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I will tell why people buy junk stocks like HVA

3 posters

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anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

http://www.bloomberg.com/quote/BLUE:SL/chart
http://www.bloomberg.com/quote/TESS:SL/chart
take a look at the below two link and see it 3 years backward in the graphs.
you can see that time and again those shares were manipulated.
HVA first manipulation was so massive that even though the floor limit is seen as Rs 9.90 or soo..
people cannot decide what its ceiling limit is...
it might go to 15 or 20 or maybe 40 or maybe a bit higher.. who knows..
that kind of guessing is what is keeping these kinds of heavily manipulated stocks alive and more the wait the more people scene that the next wave of manipulation is near. that is why these small jump occur...
once a real big fish manipulator gets its hand on these kind of shares on a good green day. he will push it real high... that is what most are expecting...

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

I do not think the traders/investors learned a lot in this bear trend.
May be new generation trader/investor could be caught to this manipulation game. Which I'm suspecting will happen?

bestofluck


Equity Analytic
Equity Analytic

I believe that HVA price will vary between Rs.12-14 range. Last few days many people brought this for Rs.12-14. I remember yesterday there was an order for 75000 share at Rs.13.

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

yes it should hover around 12 to 14 until someone comes and push it up or the ASI rises. else with the current trend if someone doesn't push it up. it might slide down to 11 range.

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