DId you bag THINKSOFT global in IPO
- Thread starter dalal.street
- Start date
- Tags thinksoft global
You make money depending on when u SELL and for that u don't have to buy low.
As long as your buy price is lower then SELL price, u make money.
Let's talk profit only when it is in Bank.
Even if the stock had good runup, it is important that people have their trailing stop price.. else, many such stock go below issue price.
Happy and safe trading.
As long as your buy price is lower then SELL price, u make money.
Let's talk profit only when it is in Bank.
Even if the stock had good runup, it is important that people have their trailing stop price.. else, many such stock go below issue price.
Happy and safe trading.
:thumb:
I hope you all remember EXCELINFO (Excel Infoways - 50 cr issue). It was issued at 90 and it ran up like hell on listing and few session after it. Now you can see where it is. The point is not price levels, but behavior of price. Operators find it very easy to play with the prices of small issues.
I hope you all remember EXCELINFO (Excel Infoways - 50 cr issue). It was issued at 90 and it ran up like hell on listing and few session after it. Now you can see where it is. The point is not price levels, but behavior of price. Operators find it very easy to play with the prices of small issues.
Ofcourse, that is great.. but that is paper profit. We got to know when to covert that into real money. There are many scams, manipulation that take place with IPOs and most of the time, it is novice investor who gets burnt. Some of them are
- merchant bankers sells them and high price in IPO. They make the doc so that high price band gets approved by SEBI and accepted by market.
- preplacement of stocks /quota allocation etc helps big players to get in the stock
- lot of media hype is created during IPO.. which left many IPO applicants hungry as they get lower or zero allocation. These are all hungry common people.
- On listing, these hungry people run to grab stocks..and other manipulate the price
to distribute their stocks and pocket the profit.
- Have u ever thought why IPOs are launched only during bullish market ? Cause thats when comman man wants to make quick money and ready to get caught in IPO traps.
- Yes there are good companies too who come out with IPO.. but you can buy them at any time after few days/months of listing.. In this game, you can also make money by Buying HIGH, Selling HIGHER. Buying Low is not the only option.
- Yes, u can make money with them provided u know the rule of the game and play with those rules. There are enough fools and few smart people involved in the game. So select the side and do what they do to make money thru IPOs.
As far as 100% return is concerned, get the eduction and step into options trading.
Then 100% return in a month on 1 trade will start looking too small. But if you don't know the option trading, then 100% loss in 1 trade will be reality there.
Hope this helps.
- merchant bankers sells them and high price in IPO. They make the doc so that high price band gets approved by SEBI and accepted by market.
- preplacement of stocks /quota allocation etc helps big players to get in the stock
- lot of media hype is created during IPO.. which left many IPO applicants hungry as they get lower or zero allocation. These are all hungry common people.
- On listing, these hungry people run to grab stocks..and other manipulate the price
to distribute their stocks and pocket the profit.
- Have u ever thought why IPOs are launched only during bullish market ? Cause thats when comman man wants to make quick money and ready to get caught in IPO traps.
- Yes there are good companies too who come out with IPO.. but you can buy them at any time after few days/months of listing.. In this game, you can also make money by Buying HIGH, Selling HIGHER. Buying Low is not the only option.
- Yes, u can make money with them provided u know the rule of the game and play with those rules. There are enough fools and few smart people involved in the game. So select the side and do what they do to make money thru IPOs.
As far as 100% return is concerned, get the eduction and step into options trading.
Then 100% return in a month on 1 trade will start looking too small. But if you don't know the option trading, then 100% loss in 1 trade will be reality there.
Hope this helps.
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