Monday, June 04, 2007

Real money thru Real Estate - Peninsula Land

MORGOK: Initialy screened at a price of 350, the stock has done really well. We sold off 10% of holdings at 450, followed by another 15% at 520. With the upcoming IPO of DLF to be started tomorrow, we should see some nice action on this stock

We give it an immediate buy call with an intial target of 775. The SL for this stock is at 490.

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