Fun and games in Astec Lifescience

deneb

Well-Known Member
#1
I have been watching and trading stocks in the stock market for just over an year. But honestly I have never seen anything like the things happening in Astec. I have heard about and seen some operator driven stocks,but Astec seems to be from another planet. The stock hit upper circuit yesterday on a downday with no apparent trigger. And the same stock hit the lower circuit today. The funny thing is nobody seems to notice this.Maybe this ia a small fish in the pond but a stock to rise 20% one day and fall 20% the very next day without somebody raising an eyebrow is a cause for concern. The number of buyers and sellers in the share today was mind bogling. At close to lower circuit the number of buyers shown was 60 lakhs and the number of sellers shown was 5 lakhs, and the stock tanked 20%.I would say it is close to the exact price from which it rose yesterday. I am waiting to see what the stock does tomorrow. I have no holding in the stock and have no plans to get in to it.If anyone is thinking about entering the stock please beware.

Regards,
 

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