@rohiitian Requesting you to answer this, pls
This is specifically not for Premier, but for also other futuristic stocks belonging to the trending sectors like solar, AI, etc
Let's say you get an allottment ( which you have ;) ) so do you sell the shares even if they reach fair valuations or trade above fair valuations.
Isn't there always a fear that you knew the company is in a superb sector and will potentially outperform and grow in future, yet you sold considering valuations at par/expensive, and the share doesn't show a dip at all (unreasonable, yet there is always a probability that one may miss buying during consolidation,if any)
Personally, I see no reasons to sell, given the low cost and downside protected, but would like to know your viewpoints on exit strategy, given IPO allotments of a extremely good company.
Kindly do not take this question as exclusively for Premier, but for any company in an emerging hot sector