WE ARE ALL EDUCATED PERSON, WE VERY WELL KNOW HOW TO BEHAVE OTHER PERSON, THIS IS MY HUMBLE REQUEST TO ALL THE BORDERS PLEASE STOP CRITISING AND ABUSING EACH OTHER,IF YOU LIKE ANY BODIES VIEW APPRICIATE IT , IF YOU DO NOT LIKE THAN PLEASE DO NOT CRITISIZE, LET IT PASS, WE ARE HERE TO EARN MONEY NOT TO FIGHT EACH OTHER, BE A GOOD PERON, AND SHOW THIS BORDER THAT WE ARE WELL BEHAVED INDIAN AND INDIAN ALWAYS RESPECT OTHERS .WE HAVE PROUD TO BE INDIAN CPB
Sad thing, sharekhan is not showing tirupathi, congrats for all those who have been alloted and in profit.
298. aRYANrAJ| Link| Bookmark|
October 1, 2010 10:20:17 AM
Top Contributor (600+ Posts, 100+ Likes)
No. Don't make a fresh buy. It's up cos it was not available in printed paper form and with many brokers so people who got shares are enjoying scarcity premium of getting spplied and gmp operators are running stock as of now.
It's fair value is still 35-40 which it'll come. don't bet on statta stock may it go to 100 also cos when it'll come down you won't get chance to get rid of it.
hey Aryan....I dnt hv these shares...shud I buy them nw...for intraday
296. aRYANrAJ| Link| Bookmark|
October 1, 2010 10:14:14 AM
Top Contributor (600+ Posts, 100+ Likes)
daman make your capital reserve by selling shares amounted to your total buying. it's on 33% high so if you got 100 shares at 43 you can sell 76 shares and keep 24 for future.
As far as grey market is concerned, the rates has shot up from 8.5 to 12.5 in the last 4-5 days. looking at the overall subscription figures, grey market shorts by applicants/hnis, and very less open retail quantity left with the retail public (because as per ordinary retail public it was an avoid ipo)and very small ipo size, this scrip is surely going to list way above 55 (i.e. grey market price).
Investors should not consider this as a long term scrip but they can hold it for short to medium term as due to small size and extraordinary short positions in grey markets, this will not only list good but also make new highs for a considerable period of time.
so dont sell all ur quantity on listing. wait for few hours to get the best price. and if possibl hold 50% quantity for at least 5-7 days.
this is a speculative but multibagger scrip for sure. will generate extraordinary returns for short term investors. HOWEVER LONG TERM MAY NOT BE THAT GOOD BUT THIS WILL BE A TRADERS DARLING IN THE NEXT FEW DAYS.
TOTAL ISSUE SIZE WAS JUST RS. 40 CRORES AND RETAIL QUOTA WAS JUST RS. 14 CRORES ONLY.