Orchid appears to be heading south unfortunately. The last trade today was $208.65. The 52 week high was $399.95 and the 52 week low was $142.00. If you own 400 shares @$321.00 and it's now at about $208.00 you've already taken quite a loss. You probably should have sold some time ago. But hindsight is always 20/20. If it were me, and I'm speaking only for me you must make your own decisions, I'd sell and take the loss off my taxes.
I have 400 shares of orchid chemicals@321.00??what are the future prospects?
I would do my own research before taking any decision. If I couldn't, I would ask help from the professionals.
Reply:i sure would not take any ones advice from on here. Ask a broker his opinion or look up the stock yourself on Yahoo Finance and do a little research of your own.
Reply:browse Yahoo Finance and you can download every information of the above company to per sue further.
Reply:This is a diazy situation. In stock market u must be a wizard to make money or u must be prepared to make lossess. Do u know what is meant by a loss. In stock market terminology u should be prepared to leave a stock at a particular fall rate and switch to other or same at low. Or be prepared to loose entire value.
If u are a long term investor. There is no botheration Wait and wait.
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