746. ColdBurger| Link| Bookmark|
January 16, 2021 11:34:22 AM
IPO Mentor (1400+ Posts, 400+ Likes)
Experts can you see more downside to this stock? One anchor investor exited fully so I too exited with 34% loss @145. May enter if it goes 110-120 level which will happen if any more anchor investor exit. One thing is puzzling, this stock is not affected by market trend! What to read? Are operators managing counter??
Burger I will see Results for December quarter and Will Buy at 155-65 levels
743. ipobull| Link| Bookmark|
December 31, 2020 11:29:41 PM
IPO Guru (1000+ Posts, 1000+ Likes)
One has to wait pretty long till the Burger King declares positive results. We do not know how long it will take. Thatswhy I exited at 192. Better you play some other good profit making story like Mrs Bectors, the largest subscribed one of 2020 or any buy-back candidate like NIIT or HPCL.
Can Anyone help me here..! I was planning to buy BK shares in dips but someone told me that you can't buy or sell shares when it hits LC or else you'll be charged with penalty.
My advice let settle the stock for few weeks. My estimate is for 120 approx till March before fresh earning data is shared. The sunami has passed so don't worry, no such huge up move expected for 3 months It shall play 120-140 range. Just pray that large investor not dump much like ke Thursday. Expecting 10% LC tomorrow. Right now stock holding ratio data is not clear and that is vital for stock stability. Once FI enter the scrip then it can see green again.
My personal advice. From your question it seems you are new comer in market. Don't rely on others. If you really want to earn in stock market then learn basics. Stock market is not easy money making field. You'll earn sometimes and at the end it will wiped out your profit + capital. For your question, you can buy anything in stock market until seller is available. Thank you.
"When the market reopened trades in Burger King stock at 2 pm, Business Insider learns that 15 million shares were dumped at once in the market and there were not enough buyers for that kind of volume."
This is what read reason behind UC to LC in 10 minute and large investor had might have done this. Now I am in search of gyan about how operaters spoil the game.
Operators does know that 3 continues upper circuit of 20% enough for sebi to order trade to trade of 5% for any loss making company...so they dumped timely and exit at upper circuit of 10% trapping poor retailers
True Amitji. Plenty of new faces are surfacing and advices are coming out.. Even if someone wants to invest in BK, better to wait for a month for price stabilisation and Q3 results..
When the market reopened trades in Burger King stock at 2 pm, Business Insider learns that 15 million shares were dumped at once in the market and there were not enough buyers for that kind of volume. --- Courtesy business insider
732. ColdBurger| Link| Bookmark|
December 20, 2020 1:54:39 AM
IPO Mentor (1400+ Posts, 400+ Likes)
I have few questions as I learn about stock market. Hope experts can spare some time answering.
On 17 Dec nse/bse combined there were almost 1 crore qty order approx at UC price level. It was almost same till 12:45 as my order executed at 12:47 @bse. Even that time NSE had UC locked and bse to went to UC for sometime after my order passed and I stopped tracking and went about my office work.
Now my questions: 1) Were all 1 crore order passed that day ? Then there would be large number of people suffering like me. 2) Or those order were cancelled abruptly, that can be done by big hands only at moment's notice. 3) If the traded qty was high and retail investors were not much in play meaning big hands were deliberately buying and selling at UC just to give false impression of UC, but why will they do if they are not making money?
My question may not be correct, bottom line is I want to lean how operators manipulate stock and what was the case of BK on 17th. If delivery qty was high then it has burnt big holes to whoever bought it
Based on data from trendlyne.com: On 17th the traded volume 35697.2k, delivery volume 17263.6k and delivery was48.4%. On 18th traded volume 5388.0k, delivery volume 3352.2k and delivery was 62.2%. Traded volume reduced by 80% but delivery has increased significantly.
What all this means? Which direction the stock is going? Less trade means people are holding shares to sell on higher price?