Dear Dinesh singh & other friends,
There is nothing to do in PFC hence I did not post my comments.What should I say,should I have asked all the boarders to short sell for auction?Should I give comments based on rumors i e shares will be credited today,tmrw,todayevening,today midnight etc without knowing actually when they will be credited???
Then what is the purpose in posting hold onto the shares & sell at whatever rate you get.
Somebody was saying star contributors were active in stock message board ,If any body cared to see my message they would have been safe till now.
25. Sreedhar May 20, 2011 11:33:00 PM IST | Reply | I Like It. Like | Report Abuse
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pfc
I will buy pfc on monday at around 205 in big quantity.
25.1. vas nat May 20, 2011 11:52:49 PM IST | I Like It. Like | Report Abuse
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pfc
Sreedhar - You expect PFC to reach 205 on Monday?
25.2. Gane May 21, 2011 12:14:47 AM IST | I Like It. Like | Report Abuse
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pfc
Sreedhar,
Is that mean, the price of pfc will go up from 205?
Gane.
25.5. Sreedhar May 21, 2011 7:01:59 PM IST | I Like It. Like | Report Abuse
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it may even come to 203-204.205 im pretty confident .
25.7. Sreedhar May 21, 2011 11:04:25 PM IST | I Like It. Like | Report Abuse
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pfc
210 should be my target
****###The above comments I indicated when Friday closing rate was 213***###
750.1. Sreedhar May 23, 2011 10:29:29 AM IST | I Like It. Like | Report Abuse
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Power Finance Corporation Ltd
Scorzeny,
I expect it to touch maybe 210-213 zone today.
****####It went to 213 & stayed in that range what I predicted in the morning***####
759. Sreedhar May 23, 2011 4:54:31 PM IST | Reply | I Like It. Like (3) | Report Abuse
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Given self discount in PFC
Friends I have given myself a discount of 3.25 percent today in PFC in addition to the 5 percent govt discount.I had bought same amount of shares as I will be alloted in FPO.Gained 6.5 Rs.
As told long back to Natarajan at the time of NMDC FPO these FPOs are my best method to earn some bucks.I generally trade 4-5 times in a single FPO which is equivalent to applying 5 quality IPOs.
759.1. Gane May 23, 2011 5:06:02 PM IST | I Like It. Like | Report Abuse
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Given self discount in PFC
Sreedhar, Should we get the same oppurtunity tomorrow also?
Gane.
759.2. Sreedhar May 23, 2011 5:21:29 PM IST | I Like It. Like | Report Abuse
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Given self discount in PFC
Gane,Tomorrow is a no trade zone becos tomorrow If I get even 206-207 I will be selling my IPO allotment shares.Starting from 206-207 ONWARDS I will go on selling the shares which are expected to be alloted .For every rise I will sell.I have got some applications so I will think accordingly.Today & yesterday were the only 2 days in a FPO in which you can do today's type of trade.From tomorrow onwards it is a simple case of demand supply.
*****####PFC opened around 206.5 the next day & I shorted the shares equivalent to my application & covered at around 201****####
With these two trades & earlier trades like buying at the low point on price discovery day,selling after I predicted it will cross 220 etc I have given myself sufficient cover.I do not care now at what price it will list .So instead of demanding where are the star contributors try to trade as I say.