If Petroeuro (means Crude oil getting traded using EURO as the currency) comes into picture, the world economy will collapse....US will be poorer than Siberia...SENSEX/NIFTY may touch 0 levels...
On the Listing Day, there will be MILLIONS of Sellers and 1/4 will be Buyers who will put cheaper rate for buy orders... so the rate will come down to discount or max upto Rs.500/- and still there will be lots of sellers pending to sell their shares with no buyers available....
At least be thankful that all retail applicants have a maximum of 17 shares only.The investment is only Rs 430*17=7310 which is not a big thing.Even assuming that it loses Rs 100 on the opening day the loss is only Rs 1700.
This is hardly anything for someone who is in the stock market.When market is falling 2 or 3 % everyday, a person with even a small Rs 5 lakh portfolio holding is losing 10000 to 15000.or 25/30000 every week.If the holding is more than that then the loss is even higher.
Consider yourself lucky.
If they had not given you the option of part payment you would have been holding on to 4 times of 17 ie 68 or 70 shares.You would have been having really good losses on your hand.Also it is common to have 2/3/4/names in the same family applying to get more shares.In which case at Rs 100 per share loss it would have been sizeable.
Console yourself that you have donated to a bigger cause of making AnilBhai the richest Indian.
And will our friends stop worrying about the fate of their applications as though it is the only worthwhile thing in their lives now.
Forget RePL for now.Anyone trying to sell online will not be able to do so.All sites will be jammed with millions of sellers and by the time it opens on your desktop it will be minus Rs 100!!!
Tata....Bye Bye Reliance Power. See you in 2017 if you and we are still around licking our wounds!!!
Hope our "very well informed" IPO retail applicants have learnt a lesson from this greatest IPO on earth.
PLS IGNORE PEOPLE LIKE GUPTA, RUPTA, KIPTA, etc...We'll discuss on some hot topics like US Recession, Petrodollars, Petroeuro, etc...Are you interested?
If i m giving lecture then what u r doing "IN A BEAR MARKET, NOTHING WORKS...NO EPS, NO PE, NO BV, NO Order Book Value, NO EVS, ABSOLUTELY NOTHING...Better SELL EVERYTHING...INVEST IN FMP INSTRUMENTS... "
What a stupidd u r...
If every body will sell then there will be no word exist like share market in dictionary...
yes this is a bear mkt , long shorts has been built up in this market right now, and if the market is up for one day then its only a short covering nothing else.