Acropetal Technologies Ltd IPO Message Board (Page 2)

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newtrader
258. newtrader  Mar 10, 2011 15:20
@SKDash, I bought from market for Rs 115, total qty 550. Wats ur suggestion? can i sell it for loss or hold it? Because now its value becoms 96.8 Rupees/share
SkDash
257. SkDash  Mar 10, 2011 14:46
IPO Mentor IPO Mentor (600+ Posts)
258-new trader- we have not seen any free negative flow in Acropetal during the day. There was heavy support and at the closing it is in the green zone also. Fundamentally also it is an average co and there was alround subscription from all - QIB, NII and RII. So as per me- it may go up during 1-2-3 days. Are u holding at IPO price or bought from the mkt ?
newtrader
256. newtrader  Mar 10, 2011 14:42
@SKDash, will Acropetal bounce back to 115 or 120? is there any chance atleast for rupees 110?
Ravi, Bangalore
255. Ravi, Bangalore  Mar 10, 2011 14:36
Top Contributor Top Contributor (300+ Posts)
256. SkDash

OK. I'll send you Dharwad Mishra Peda.

Dharwad is a place & Peda is a cake.
newtrader
254. newtrader  Mar 10, 2011 14:35
@SK Dash, will Acropetal bounce back to 115 or 120? is there any chance atleast for rupees 110?
SkDash
253. SkDash  Mar 10, 2011 14:28
IPO Mentor IPO Mentor (600+ Posts)
KK Sir- How come such a small qnty. Have u got anything in IPO ?
SkDash
252. SkDash  Mar 10, 2011 14:23
IPO Mentor IPO Mentor (600+ Posts)
Ravi-254- ur profit = 1785*(121-90)=55000 (against inv 1285*90=115650--(around 50%). we all need a Party
KK Natarajan
251. KK Natarajan  Mar 10, 2011 14:16
IPO Mentor IPO Mentor (500+ Posts)
IT BEHAVED LIKE ACROPETAL FOR SOMETIME AND THEN BECAME BASIPETAL. I BOUGHT 50 AT 120, SOLD 25 AT 130 AND FOR THE REMAINING 25, STOP LOSS TRIGGERED AT 117.
Ravi, Bangalore
250. Ravi, Bangalore  Mar 10, 2011 14:06
Top Contributor Top Contributor (300+ Posts)
253. SkDash

Sold 1785 @ 121 (IPO allotment). Not shorted.
SkDash
249. SkDash  Mar 10, 2011 13:43
IPO Mentor IPO Mentor (600+ Posts)
Ravi-closed my short position at 100.50 (sold 119.50). Had fear to wait till last moment. What was yr strategy today and whats the position as of now- can u pl share
newtrader
248. newtrader  Mar 10, 2011 12:21
@Sreedhar, will it bounce back to 115 or 120?
Sreedhar
247. Sreedhar  Mar 10, 2011 12:01
IPO Mentor IPO Mentor (900+ Posts)
Those who have bought in the market today will suffer a great deal.It was not anybody's business to enter this stock & buy at 130 .
Ravi, Bangalore
246. Ravi, Bangalore  Mar 10, 2011 11:31
Top Contributor Top Contributor (300+ Posts)
248. SkDash

Shorting at current level risky. It is buy on dips now.

I would like to buy at 83, 64 in two instalments for a target of 110.
newtrader
245. newtrader  Mar 10, 2011 11:21
Hi Sreedhar,
will Acropetal reach 120? if so how long should i wait?
SkDash
244. SkDash  Mar 10, 2011 10:34
IPO Mentor IPO Mentor (600+ Posts)
Ravi-B'lore- R u thinking that it will go to 99, 72, 50 and then will come to 110 ? I have a short position at 119
SkDash
243. SkDash  Mar 10, 2011 10:01
IPO Mentor IPO Mentor (600+ Posts)
Sreedhar- I hv shorted some shares at 119 and cmp at present is 101. what will b ur suggestion whether to book profit or wait- just suggestion (risk appetite-moderate)
Ravi, Bangalore
242. Ravi, Bangalore  Mar 10, 2011 09:59
Top Contributor Top Contributor (300+ Posts)
243. SkDash

Acropetal 103

It has listed as expected (my post in 'Recommendation' Section).

Buy in three instalments at 99, 72 or below 52 in three instalments. Target 110 (intra-day).

Acropetal Technologies doesn't pay any taxes.

One needs to careful about this firm as they can report any profit figure that they want, without increasing their tax liability.

This company is on my way to my office. My friend who is employee says they are doing good project. I don't invest but trade.
Sreedhar
241. Sreedhar  Mar 10, 2011 09:54
IPO Mentor IPO Mentor (900+ Posts)
Acropetal got a real pasting just now falling from 135 to 110 in a matter of couple of minutes.
pakka hindustani
240. pakka hindustani  Mar 10, 2011 09:18
229 IPO finder

You were so right in your prediction. Congrats!!!
SkDash
239. SkDash  Mar 10, 2011 09:10
IPO Mentor IPO Mentor (600+ Posts)
Ravi-B'lore-Its flat now. Any suggestion for short selling ?







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