What is d basis of allotment for GGPL. I applied for 1040 shares but allotment is nil whereas some people have got 130 shares against 130 applied.Please let me know.
You are rite. There is no point replying to sick people like these. Better ignore and post healthy discussion and info silently.
I control myself a lot now but i just wanted to clear my stance that i am not saying price will be this or that coz i am not looking for listing gains.
I am just giving strategy for long term and short term investors and hence that sick guy thought of challenging me.
Better to keep mouth shut next time i guess instead of replying.
Dear SJ, I would have been happy if you had ignored the remarks of 1139 Satish and had not replied. People can have healthy arguments but should not challenge. But the punch you gave in the last line (GET WELL SOON..!!) made me happier as sick people like him deserve it.
First of all i have maintained my stance that this is for long term investors.
In fact people shoud subscribe in ipos that are of good quality for long term only.
I have no problems with people who apply for listing gains.
If they research well and apply they could get good listing gains.
But Gujarat Pipavav is a long term turnaround contrarian bet.
I have also guided people on this board about my stnce for listing day gains. If it is above 60 sell coz fundamentals wil not justify.
If manipulated by operators may go to 90 also as rumors re floating. So risky traders can buy it above 65 but should only keep 1/3 rd of their invetment for that possibility and sell the rest above 60.
If it fails to cross 55 plz sell. Still one cn get 10% listing gains
There is also a possibility that it may not give listing gains like Pipavav shipyard.
So i have never mentioned price targets. I have only given strategy.
So your premise of challenging does not hold water.
And i dont post here to chellenge people. I just post here and on other blogs like twitter and others coz i like blogging.
So you may like to challebge people without understanding what they said to gain attention.
Plz go ahead and shout on listing day also. Coz i will be busy in punching grey market trades for my clients.
i have applied for GPPL @ higher band i.e 48. but in sharekhan account the application is showing 0, but exchange no has some value. can any body knows what does it means ?
As i already mentioned strategy on gujarat pipavav
For short term people looking for listing gains sell anything above 60.
Now there are rumors of 90+ in 2-3 days even i have heard rumors.
But that is not fundamentally supportive
Ill tell you what...sell 2/3d above 60 and keep the rest and take some risk on that. There will be only loss of further profits.
Personally I will do intraday by bying it if it goes above 65-68 convincingly on volumes for target of 75 or even 80.
Else i will short if it fails to cross 60-65 levels.
By the way 60 is also optimistic currently...for a company that has yet to prove...more of a long term contra play...may be promoters reputation may take it to 60 or operators may take it to 90 even. Who knows...?
So for more risky short term guys sell 2/3ds above 60 and wait for activity as discussed above to hold or sell the 1/3rd.