What goes up, it comes down..

This is the share price graph of a company named Krishna Filaments for the period 3rd Dec to 3rd March. Looks like a perfect normal curve and is an example of the sweet poetic justice of stock market.

In the past few months, some of the companies have got soaring valuations but then our Finance minister is making sure that no any investor earns money (only the speculators can). Well, I was keeping a watch on this company. The stock price was simply going off the roof and though I was trying daily to buy this stock since it was Rs. 7, I never got a chance as it use to get locked in the circuit the moment it opened. Within 6 weeks it went on to hit Rs 60 (multi bagger) and I decided not to buy as it seems overpriced. And then suddenly without any rhyme or reason it started coming down. I doubt that whether anybody was able to sell it because on the ride down, it was hitting lower circuits daily and normally you can't sell that time.

Well, that is about stock but it also confirms an age old fact that "What goes up, it comes down". You just have to wait for the right time and when it comes, it feels like a sweet poetic justice.