Mginger

Saturday, December 4, 2010

What should be selling strategy for MOIL IPO?

MOIL (formerly Manganese Ore India)

 Retail investors' portion subscribed 143.30

Question for everyone?

What should be selling strategy for MOIL IPO?
If we get the allotment :

Should we sell  it on the same day of lisiting and be statisfied with listing gains?

Should we keep it for long term?

My strategy would be : To sell it in the first hours of the listing day.
Lets discusss and come to conclusion.
Please let us know about your strategy in the comment section.

Final Conclusion:

1.In an article at net and an analyst is suggesting to have listing gains rather than holding it for long term.
2.As per one of the analyst :  The proceeds will not be used to capital expansion so he sees not much accretion in long term.
3. It is good if we sell it on 1st day itself, we will able to get benefit out of it.Because people will do it after achiving their target.....

Based on the above replies and comments and my own experince:

We should take the lisiting gains.

Happy Gaining!






3 comments:

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mahesh said...

I think it is good if we sell it on 1st day itself, we will able to get benefit out of it. Because people will do it after achiving their target.....

Anonymous said...

i feel the same way