65. Hrishikeh| Link| Bookmark|
November 13, 2023 6:52:58 PM
Top Contributor (400+ Posts, 100+ Likes)
UPI revoked nothing here too happy diwali everyone
65.1. IPO smart| Link| Bookmark|
November 13, 2023 7:02:34 PM
Top Contributor (400+ Posts, 100+ Likes)
0/6 Retails
65.2. Hrishikeh| Link| Bookmark|
November 13, 2023 10:27:45 PM
Top Contributor (400+ Posts, 100+ Likes)
@ipo smart tough luck buddy
64. abc xyz| Link| Bookmark|
November 13, 2023 6:42:12 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Hello & Greetings of the Day. I am writing this message to the newcomers in the stock market who don't follow the rules of the market & ultimately looses their Hard earned money. I am deeply saddened when some of the members are writing their losses in Spectrum Talent. I think Spectrum Talent ipo @ 173. I too have applied & got 2 lots in it. I had given sufficient time to the Spectrum Talent to prove their Talent but the Promoters can't able to prove their Talent and that's why it becomes our ( Shareholders) job to take the call on it.
Who likes the losses from any script? Noone likes the Heavy losses, as everyone comes in the market for profit only. But sometimes we have to faces the accident like Car/ bike accident in the life. But we have to realize it and accept it that this script is not going to give profit to me but it's a wealth errorsing which one may have to stop. That's why their is system of Stop Loss. We have to follow the Stop Loss. I usually applies Stop loss when any stock goes down 15-20 % of it's original value. At that time we have to sell it no matter whatever the script it is. We may not love the any script if it's not giving profit to us. It's really very tough to come out of this situation but we have to think that if we have capital / fund in hand we can again utilize it and have profit from it. We have to respect Stop loss in this condition.
I sold my 2 lots of Spectrum @ 142 which gave me 2.27 lac instead 2.76 lac and loss of 50k . I have booked loss of 50000 on account of Spectrum. Sometimes we have to book the losses and nothing wrong in it. We are not master and it's promoters fault that they couldn't deliver it. I have accepted it that PARTY & Spectrum both are same so I have to quit from it. This is important for us to accept the facts.
I have bought Tata Investment with this funds of Spectrum @ 2700 and today Tata investment was trading @ 3200 and made a high of 3500 . By switching over from Spectrum to Tata Investment Corporation, not only recovered the loss but it's now profitable step. Therefore in Stock market we may not love the any particular script but respect it's performance and stick to their performance only. I hope this will give the importance of Stop loss in the market.
Thank you for your detailed analysis. Please be active on this forum and share your smart money ideas as usual so that small investors can take little bit benefits 🙏
Same here for me. I lost ~80k from 2 lots of spectrum (sold @ 152) and 1 lot of aatmaj (sold @50).. this was more than the profit i made in last one year.
But been recovered hence on with unexpected profits in many other IPOs (mainboard + SME) not only to offset but to gain much more.
Its important to know when to exit a stock (specially SME). I hope both stock recovers to their IPO value so that people dont loose money.
Also, stay away from NeoMile capital issued offers... this is the advisor to all the "sinking ships" IPO.
64.4. G profit| Link| Bookmark|
November 14, 2023 6:29:25 AM
IPO Mentor (1000+ Posts, 200+ Likes)
Good advice of stoploss must be followed by all investors. We cannot hold shares of all companies. As said by you, if we are not confident with the promoters, we must dump the shares and move on to other good companies. Otherwise we may sell good companies for paucity of funds and may end up with junks . Mee too sold off spectrum and Aatmaj and booked losses. Thanks ji for your wonderful words
@abc xyz We all wish if u had informed in this FORUM the day ,the movement u sold, definitely all ur followers would had followed u..( but tht dint happened)
64.6. abc xyz| Link| Bookmark|
November 17, 2023 12:23:21 PM
IPO Guru (1000+ Posts, 1000+ Likes)
Just few days back discussed about TATA INVESTMENT CORP. & today's trading @3880 . Wonderful gain in a single day. Great going. All TATA stocks are doing wonders for it's investors. Salute to Tatas. 👍👍👍👍👍👍
64.7. Basuvr| Link| Bookmark|
November 18, 2023 8:50:11 AM
IPO Guru (1600+ Posts, 800+ Likes)
@abc xyz Thanks, Please share views on Tata steel, holding good quantity at 115/-