Omkar Speciality Chemicals Ltd IPO Message Board (Page 6)

@613. Divyrajeshm: Will it bounce back and see 70+ level in 2-3 days? I am badly stucked or shud I exit at CMP tomorrow? WHich one I can buy to cover my 40% loss in Omkar. I had total capital of 12k which is hardly 8k+ now.

This is terible listing. I guess its worser than SGJL.

It has all probablity of becoming a penny stock in the very near future. so stupid..

Gane.

hi vijaychauhanguest

Sell as nobody tracks newly listed stocks after listing day.
It will still go down. I have also booked loss of 6500 Rs
on 281 shares.

I invested to cover my losses in secondary market. But this
has resulted in this giving me, even more loss. Better to invest
in mutual funds via SIP.

Even good stocks are falling in secondary market. No point in
holding on stocks like omkar. It will give you more sleepless nights.

I have 198 shares at IPO price of 98. What should I do now? Sell or buy at lower levels to average out so that can get out of this nonsense stock.

Can anybody please comment how far below Omkar can go in near term.

Chem cho

I havn't got any fund in my portfolio which is 5 year old. I started investing from Jan. 2007

However, my following funds have given me top retuns at the current maket level. Return rate given is per annum compounded yearly

HDFC top 200 >>>>> 14% (1Y) & 11% (3Y)
Fidelity equity >> 14% (1Y) & 07% (3Y)
UTI Opportunity >> 12% (1Y) & 08% (3Y)

Whoever have not sold, just hold.
Whatever worst have to be done, its already done.
Currently it is around 60.It may go till 55.
But already you are in 40 Rs loss per share. What change you will make losing another 5 Rs.
Just think, which share has given you now profit which you have brought one month back in secondary market. Answer is none. right?
It will not go to issue price in near time, but you will get a good possibility to minimize the losses.
I am having two fulls. Be brave and think positive if you want to be in market.

Ravi-599
how come u shorted at 74 ? Is it intraday or short selling (delivery) ? In my system, neither intraday nor short selling is possible and as per me also, intraday is nt allowed on the first day and short selling is not allowed when the stock is in red.

@599 - Ravi, Bangalore: I have Omkar at 67. Can I hold for target 74 or exit above 68. Will it see 70+ level at least or not.

@ Gane,

KK was in coimbatore two days before and we both had some good time over here and i think, he had not reached home (Madurai) still that's why no message from him...

Except Omkar, buy anything & hold till expiry. Probably we make profit. Nifty has taken serious support from 5196.

I exited at 84 & shorted at 74 for a target of 42,32 or even 22.

I believe still shorting opportunity exists in 64-68 level with a stop at 74.25. This is my personal opinion. Stop-loss level is wide as I am bullish about broad market till budget.

LARSEN TUBRO
AFTER COMMING TO LEVEL OF RS1461 LOW NOW IT HAS GIVEN BREAK OUT AND IS CURRENTLY UP BY .6% AT RS 1490 I FEEL AFTER LOW OF 5200 NIFTY MARKETS WILL RISE AND TODAY LILELY TO BE IN POSITIVE SIDE OF CLOSING

RS 65 TARGET AGHIVED AT 12.15 IN OMKAR IT WILL AGAIN TRADE IN 58 62 RANGE

Durai,

As far as I remember, he has applied 3 full applications. I hope he might have atleast exited partly at 80-90 range to reduce the loss. KK, where are you?

Gane.

ALL THE GUYS WHICH ARE MEMBER OF SEBI ARE CORRUPT &MAKING PUBLIC FOOL

CLD 584
PL LET ME KNOW THAT THE MUTUAL FUNDS YOU HAVE INVESTED IN LAST 5 YEARS HAS GIVEN 8% RETURN ON YEARLY BASIS

Omkar assault all ipo investers including me.

Hi Friends
Its a sad opening for Omkar. But now it is stable at 61 and may move up.If some operator play come it can go up to issue price in coming days but it is just an assumption. For today what is trading strategy??

Sam

hello, SJ, Sreedhar, and above all Ravi Banglore, thanks God the listing of Omkar Speciality tanks and all those who applied in these kinds of public issue punished severly.

I am contineously writing not to apply in these kinds of public issue just look at the fundamentals just pathetic and list of last 3 years shows that Bechara real genuine investor have lost crore and cores of rupees, I wonder who invest in these kinds of public issue I have seen in Economic times where basis of allotment of Omkar is published I am astonished to see nearly 24000 innocent foods invested their hard earned money in these kinds of public issue.

please join our hands and decide not to invest our hard earned money...........Sorry for the investor who invested in these kinds of stocks,bye

@ onlyipo,

IPO's are only suitable for listing gains...

Even it is good to see that atleast 20% of the issues were in positive...

It's really an tough skill to choose few good stocks from IPO's...