A pretty high risk to hold Twilight Litaka in the long term: Deepak Mohoni

In a chat with ET Now, Deepak Mohoni, Director, trendwatchindia.com, talks about Twilight Litaka.

ET Now: Twilight Litaka, you think it has got legs to do more?

Deepak Mohoni: I think of all the stocks we talked about today this has to be the most volatile. It went up 20-fold from the end of 2008 till the start of last year. Now it has fallen 75% from that level so this is huge volatility. I would say that if somebody wants to trade or buy it you have to keep this volatility in mind it could go very well against you so if there is a roaring bull market you want to hold the stock for a short period of time and its running like this and then it is fine but otherwise I think it poses a pretty high risk to hold in the long term.