I suppose all those who had applied anticipating listing gains have made a killing. There should be some fundas in whatever company you apply. And this company had all of them in abundance including promoters excellent track record.
dear members, Thumb rule still working Below issue price .short.I exited at Rs 75 of my holding of 374 and waiting for futher apportunity,What about your self anybody shorted below issue price
Dear members , I am bulish on listing of this issue at present 9:10 hrs ,
I request all members expressed their views to do either long or short sell accordingly atleast 1 share to feel responsibility and accountability of their posting.This will definately useful in posting next comment
If it opens below the issue price I will short. If it opens above and stays for a while I will buy with a stop loss a little below the issue price. I will put a wide stop loss band as it may skip a narrow band on its way down.
The correct opening for such a dud issue should be at a huge discount. Yet there are people who will be buying at a premium to offer price in the hope that they can benefit in the IPO mad roulette.They buy thinking that a bigger fool is round the corner.Some one is going to be stuck with this good for nothing issue.
The big question is who will it be???
All the best to them.
Bharatiya Global: An IPO you SHOULDN'T subscribe to:-
SK Dash, Don't cheat urself by historical data. Picture is not looking bright so far. Had I been in ur place I would have exited at whatever I get above issue price or even at par.
Dear SKDash, I will take a call only in the morning.Once a pattern is known in the first few minutes I will decide what to do
102. SkDash| Link| Bookmark|
July 27, 2011 4:45:28 PM
Top Contributor (1000+ Posts, 200+ Likes)
Sameer/Sreedhar/KKN-Dont short. First buy heavily upto first 5-10 min, let the share go up by 5-10% at least. Then i will sell my holdings. Then u can short :) Ok------pl
dear my my what you mean by gmp buyer i from 2 rupee dicount , is it in discount or came again in green for 1rupee positive kindly informif you can help.