Day Trading Stocks & Futures

[andal]

Curious Case of YESBANK:
So if retailer cant sell who are holding stock for less than 3years then who will sell? the person who were keeping it for more than 3years will sell now when government is trying everything to revive it and when they know they can exit at better price.

So only left retailer are who have less than 100 shares which will be very less and will be absorbed.


Now only stakeholder who can sell is not retailer..So they have not sold yet and waiting for selling at this price or higher price ?
So no down movement in yesbank only it can go up for 3years or at least till whatever price non-retailer wants to exit

Am I right or more angle left in this???

I believe lock-in is for next 3 years starting from Friday

 

[DanPSup]

yes.. not my mother tongue either

Laughing in what ever way is still the best in this times to be lucky with our selfs and reflect it to others around us.

DP

 

[checkmate7]

I believe lock-in is for next 3 years starting from Friday

This is what I inferred from the news article......

 

[siddhant4u]

This is what I inferred from the news article......


View attachment 40738

yes, the lock in period starts from the time the scheme came in place... so from today onwards up to next 3 years no one can sell (unless you sell 100 shares)

 

[siddhant4u]

https://www.bbc.co.uk/news/business-51875271

British Airways is to ground flights 'like never before' and lay off staff in response to the coronavirus.

In a memo to staff titled "The Survival of British Airways", boss Alex Cruz warned that job cuts could be "short term, perhaps long term".

The airline industry was facing a "crisis of global proportions" that was worse than that caused by the SARS virus or 9/11.

Meanwhile, Ryanair told staff they may be forced to take leave from Monday.

An internal memo to Ryanair staff, seen by the BBC, said crew may be allocated to take unpaid leave due to cancelled flights and schedule changes.

BA boss Mr Cruz said: "We can no longer sustain our current level of employment and jobs would be lost - perhaps for a short term, perhaps longer term."

 

[TraderRavi]

Coronavirus pandemic: Govt’s order to shut malls impacts retail industry


In a drastic step to curb the spread of COVID-19 pandemic, the Maharashtra government ordered closure of cinema halls, gyms, swimming pools and malls in Mumbai, Navi Mumbai, Pune, Thane, Pimpri-Chinchwad and Nagpur cities from March 13 midnight.

Chief Minister Uddhav Thackeray also appealed to people to avoid visiting malls.
A similar move was earlier announced by Delhi and Karnataka government.

“The order of closure of malls and multiplexes across many top cities by the respective state governments to prevent people congregating for any reason, has caused the organised retail scene in these cities to come to a grinding halt,” Anuj Kejriwal, Managing Director & Chief Executive Officer – ANAROCK Retail said.

According to ANAROCK Retail, the top eight main cities of India have 126 malls sprawling over 61 million sq. ft. of area, and more than 100 malls have multiplexes attached.

“Wherever it has been mandated, there will therefore be a high number of establishments that need to shut down for operations. Even short-term closures will have significant financial implications,” Kejriwal said.

https://www.moneycontrol.com/news/b...ut-malls-impacts-retail-industry-5034071.html

 

[TraderRavi]

yes, the lock in period starts from the time the scheme came in place... so from today onwards up to next 3 years no one can sell (unless you sell 100 shares)

but what about those who buy from monday onwards ?
waise to people will not buy otherwise wo bhi fans sakte hain , phir koi order aa jayega.

 

[jyotixxx]

We have reached 100 marks today on corona virus. Probably 1000 is ahead in another 10 day or less. Worse is ahead.

 

[TraderRavi]

2008 revisited

Bounce after first fall

 

[TraderRavi]