enyands wrote:how I would love these guys to float this baby tomorrow on nse. with the bear flexing his muscles and demolishing everything on nse, its going to be destroyed so strong that the initial price of 20 will fall below 10.thats when I might jump in. but for now as @mnadii puts it "cash is king" (and I wish I heard his warning about the stocks crash coming-but I ignored ' excuse im new')im not wasting any of my money on this thing.of course it will be oversubscribed but I cant enter with 20. that's way too overrated.wait and see is my thing for now
It's unlikely to be over subscribed given the liquidity crunch and bear market conditions
The investor's chief problem - and even his worst enemy - is likely to be himself