gv films

is it a good buy at 80 paise per share

its reminds me of another company SRG infotech. during the tech bull run of 2k srg was quoting at Rs. 7 when it announced stock split in the ratio of 10:1

after the split the price adjusted to 70 odd paisa. people bought in "the penny stock". only to see prices go down to 5 paisa. now thats the low a stock price can hit at the most. then..............

so the company went for a stock consolidation in the ratio of 1:10. the price adjusted to the consolidation and was quoting at 50 odd paisa, now only to fall further. yesterdays close was 60 paisa.

the main problem with penny stock is prices tend to stale for years after an upmove. and gv films has its upmove only 9-10 months back.

ahh there you go

gv films going for a stock consolidation

the modus operandi of the thugs remain the same.

cheers,
jdm.

P.S. - refer to the previous post

Ha ha ha.....it is going for consolidation again......one can buy if it goes down to 5 paisa...that too..pick only a thosand......total risk too

ganeshhity

view - matrix labs, abbott

Hai,

can anyone express views regarding the open offer of matrix labs @ Rs.306 and abbott india for Rs.650 . Is it a risk free investment in selecting the scrips that give open offer and offload it in the open offer, therby getting a assured return. Please clarify the positives and negatives of open offers