IFCI :: from a multi bagger to a complete disaster

deedeed · #21 20th December 2007, 12:10 PM

Quote:

Originally Posted by satishjk

Well RPL story is different. The promoter did not make the RPL fall from 298 or so. It was the operators(funny one of the fellow who we call the warren buffet of India. I don't think Warren Buffet would have ever thought about shorting a scrip) who shorted this scrip left and right and created havoc amongst retail investors and made them dump at whatever price came their way and brought it all the way back. Infact the promoters would have been more than happy to sell the same 4% at 300 vs 224 if you were to think logically.

I don't get this.

First who is this warren buffet of India?

Secondly where does he short the scrip. Is it in the futures market?

Thirdly, can one operator be more powerful than the entire market?

Cheers
Brijesh

peepz · #22 20th December 2007, 12:26 PM

Quote:

Originally Posted by deedeed

I don't get this.

First who is this warren buffet of India?

Secondly where does he short the scrip. Is it in the futures market?

Thirdly, can one operator be more powerful than the entire market?

Cheers
Brijesh

hey can someone tell me what does an operator mean ? How can he affect the price of the stock and how can he increase or decrease the price ?

jdm · #23 20th December 2007, 12:45 PM

Quote:

Originally Posted by jrfab

Well I dont have a problem even if IFCI rockets to 200 ,,, I made my money and dont care where the stock heads from here ,,,, The real issue here is that the entire process has been such a sham ,,, yeter morn there was a statement that the deal would be clinched by evening and also there was a price given ,,,, the fact that MS _ Sterlite had raised issues abt management control had not been stated at all

,,,, that is the real issue ,,,, suppresing facts and then disclosing at their own convenience just to trap the unknowing investors and traders

So I wld suggest u to first understand the gist of it and then see the whole thing ,,,,Lack of transparency and manipulation is what has marked the entire process and as I wrote earlier I wouldnt be surprised at all if the MNGMT did a complete U TURN and sd the process is still on ,,,, so guys wish u luck with ur invts and hope it gets to 200

ok dear, now tell me one deal, which is not manupulated in one form or other. tell me about one deal which has been marked as a benchmark of transperency.

history repeat itself, be it the Bank scam in the mid 2003 or the oil privatisation episode in the early 2004 or many more such "scams", only the name changes. and if "retail investors" do not learn from the past, then they deserve to get what they are getting.

stupidtrader7875 · #24 20th December 2007, 01:02 PM

I heard rumours that IFCI can taste d levels of 50 in coming days

stupidtrader7875 · #25 20th December 2007, 01:03 PM

but still all depends on how d market behaves ....so one can wait but hav to be alert

ratan jain · #26 20th December 2007, 01:21 PM

Quote:

Originally Posted by stupidtrader7875

I heard rumours that IFCI can taste d levels of 50 in coming days

U mean to say that IFCI will be tasty at that price?

Mouthwatering maybe?

satishjk · #27 20th December 2007, 01:25 PM

[quote=deedeed;139152]I don't get this.

First who is this warren buffet of India?

Secondly where does he short the scrip. Is it in the futures market?

Thirdly, can one operator be more powerful than the entire market?

Cheers
Brijesh

Brijesh,

I don't know how long you have been in the stock markets. To know about operators you don't have to scratch your head. Two names should just pop out of everyone's head. HM and KP

. And now tell me whether operators can be powerful than the entire market. Now some called RJ is called Warren Buffet of India. He and a group of operators joined hands in Shorting RPL. And my english is clear I guess since I have mentioned Operators and not operator. And I also have said one of them is RJ.

Thanks.

jrfab · #28 20th December 2007, 01:55 PM

Quote:

Originally Posted by ratan jain

U mean to say that IFCI will be tasty at that price?

Mouthwatering maybe?

gd one

mail2kamaal · #29 21st December 2007, 04:07 AM

Today i got good quantity at 74. i m hoping it to b down 10 Rs more. if it happen i will average. I earn alot with this IFCI and i strongly believe this share. This could b strategy for management to get shares back at lower rates. Dont b panic. Hold on or if u can invest more buy at these levels. In this bull market when dogs and ass are running y not this ... Think.. IFCI is very attractive at these levels too.

soody · #30 21st December 2007, 09:58 AM

IFCI top Management seem to like the Snake n Ladder game

View Poll Results: IFCI Price Predictor,,,, which level do u see for IFCI first ,,,,above 90 or below 70
above 90	36	69.23%
below 70	16	30.77%
Voters: 52. You may not vote on this poll