Mindtree ..real or bait ?

M

M_S

New Member
#1
#1
Hello All
Its more than a week now and mindtree shares are going up like anything.Althgouh right from the IPO this was highgly anticipated listing,and was oversubcribed heavily.
Wanted to have some suggestions/views about this stock,wheather we should take this as a positive thing and expect more growht or we should sell it ,if we have ,or avoid it because its overpriced and gonna come down drastically ?

Thanks in advance for your valuable suggestions!.
M_S
 
B

buy2gain

Guest
#2
#2
It's all greedy mentality and biased (in fact blind) attitude of investors towards IT related companies.

I will suggest don't fall in this trap and stay away for some time until the sanity is restored.
 
jatayoo

jatayoo

Well-Known Member
#4
#4
M_S said:
Hello All
Its more than a week now and mindtree shares are going up like anything.Althgouh right from the IPO this was highgly anticipated listing,and was oversubcribed heavily.
Wanted to have some suggestions/views about this stock,wheather we should take this as a positive thing and expect more growht or we should sell it ,if we have ,or avoid it because its overpriced and gonna come down drastically ?

Thanks in advance for your valuable suggestions!.
M_S
Click to expand...
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A Juicy bait for the novice
manipulated for sure.
i have seen scores of such moves that fizzle out
leaving the retail simpleton high and dry.
i know a guy who is holding HLL for 10 yrs :eek: without having hit the buy price and not likly to do so in another 5 yrs.:eek:
 
R

ratan jain

Guest
#6
#6
thats because I sold a few million shares today :)

Its not invincible my freind, prices do go up and down :)
 
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