We need a price band.

Roboticfx · 1 We need a price band. Tue Nov 15, 2011 7:14 pm

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Guys,
Actually 10% price band should be imposed on all securities to stop this unlimited downward. Otherwise shares around Rs.100 will fall to Rs1. In school commerce syllabus share market investing has been shown as a safe and an profitable way of investing money. But that situation has totally changed. I know expert will talk against this post but this is the real thing in all our minds. Smile

mark · 2 Re: We need a price band. Tue Nov 15, 2011 7:58 pm

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ya great... You knw robo,ASI reached 7000 thanks to price band which was implemented on my bdy last year...it was a f** decision by f** SEC..

is anyone disagree?
Even i can push shares up if they introduced band Razz

pushpakumara · 3 Re: We need a price band. Tue Nov 15, 2011 8:22 pm

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Roboticfx wrote:Guys,
Actually 10% price band should be imposed on all securities to stop this unlimited downward. Otherwise shares around Rs.100 will fall to Rs1. In school commerce syllabus share market investing has been shown as a safe and an profitable way of investing money. But that situation has totally changed. I know expert will talk against this post but this is the real thing in all our minds.

That is why they have introduced a price band for SEMB W16. Their thinking and vision are far beyond ours. That is the reason we sometime can not understand logic behind certain decisions of relevant authorities.

rijayasooriya · 4 Re: We need a price band. Tue Nov 15, 2011 8:37 pm

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Price band is totally unnecessary useless regulation implemented by SEC.
පාචනයට පස්ස පැත්තට ඇබ ගහනවා වගේ වැඩක්...

Roboticfx · 5 Re: We need a price band. Tue Nov 15, 2011 8:48 pm

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rijayasooriya wrote:Price band is totally unnecessary useless regulation implemented by SEC.
පාචනයට පස්ස පැත්තට ඇබ ගහනවා වගේ වැඩක්...

It was useless,
but it's useful now.

rijayasooriya · 6 Re: We need a price band. Tue Nov 15, 2011 8:55 pm

rijayasooriya

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Roboticfx wrote:

rijayasooriya wrote:Price band is totally unnecessary useless regulation implemented by SEC.
පාචනයට පස්ස පැත්තට ඇබ ගහනවා වගේ වැඩක්...

It was useless,
but it's useful now.

For me It was/is/will be useless.

Roboticfx · 7 Re: We need a price band. Tue Nov 15, 2011 10:16 pm

Roboticfx

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rijayasooriya wrote:

Roboticfx wrote:

rijayasooriya wrote:Price band is totally unnecessary useless regulation implemented by SEC.
පාචනයට පස්ස පැත්තට ඇබ ගහනවා වගේ වැඩක්...

It was useless,
but it's useful now.

For me It was/is/will be useless.

hmm....that's your opinion. but not everyone's.

Rajaraam · 8 Re: We need a price band. Tue Nov 15, 2011 10:44 pm

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Roboticfx wrote:

rijayasooriya wrote:Price band is totally unnecessary useless regulation implemented by SEC.
පාචනයට පස්ස පැත්තට ඇබ ගහනවා වගේ වැඩක්...

It was useless,
but it's useful now.

Dear Robo, do you believe that price band could stop this downward trend, Even with price band within 15-20 days price would drop to minimum level. That won't help to turn this negetive trend. CSE now needs the best treatment from a most qualified doctor to ensure it's existence.

Roboticfx · 9 Re: We need a price band. Wed Nov 16, 2011 8:29 pm

Roboticfx

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Rajaraam wrote:

Roboticfx wrote:

rijayasooriya wrote:Price band is totally unnecessary useless regulation implemented by SEC.
පාචනයට පස්ස පැත්තට ඇබ ගහනවා වගේ වැඩක්...

It was useless,
but it's useful now.

Dear Robo, do you believe that price band could stop this downward trend, Even with price band within 15-20 days price would drop to minimum level. That won't help to turn this negetive trend. CSE now needs the best treatment from a most qualified doctor to ensure it's existence.

Your saying is totally correct mr.rajaram. But urgent solution is required anyway.