I will be keeping an eye on your ideas in the future , thanks
ariensid
⋅
any specific reason it'll take off? I had it since 130. Went to 1000 and crashed again. Didn't exit at the right time.
Rachit_Sethia
⋅
@ariensid, The company had a very, very strong profit reporting. Mostly 10 times of what it earns now, So when it distributed what it earned, as Dividends, its share price rose.
You must be holding it for 2 years, i assume, and the prices now are of that level. It will rise as its profit grows. Be patient, It will push up a bit now.
ariensid
⋅
@Rachit_Sethia, since it is the only electrode provider for lithium ion batteries like those produced by RAIN, if we stop imports from China, it is a monopoly for HEG and Graphite. And profits are then, bound to rise. If they hold this monopoly for 5 years, it will be a multi bagger. Correct me if I am wrong? Trying to learn as much about these 2 stocks and you seem to have knowledge about these.
Rachit_Sethia
⋅
@ariensid, Yes i have been tracking RAIN as well, some of my clients have earned very well, and are still holding RAIN in their portfolio. Both the stocks have a very bright future.