PG Electroplast Limited IPO Message Board (Page 1)

THE PROMOTERS OF THE COMPANY ARE GREAT CHEATERS. THEY HAVE CHEATED PUBLIC EARLIER ALSO BY FLOATING A COMPANY AND CLOSED IT DOWN. THE TRACK RECORD OF THE COMPANY IS NOT GOOD. THE SHARE PRICE WILL GO DOWN TO 20 IN NEAR FUTURE AND WILL NEVER REACH AGAIN ITS ISSUE PRICE OF 58. IT IS BETTER TO EXIT AT RS 35-36. BEAR THE LOSS SHARE HOLDERS. GOOD NEWS IS THAT SEBI HAS INITIATED ENQUIRY AGAINST COMPANIES WHOSE SHARE PRICES NOSEDIVE AFTER ITS LAUNCH. BUT SRS PARIVAR WIL MANAGE THE SEBI EVEN.........CHEATER COMPANY....BEWARE....!!!!!

oprator has blessing hand of s e b i so he is manipulating and retailor are looted.

sh &

Dilip Davda

Short sellers can make a huge loss only when the stock goes to upper circuit where you find only buyers with no sellers. Since there will be no sellers as such a person hoding short positions will not be able to buy & square up the position & all his holding will go for auction. No brokerage house is allowing to carry over the short positions to next day.

@131. CLD Thanks for the info.

@124. Dilip Davda Sep 28, 2011 8:57:08 PM IST
Is this correct??? -> "...all shortsellers paid hefty penalty for blunder"
Can Dilip or someone explain the above comment from post# 124.

sh

In a situation in which a stock has gone to lower circuit, there will be huge volumes on sell side with no buyers although buyers will get that stock at lower rates. All orders on buy side will get executed till there are no sellers. Traders with short intraday positions will never find problem in buying the stock for square off the positions till the trend reverses & the stock goes to upper circuit when there will be no sellers. However there is practically no chance for a stock to move from lower circuit to upper circuit on the same day.

Selva- U have also telling abt virtual trading , right ?

I think so

Selva

1. can i read yr 'dis' as 'did' ?
2. Are Haan, me to pura bhul gaya tha sq off karne keliye :) And also i will not sq it off, but why u did that ? It should be Buy and Forget :)

Whats the position in recent IPOs ?

Selva ji , S.K. Das ne to vertual trading kiya tha real nahi, just for example.be careful and think before trading.

Hi Skdash,
I dis square off my yester position of PKEL at opening price..loss of 80k :-(How about You!!did u square off ur position/still holding that?

see my yesterday night's comment

can anyone explain under what situation a buy order placed after a stock hits lower circuit is not filled? maybe i am wrong, but i was thinking there will be loads of sellers in this situation...hmm

I am asking this question as it appears from some of the comments that some shortsellers were unable to squareoff.

Operator's game seems to be over. Auction took place at Rs. 579 and all shortsellers paid hefty penalty for blunder

Tomorrow this will be open at lower circuit @ Rs.308

Hi Skdash,
Do You think it will reach lower circuit tomorrow itself!!!!!!if it ll open at lower circuit means what will be the expected price!

yh desh hai lootere operatoro ka

TOMORROW LOWER CIRCUIT
AT
09:15:02 A.M.
sure

SK Dash,
I have bought 1000 at 386.60.i thought it will move after that.but it does it..i could not sell that also..I am not sure at wat price it ll open for tommorw.it may open below 300 also :-( so am also in big loss

KKN

Morning it was 1% up, then when i saw it was +17%. I thought this trend will continue for 2-3 days atleast and bought* 1000 shares at 526 for long term and when i saw after launch it was in lower circuit (BSE) @ 395, loss of 130 per share. Since in lower curcuit, could not sell* it. I am expecting it to reach in lower curcuit for another 3-4 days so another 20 x 4 = 80% (Rs 320/ per share) fall

Cost = 5,20,000
Expected Sell Value = 75,000
Loss * = 4,45,000

Game over. Feeling sorry for those who fell for the bait.

Thanks for Your response sh..