The Cyber Media stock has reached the 20% upper circuit levels. The stock is currently quoting at Rs. 127 with pending buy order for 5 lakh shares and no sellers.
This a good news for the IPO Investors who are reaping good yield on thier Investment.
The stock has rung up on the news that Fidelity Investments has acquired a large chunck of Cybermedia shares. Fidelity Investments is respected worldwide for its longterm strategy.
Investment Guru recommends you to maintain a hold on this stock for medium term Investors.
For those who only want listing gains may sell this shares tomorrow before afternoon trade after which the stock may see some selling due to acumulated buying by traders.
Happy Investing !!
12 comments:
What is your opinion regarding the MSP steel IPO?
What is your opinion regarding the MSP steel IPO?
What is your opinion regarding the MSP steel IPO?
Dear Sir,
I have gone for your site for your site for profit booking on Cyber media on listin. On the previous day
,You have written that if you get 30% gain - you should book it.
I have booked profit at 60% gain.....and the stock is now at 160% gain. It was a stock clearly for hold....
Why u give misleading information...better say increase your stop loss in cool manner.
Arvind
Dear Arvind,
I understand your situation.
Looks like you are new to the Investment world.
How many people do you think would have expected this to go till 150 ?
Even the best of the experts would not have gained to the full extent in the IPO.
Another thing if you have regularly watched my blog, that I suggested only to book 50% on the first day and rest on the next day.
Anyway, I will not argue on this.
There is no limit in the markets to go up or come down and you should never compare you holdings in this manner, otherwise you will never be satisfied with your earnings.
A simple principle in the matket is make a target at which you think you have gained as per your expectation and come out at that level. Never try to chase a stock.
Arvind
if you read my blog carefully, you will find that I also recommended a hold for medium term Investors .
Following were my wordings :
"Investment Guru recommends you to maintain a hold on this stock for medium term Investors.
For those who only want listing gains may sell this shares tomorrow before afternoon trade after which the stock may see some selling due to acumulated buying by traders."
There is a principle in stock markets. If you follow somebody , follow fully, or you will be the loser.
Dear friend, I dont mean to discourage you but its just a word of caution.
Happy Investing !
Hi Rajesh,
Thanks for your comments & advice . I am not new to market,actually I am a long term investor in good mautual funds for last 2 yrs. and tripled my capital
without even booking profit.
I am also from Rajasthan.
Anyway I wont hurry this time in profit booking.But sometime hurry pays off- see the case in Nandan Exim , Those people who have not booked profit at 65 are cursing themselves as the price is 35 now.
I am planning to take this stock in the range of 20-30,Cyber Media in the range of 90-100.Pls give your advice on it.
Also give your advice on Shree Ganesh Forgings on listing
What should be price of profit booking, some are saying it would hit 105.
Waiting for your reply.
Arvind
Hi Rajesh,
can you give your opinion for MSP Steel &Power ltd..?
waiting for a reply?Thanks
regarding Arvind's comment :
Cyber media at 90-100 is good..(did you see the free fall it had from 160 levels ?)
I am also awaiting for the listing of Ganesh forgings...It will take some time (1 month from issue close)I hope it lists at a good premium..(allotment trends will show some signs..so wait for it )..
regarding anonymous:
MSP still looks ok since it is coming at par...(that's the striking attraction in this , otherwise not very good).
regarding hits7
Dear friend,
there is no rule except that FII's and mutual fund try to grab the stock. Other reason is that market doesn't have any hitorical trends for such stock so a rate is derived with the demand supply equation and since the demand on listing is quite high (from MF's and FII's) so normally these stocks get godd listing.
Sonu's comment
Hi Sonu,
This comments section is open to all visitors and you can put your comments here.
All your comments come to my email ID. so need not worry about that.
Hope you wouldn't mind ..
Post a Comment