As I said yesterday algorithm bid and offer was in work yesterday and today we saw big sell from credit sussie 1% of the total capital it is sick company avoid avoid
Sell sell this stock will reach 22 rs in 1 yr. Better to exit with small loss rather than auffer big loss. Instead buy vrl logistics which have good fundamental and bought bybig fund houses.
Looking at buyers and sellers spread of 320: 62000 was surprised with listing and not see a crash anyway looks like a algorithm buy and selling to keep the price from crashing. Anyway it a sick company so I see big crash soon
DEAR IPO RAJA,ALLOTTEES OF MEP INFRA IPO IS NOW GAINING THEIR SHIRTS... I DO NOT UNDERSTAND WHY ONE IS USING SUCH HARD WORDS.. JUST NOW MKT HAS TANKED NEARLY 600 POINTS SO WHAT ALL WHO IS HAVING INVESTMENT IN DIFFERENT STOCKS HAS STARTED LOOSING SHIRTS... BTW WHAT ABOUT U..?............ LET ME MAKE IT CLEAR I HAVE NOT APPLIED IN ..MEP...
Don''t even think. Promoters and especially the lenders are exploiting the opportunity of secondary market. As a thumb rule I never add a loss making company or companies with huge debts. A loss is always a loss that erodes shareholders wealth.
if only all people can think, this issue should have been a big flop. Reliance power was issued at 450 Rs but still people subscribed heavily. Even today it is at 55 Rs after 8 years.
So do not expect that all people think correctly and subscribe.
GMR Infra is another infra company which was a craze at one time. It was at 240 Rs when it was at its peak Today it is around 15.
MEP must be having some assets but if market conditions are not good, these stocks will tank very badly. Not sure if there will be any listing gains as market is already in correction mode and shedding the fat.
1. Stocks to Riches by Late Parag Parikh. 2. One Up On Wall Street by Peter Lynch. 3. Beating the Street by Peter Lynch. 4. Intelligent Investor by Benjamin Graham. 5. Value Investing & Behavioral Finance by Parag Parikh. 6. Security Analysis by Benjamin Graham
As I see you are long term investor. Will you still loose? Yes but loss will be less and your one or two pick in life for 20+ yrs will make it for all.