a few on here seem to have put in a lot of thought prior to applying for their chunk of shit I mean isn''t it great to watch the long term investors with solid investment arguments discussing strategies to sell at the pre open price? makes me wanna wonder what long term investment really is.hold until one isnt allowed to sell? tee-hee!!
1203. MickeyP| Link| Bookmark|
October 25, 2017 10:52:05 AM
(300+ Posts, 500+ Likes)
All the best to all the people who got allotment in the GIC IPO!
As communicated earlier, Initial listing is below issue price. It is time for everyone to decide their own stop loss and also exit point. Preserve your capital at this point and try to exit at nominal profit (hope it comes).
Expect much higher first day volatility. Be prepare to take advantage of that.
1186.2. P M| Link| Bookmark|
October 25, 2017 10:26:10 AM
(1100+ Posts, 1100+ Likes)
yes, till 9.44am you can put sell order @912 (anywhere between 684 - 1596) even your sell price is 912 & final open price will be above 912 eg. 925, your sell order will be executed @925
1185. P M| Link| Bookmark|
October 25, 2017 9:46:27 AM
(1100+ Posts, 1100+ Likes)
who want to sell above issue & @ pre-open price, just place sell order @912 order will be executed @ pre-open final price (if above or @912) eg. if pre-open price settles @925, order will be executed @927..
who want to buy @pre-open price, place & update buy order @high price range eg. currently high price range is 1094.40, place order @ 1094.40, when high price range changes modify buy order @ updated high range price before 9.44am (better 9.40)
1185.1. P M| Link| Bookmark|
October 25, 2017 9:47:34 AM
(1100+ Posts, 1100+ Likes)
correction: eg. if pre-open price settles @925, order will be executed @925..
1185.2. P M| Link| Bookmark|
October 25, 2017 10:36:53 AM
(1100+ Posts, 1100+ Likes)
Pre-open order execution If sell price less than final price, sell order executed* @final price if buy price more than final price, buy order executed* @final price
*order execution depends on available qty for buy / sell