What s the point in buying a share @ 300% high, when a split is announced, I really fail to undestand
Pls express your views
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MJ wrote:Guys,
What s the point in buying a share @ 300% high, when a split is announced, I really fail to undestand
Pls express your views
ranga wrote:
no price band for this.
share price appreciated 132.81%, WTF....
mono wrote:Generally splits are considered good things in the market, and rights issues a bad thing. Last year LOLC, SPEN, BUKI, CARS, RICH and many other companies went up buy massive amounts when splits were announced. In anycase there is nothing negative about a split. They increase liquidity making them safer investments, especially for HNWI's.
Rajitha wrote:mono wrote:Generally splits are considered good things in the market, and rights issues a bad thing. Last year LOLC, SPEN, BUKI, CARS, RICH and many other companies went up buy massive amounts when splits were announced. In anycase there is nothing negative about a split. They increase liquidity making them safer investments, especially for HNWI's.
A share that's trading at such a high price with negative PE ratior because of its illiquidity and you expect the shares price to go up after split?
I bet on my whole portfolio value that 3 months in to the share split this share will drop more than 20% of its initial value at the point of split!
Or do you like to bet on something else m8 ?
this is a stupid split and the share price should have dropped drastically than going up!
ROHAN wrote:I WAS put a oder EMER 100@ 1000 but i was canceled it,after 2 minute it was going 2250 ............................ 125000 profit going out '' pina na kiyanne okata ''
econ wrote:I think all those iliquid shits should be subdivided.. otherwise they are easy to manupulate because public share holding is very low
mono wrote:ROHAN wrote:I WAS put a oder EMER 100@ 1000 but i was canceled it,after 2 minute it was going 2250 ............................ 125000 profit going out '' pina na kiyanne okata ''
I only saw the damn thing when it was trading at 2500. way too late....
econ wrote:I think all those iliquid shits should be subdivided.. otherwise they are easy to manupulate because public share holding is very low
ROHAN wrote:I WAS put a oder EMER 100@ 1000 but i was canceled it,after 2 minute it was going 2250 ............................ 125000 profit going out '' pina na kiyanne okata ''
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