If you are still holding then do not worry. All big hands are accumulating it in bulk. You can check in bulk deal. Also, if you see volume chart you will find that trading is happening in chunks unlike SPECTSTM where 1 -2 lots are being traded, which means week hands are accumulating by seeing lower price. #MyObservation
Sold alloted lot in pre open. These type of IPO should be sold in pre open only.
48. lokes| Link| Bookmark|
June 23, 2023 12:39:54 PM
IPO Guru (4400+ Posts, 5100+ Likes)
i hope whoever applied/allotted exited in preopen here and saved from LC ....if someone is daring to apply in such companies then better try to exit in preopen mostly taking whatever small profit/loss....
I avoided. Looks very risky.. Even cosmic also.. comes with many negative points. There are many other opportunities in IPO and secondary market.. why to take unnecessary risk. Already saw the condition of kore.. going down below issue price and it's GMP was around 30%. It's all manipulated.
If operators want they can make cosmic and biotic fly.. despites of too many bad marks.
Iss IPO ki bhi nayya par ho gayee(Jai ho bull market). Look at the wealth destroyers this LM has listed: 1.Bhatia Colour 40% down from IPO price 2. Global Longlife 70% down from IPO price 3. Rachana Infra Pump and Dump 4. Dipna Pharma 50% down from IPO price 5.Pace Ecommerce 80% down from IPO price 6. Patron Exim 40% down from IPO price 7 Prospect Commodities 20% up from IPO price 8. Sahana System Joint LM with Unistone so no credits here. This LM gets the trophy for destroying the most wealth!!!
1.Bhatia colour was pumped from 40 to 80+ few days back and then dumped back to 50. 2.Pace ecommerce was pumped with lot of social media marketing and ecommerce in its name to mislead. Thereafter dumped. 3. Rachana infra also same story to trap. Without anything fundamentally changing in these companies, the price rise holds no meaning. Rather it is a trap laid to lure retailers. Remember operator decides share, price and time to dump. Retailers end up holding the garbage as a hope trade after operator,promotors and LM nexus have squeezed all juice out of it!!
Many SMEs are coming from Gujarat. The contribution of Gujarat is also great. But today Gujarat is passing through a great crises. The cyclone. Kutch is the most sufferer. Today also Kutch is facing such a great disaster. In 1998, when cyclone hit Kutch I was posted in Bhuj. Till today I am feeling that pain. 25 years of pain. Now I can feel the trouble of Kutch from distance. I pray God to help the people of Kutch and whole Gujarat as well. Sorry for out of topic message.
37. sahab| Link| Bookmark|
June 15, 2023 5:06:45 PM
IPO Guru (1100+ Posts, 600+ Likes)