Friends, Some idiot after seeing the heavy fall of omkar shares on listing shorted Acropetal .Now let the short seller & the subscribers of acropetal enjoy the war.I will be only an onlooker of this war.
Acropetal may have flat to negative openings. Since QIB and NII subscription was low and issue is comapratively large, it shall not be manipulated. Best strategy is to sell on opening, whatever the rate, otherwise you might be in haevy loss. ALL ARE EXPECTING PREMIUM ON SELLING BUT MY DEAR WHO WILL BUY!!!. EVEN PROMOTERS/ THEIR HAND IN GLOVE BROKERS SHALL BE SELLING !!!. THIS IS ANOTHER JUNK IPO SUCH AS SUDAR NAD FINOTEX CHEMICALS.
This is not coal india that you will get 20000-25000 rs profit. Get out of it as soon as the mkt opens otherwise it will become your portfolio stock :-)
THIS COMPANY WILL BE AVAILABLE AT HALF ITS ISSUE PRICE WITHIN A WEEK OF LISTING. MARK MY WORDS. IT WAS AL LARGE ISSUE OF 170 CRORE AND CANNOT BE MANIPULATED TOO. THOSE WHO CAN EXIT N 1 -2 MINUES OF LISTING EVEN AT SAMLL LOSS IF GIVEN CHANCE WILL BE LUCKY ELSE WAIT FOR IT TO SEE IT AT 45 RS AFTER 1 WEEK.
get out quickly before it goes into negative. Even omkar listed with premium of 7 Rs before it was 20 Rs down within minutes of listing. Be careful. Get out at 9:15 sharp.