Dear IPo aspirants commenting regarding fundamentals and the particular stock does not qualify for exiting price.on the IPo listing day there is no minimum and maximum or capping or support wil not be applicable.Why they dont put margin money and play short to earn money.
Dear all members, The discussions from both sreedhar and Ravi Bangalore are not available for the last 2 months. What happened.Are they quit IPO market or some thing else. On the day an IPO which made 200% high and 74% high (very very rare occasions)no comments properly from anybody. This is actual Deevali.
Somebody still says,it is a dustbin stock .Why so,the currency given by your broker due to profit earned through this is not valid or not. Please avoid to try to defend the fault for not identifying the trend of the script.(I am requesting all to take sportive and acept failure)One need not act. The market is on.
Rushil, birla medsap kind of isssues are not to make money, they are to kill the investors
86. SkDash| Link| Bookmark|
July 8, 2011 9:28:21 AM
Top Contributor (1000+ Posts, 200+ Likes)
Amit- it was not intraday. i had position from ipo and i sold that. but i tried and it is very much possible to buy and sell on the same day, but u hv to buy and sell on delivery segment (in this case ur brokerage will be as per intraday only-my broker- karvy, dont know about others) as intraday is not allowed on the 1st day
Gane, I remember the old lessons learned. Rushil will definitely open gap up at least by 5%. Then what will happen I don't know. Sreedhar used to say any IPO that closes strongly will open at least 5% gap up the next day and we can use this to sell part of our holdings - of course, if we had held.
Gane, I sold 461 of the allotted shares at an average price of 82 and the remaining 100 at 84.50 in an account in icicidirect. As I found it very difficult to open the site and do trading fast, I closed that position and then bought 200 shares at an average price of 81.50 from the Karvy account and sold them starting from 94.90 to 121.60. It was a good day overall, though I lost some money buying Birla Pacific after it went up considerably.
IN SMALL IPOS LIKE RUSHIL-BIRLA MEDSPA ONLY SPECULATORS GET BENEFIT. GENERAL PUBLIC-SMALL INVESTORS ALWAYS LOOSE.IF YOU SUBSCRIBE,BUY,SELL YOU WILL HAVE TO BOOK LOSS. THE OVERALL GAME REMAINS IN THE HANDS OF BIG SPECULATORS. GENERAL PUBLIC MUST KEEP AWAY FROM THIS TYPE OF ISSUES.
80. SkDash| Link| Bookmark|
July 7, 2011 3:37:44 PM
Top Contributor (1000+ Posts, 200+ Likes)
Sameer-
Hm, me too at av 82.60. Now its up 47% and Birla 167%. Feeling uncomfortable for this. Still, i dont want to enter into speculation and lose what i gained. i am cheering up the race and will also cheer the reverse race.
Birla and Rushil are inviting me to enter and once i ll enter, it will crash. but i will not enter even if it crosses 500% :)
Rushil crosses 100. This morning I thought of doing intraday. But it did not move that much in the opening. SO I left it as it is. Why did you exit at 82?
As I am finding it very difficult to open icicidirect site to sell, I have sold out the remaining 100 at 84.50. If it goes down I will buy some with a stop loss of 74.50, which is the listing price.
76. SkDash| Link| Bookmark|
July 7, 2011 11:34:23 AM
Top Contributor (1000+ Posts, 200+ Likes)
KKN-so 4610 for shopping :) hm I have some urgent work to attend, so closed position at 84.1.