RGEM Order books Shows some surprise

Jana · 1 RGEM Order books Shows some surprise Sun Jul 03, 2011 9:30 pm

Jana

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RGEM Order books Shows some surprise Rgem11

RGEM Order books Shows some surprise last Friday. Still we can see that order placed in the order book.

If we watch closely this order book when trading.... The big sell order moving 99/= to 95/= then again 99/= .... it means the person put @ 95/= then sellers try to sell before that order so they put their sell orders on top of this big order then that person collect all of them ... same thing happen on Friday ( we can watch this from day trading RGEM sheet in CSE .. Its happened 10.53-11.03,12.01,12.26-12.27 13.04) in the same way RGEM traded 34900 Shares.

The same way lot of stocks are collected by collectors then they push up the stock...
two days before The ALUF also went up like this.. after they beat the 40000 shares @ 135/= its went. Thats why I got surprise with this order book.

Still I am confuse to buy or not? like that I worry may be I missed or not?

positive for RGEM go up..

**look like very Illiquid stock (as I Said some one already collected more than 220000) mayor share holders hold 1.8 million from 2.4 million issued qty
** If Anyone can interest to became as a director for this company then they can buy 240000 up to 99/= .. bcos it is in the market now.
** anyway its turned to profit
** last few years the company didn't announce anything for the shareholder ..may be they can give any thing to share holder RIGHTS / SPLITS ( not sure)

negative for RGEM

-Company not fundermental

Anyway I did two time trading with RGEM buy @ low sell @ high.. now I got some @ 92/=

any comments guys!!!

hello · 2 Re: RGEM Order books Shows some surprise Sun Jul 03, 2011 10:32 pm

hello

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Jana wrote:
** If Anyone can interest to became as a director for this company then they can buy 240000 up to 99/= .. bcos it is in the market now.

Director already changed

May be Mr. Rohan Madappuli Collect those shares .. still he can collect more while he try to put big sell orders

RGEM Order books Shows some surprise Rgemdi10

RGEM Order books Shows some surprise Rgemdi10

Jana · 3 Re: RGEM Order books Shows some surprise Sun Jul 03, 2011 10:51 pm

Jana

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hello wrote:

Jana wrote:
** If Anyone can interest to became as a director for this company then they can buy 240000 up to 99/= .. bcos it is in the market now.

Director already changed

May be Mr. Rohan Madappuli Collect those shares .. still he can collect more while he try to put big sell orders

@hello! hello

ya I know this message but I said If anyone want to become as a director then If they collect 240 000 shares from the market (its means 10% of stock) then eligible to apply for the director post . then that 240 000 shares are there in the order book under 99/=

and If he(Mr. Rohan Madappuli ) buy more then we know because announcement will be released by CSE director purchase, so will see...

anyway thanks for your reply Very Happy

Rajitha · 4 Re: RGEM Order books Shows some surprise Sun Jul 03, 2011 11:19 pm

Rajitha

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Just NO

What happened was some guys were trying to push the share by putting some huge by orders around 88 - 90 of about 10k -30k and this has happened like week back also and some one sold dropped a big chunk and they had to stop the share push because of that.
Friday also when they started to put huge buy orders below the top bidding price this guy came and put his big sell order to taunt and stop the push! Then for giggles he just kept putting the order up and down from 95-99 range! I don't think he sold a single share from his lot! What happened though was that the big buyers putting 30k and 10k orders vanished the second 165k+65k sell orders popped up!