Sort: Date Posted | Member

No results found

Subscribe to Stock Analyses Comments feed: