This was probably one of the rare IPOs where the views of the members were divided. Those who applied were extremely bullish, few who avoided were bearish and some of us were in neutral mode. But one thing again proven is, nothing can beat liquidity (be it sell side or buy side).
Now, off to Waree where I guess all the members would be unanimously positive.
2232.1. SOAM| Link| Bookmark|
October 22, 2024 11:45:35 AM
Top Contributor (900+ Posts, 100+ Likes)
Yup, let's move on to Waaree...
2231. ipobull| Link| Bookmark|
October 22, 2024 11:45:00 AM
IPO Guru (1000+ Posts, 1000+ Likes)
People should understan d that GMP shown by majority of websites are false ones just to make us crazy and keep their websites warm. The best example is Northern Arc. Chittorgarh site showed a GMP of 131 and estimated listing price of 394 on the day of listing. But presently, it is at 243 below its IPO price of 263 inspite of pretty good results. So, all this is hoax like bomb threat hoax calls in Airlines. Just ignore the GMP shown by Chittorgarh or other sites. Let the stocks list and purchase only after 1-2 weeks. This is an advise by an experience campaigner like me.
Discount listing was expected for a Terrorist Funding IPO
2227. SOAM| Link| Bookmark|
October 22, 2024 11:33:51 AM
Top Contributor (900+ Posts, 100+ Likes)
Wake Up & Smell the coffee folks. All those conspiracy thoeries of who's gonna sell when all stocks are corned by institutions, brand value, etc etc. are turning out to be bullshit.
didn't expected it will start falling so soon even after flat/discount listing. And why todays orders and modifications were allowed till 9:45 ? its supposed to be closed by 9:35 am