Operator Manipulation

iTrade

Well-Known Member
#1
I keep on reading comments from trading members on many popular stock trading/share market forums that its a operators game in this stock. Take for example, a penny stock keeps on hitting upper circuits for weeks and then again lower circuits to make new life time lows. Why does this happen? Some forum members say that it is operator game...If it is really a operator game, do they really benefit by buying at upper circuits and wait for retail traders to enter and then start selling ??? Does this make sense practically ? Do they really earn enough?
Another example is when I read comments even for some good NIFTY stocks are like operators are trying to keep the price down...really? Does that benefit them ?

I was confused as to which section this thread should go on, but I thought it applies most to position trading and hence posting here.
There is no conclusion I am drawing but is it illusion ?
 

iTrade

Well-Known Member
#2
Either I am thinking totally wrong or my point is so valid that everybody is stunned and forgot to reply :rofl:
 
#5
I keep on reading comments from trading members on many popular stock trading/share market forums that its a operators game in this stock. Take for example, a penny stock keeps on hitting upper circuits for weeks and then again lower circuits to make new life time lows. Why does this happen? Some forum members say that it is operator game...If it is really a operator game, do they really benefit by buying at upper circuits and wait for retail traders to enter and then start selling ??? Does this make sense practically ? Do they really earn enough?
Another example is when I read comments even for some good NIFTY stocks are like operators are trying to keep the price down...really? Does that benefit them ?

I was confused as to which section this thread should go on, but I thought it applies most to position trading and hence posting here.
There is no conclusion I am drawing but is it illusion ?

Yes.....opretaor driven stocks still in the market.........SEBI can't nothing to do......as some officer of SEBI....always involve in such scam....... example is Signet Industries.It manufactures Pvc Resins and Drip irrigation Material.This company re-listed in Markets in Jan 2009 at 0.12 Paise.Then it starts it's Journey and finally it reached 142.6 On Dec2010.That means from 1 cr market cap to 420 Cr market cap in 24 months.In Between company announces 2:1 bonus in Dec 09 and 5:1 in Nov 2010.So Equity expanded from 1.62 cr to 29.19 cr.Meanwhile earnings grew from 2 cr to 5 cr.In a nutshell Company earning 5 cr net profit commands 270 cr market cap at today's price.Book value is 1.7.If we check Shareholding pattern Promoters hold 73 per and Corporate bodies hold 26 per stake.Public holds just 43000 shares.Average volume traded in this stock is below 100 and in T group....... according to Rish (Traderji member) Old operator scripts............. MLL, KSOIL, Atlanta, Tantia Const, Suzlon, HCC, HDIL, Bhusan Steel................... etc.....

Present operator scripts......... Bata India, Jubilant Foods, Mcdowell.....
 

Rish

Well-Known Member
#7
Yes.....opretaor driven stocks still in the market.........SEBI can't nothing to do......as some officer of SEBI....always involve in such scam....... example is Signet Industries.It manufactures Pvc Resins and Drip irrigation Material.This company re-listed in Markets in Jan 2009 at 0.12 Paise.Then it starts it's Journey and finally it reached 142.6 On Dec2010.That means from 1 cr market cap to 420 Cr market cap in 24 months.In Between company announces 2:1 bonus in Dec 09 and 5:1 in Nov 2010.So Equity expanded from 1.62 cr to 29.19 cr.Meanwhile earnings grew from 2 cr to 5 cr.In a nutshell Company earning 5 cr net profit commands 270 cr market cap at today's price.Book value is 1.7.If we check Shareholding pattern Promoters hold 73 per and Corporate bodies hold 26 per stake.Public holds just 43000 shares.Average volume traded in this stock is below 100 and in T group....... according to Rish (Traderji member) Old operator scripts............. MLL, KSOIL, Atlanta, Tantia Const, Suzlon, HCC, HDIL, Bhusan Steel................... etc.....

Present operator scripts......... Bata India, Jubilant Foods, Mcdowell.....
In the list we can add Pondy Oxide / Ricoh India ......based on movement...i feel...
 
#9
One more stock to this list
Wockhardt - What a wonderful company it is, isnt
it? It must be as good as gold that’s why its
prices jumped from a low of Rs. 68 in 2009 to a
peak of Rs.2160 in 2013. What a spectacular
bull run it has shown. The company must be
worth millions now. HEY, don’t be “FOOLED” by
this illusion. It’s an operator driven script but I
don’t have any idea whether promoters are also
involved in it or not.
It is said that everything that shines is not GOLD
and everything that is too good to be true isn’t
there.
 

jagankris

Well-Known Member
#10
One more stock to this list
Wockhardt - What a wonderful company it is, isnt
it? It must be as good as gold that’s why its
prices jumped from a low of Rs. 68 in 2009 to a
peak of Rs.2160 in 2013. What a spectacular
bull run it has shown. The company must be
worth millions now. HEY, don’t be “FOOLED” by
this illusion. It’s an operator driven script but I
don’t have any idea whether promoters are also
involved in it or not.
It is said that everything that shines is not GOLD
and everything that is too good to be true isn’t
there.
142.70 0n Mar 22 2014 to 1887.50 on April 1 2015 and now trading at 1425 :lol:
 

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