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KnackChap

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11 minutes ago, rushaboswal said:

Same, have little money but will wait for more dip

Better to buy the reversal rather than the dip this time. Still don't know what the Fed will do and how the budget will pan out.

Even if that means getting a stock for 2-3% more.

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2 minutes ago, KunjanPSD said:

Better to buy the reversal rather than the dip this time. Still don't know what the Fed will do and how the budget will pan out.

Even if that means getting a stock for 2-3% more.

Thats what i meant i dont know but i think markets may tank a bit more owning to so much euphoria and over-valuations. lets c.

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3 minutes ago, KunjanPSD said:

Better to buy the reversal rather than the dip this time. Still don't know what the Fed will do and how the budget will pan out.

Even if that means getting a stock for 2-3% more.

This is the budget panic that we are seeing. If budget is negative, there will be more bloodbath. 

 

Zomato is penny now. Divi's less than 4k after a year. Wipro less than 600. Laurus at 470!

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14 minutes ago, dante77 said:

This is the budget panic that we are seeing. If budget is negative, there will be more bloodbath. 

 

Zomato is penny now. Divi's less than 4k after a year. Wipro less than 600. Laurus at 470!

This are the after-effects of what is happening in the US. Fed rate hike if ends up being aggressive will affect each market.

I am gonna wait a bit. Laurus's result will be out soon, expect it to drop more post that.

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17 minutes ago, R1shabh said:

What's the view on TCS buyback at 4500 p/s? With market down, it could be a good opportunity to buy some stocks and score 5% in a month. 

 

5 minutes ago, KunjanPSD said:

Buyback is a lottery, just like IPO.

Seeing how number of users have increased and the information flow. I don't think it will cross more than 50% acceptance ratio. The lower share prices go, acceptance would only decrease. I think it will have around 40% of acceptance ratio. Maybe less. Hope I am wrong. 

 

I have TCS for long term, average at 3607 but only 5 shares. Want to take advantage of buyback but won't buy at this level. Maybe around 3700 levels. Let's see

 

 

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