Contra Call - Buy Resurgere mines stock for high Profits
"A Contra Buy Call is a buy call given in the time when most of the analysts or traders think, the stock will go down more and more."
(Contra call is a high risk and high reward one which fetches unexpected profits if, it works out. so, its upto u to trade in or not)
The best pick which can be a multibagger in long term is Resurgere mines and minerals india ltd.. coz
The company has been listed in 2008 after its IPO at 10/- face value.
Without any reason the stock has been splitted to 1/- face value(where the stock split is done to increase the volumes in trades, Generally done in high valued stocks). So, it seems that, there is something cooking inside which really want all investors to sell off their stocks as the stock is now treated as penny stock.
Generally, b4 stock split, the stock value is almost doubled by operators in co-ordination with promoters where both the operators and promoters can be benefitted.. (Operators by trades n Promoter by selling his stake). But, where as Promoters didnt sold their stake in this stock during stock split.
So, it seems that, there is something cooking inside
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