AIK Pipes And Polymers Limited IPO Message Board (Page 1)

​@GrayIsTheNewBlack holding, but will observe volumes. Has hit UC but with very low volumes, so might break out of UC anytime. Will observe today - many SME stocks are hitting UCs regularly post listing.

I had a lot but decided to not sell as there was a big buyer at 100 who was not letting price reduce...so, took a gamble and eventually sold at 103.9
Could have kept for a couple of days as I think it will not hit uc's for atleast couple of days but chickened out.
What is your views?

​@rohiitian , in general how do you plan to mitigate the risk of back to back LC's post listing ?
I mean there are many examples where a company lists well but at 10 am hits LC which continues for few days eating away good chunk of listing gains.
Well sometimes inverse may also happen where in a company hits back to UC's post listing.
But - I feel holding an SME beyond 9.45 am is too riskier game for a listing gain player like me.

​@GrayIsTheNewBlack Yes it works both ways. Deepak Chem was an example from recent days which was heavily subscribed. I take a call based on whether I feel the listing gain is justified or not. AIK is undervalued at 12% pop in my view, so I held. If it had listed at 30-35% gain I would have exited at pre-open for sure. If it does hit UC, you can observe volumes and decide when to exit.

Also, in general many recent IPOs are listing lower than expectations, and then climbing later, so I took a chance with AIK also. I think a good chunk of my recent SME listing gains are coming because of back to back UC (Amic, Supreme, Siyaram, Eforce, Shree).

One click is another example which listed at 40% pop but went back to back LCs.. i had hold that
Vishnu Surya listed at 78 (15% listing pop) and I decided to sell at 945 but weny crazy up after that. At 430 right now.
Anything beyond 9:45 is a risk game and go any direction i feel

Also thanks both @rohiitian  And @GrayIsTheNewBlack  For your views..
#continuousLearning

Tom listing.....

​@Coolinvestor , listing symbol is AIK.
Listing date - 2nd Jan, 2024

SYMBOL -AIKPIPES