Ultra microcap picks by porinju

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Posts: 83
Joined: Mon Jan 09, 2017 8:44 am

Ultra microcap picks by porinju

Postby valuepicker » Tue May 30, 2017 7:23 pm

Porinju has been investing in many stocks with marketcap of 20 to 60 cr Rs. These are illiquid stocks and daily trading volume is as low as 2000 .. How does he get out of these stocks or these are held for 2 3 years till others start buying.. Some are also bought under litty his wife, sunny and shilpa his kids...
Are investors supposed to stay away from stocks or can get with the flow?

Pee Vee
Site Admin
Posts: 295
Joined: Mon Dec 26, 2016 10:45 pm

Re: Ultra microcap picks by porinju

Postby Pee Vee » Tue May 30, 2017 9:17 pm

Such illiquid micro cap stocks should be avoided by normal investors. Porinju may have some understanding with the promoters or other large investors about what has to be done. Unless there is such an understanding one cannot risk investing in such stocks.

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