on NSE the auction of 2cr shares was founf buyers at 11.95 which was the cmp so even if those who sold on friday didnt have any loss. and hopefully after today's results the others who waited for a "proper listing" will also make some money.
689. Black Swan| Link| Bookmark|
July 28, 2020 2:27:28 PM
Top Contributor (300+ Posts, 400+ Likes)
I am not sure why people are complaining about being taken for a ride. Based on current Yes Bank price of 11.75 odd it is barely any loss. No one forced you to apply for any IPO its was your individual decision so be a sport and move on.
Don't buy and don't sell today is result and nobody predict that result will good or bad still you hold then one should sell half quantities whatever price is suitable today suno sab ki karo mann ki
Boarders are fighting about if more LCs will happen or not and who is bullish who is bearish, whether accumulation happening or not, who is expert who is not and so on so forth. But the fact of the matter is
1. There is no easy money. 2. People who wanted to earn money by NOT NORMAL means...earned money by deliberately making other people stuck with shares which they may need to hold much longer than they did not intend to hold at the time of purchase. 3. People at this stage are stuck and not knowing what to do and asking for the help from the very same people who may have already earned money by duping others. 4. No body can say what they should do at this stage....everyone individual needs to decide that based on their risk profile and also liquidity position. 5. It is possible that Yes Bank was made to move out of LC so that more and more retail investors are trapped before it moves to LC again or there is also possibility of accumulation by some big bull. One should transact only on your own risk not on tips by someone else. IT IS YOUR MONEY. 5. More LC or for that matter UC may happen but doesn't matter as now Yes Bank FPO is any other low quality trading stock and should be treated like that. Trade or not at your own risk. 6. Newcomers need to understand that NONE OF US ARE HERE ONLY TO MAKE YOU EARN QUICK MONEY. All of us are here to earn money for ourselves.
So it pays to be cautious always especially in current circumstances.
i sold shares on friday and my fpo shares have been already delivered by my broker, so the chapter ends. got a cool 60000 on my 30000 shares. no risk no gain,
No one will be penalised nothing will happen. Someone has complained and SEBI has told we will look into it. It is not easy for them to find them all (maybe they will catch few big brokers). Also the customers can't be blamed as it will be the brokers and system fault. They wanted to short it and they did giving delivery as per SEBI guidelines T+2
Yes Bank one lot shares credited in Demat Account. But neither money debited from PNB account nor there is any lien. Full balance "Available". Fail to understand "Catch".
680. CHD| Link| Bookmark|
July 28, 2020 9:36:13 AM
(1100+ Posts, 500+ Likes)
...time to accumulate , perhaps .....?
679. CHD| Link| Bookmark|
July 28, 2020 9:21:01 AM
(1100+ Posts, 500+ Likes)
Over 20 cr shares change hands in just 5 mins of opening today ...what a ferocity ....!
679.1. CHD| Link| Bookmark|
July 28, 2020 9:35:20 AM
(1100+ Posts, 500+ Likes)
Cautious ipo and others. You can continue to dream of lower circuits. See the ferocity at which the lower circuit was broken. Bought good amount of shares at lower circuit today.
Likely to see lower circuit continue till 5/6 rs...
676. CSK| Link| Bookmark|
July 28, 2020 8:40:54 AM
Top Contributor (300+ Posts, 500 Likes)
Bank already got sufficient capital for his business survival for the next 2 years. Most of the Bad news already factored in the stock. I checked the delivery data in NSE 99.8% Shares taken delivery. Big bull accumulating all retail shares. I won't sell any shares, instead of I will buy more shares if it falls below 11. Disclosure: I am having 25k shares for Yes bank
Won't comment on other things you have said because it is not worth commenting until seeing results of at least 2 quarters.
Regarding delivery, think about it for a minute. The stock is locked in LC, and anyone buying will have no chance to sell because there are already people in queue to sell. So obviously those who bought will be shown as delivery orders.