Paytm lists at 1950 and makes a low of 1776 ā¦more than 17% down from listing price of 2150
to make things worst, Macquarie has said it gives an underperform rating on Paytm with target price as 1200!!! ā¦on date of listingā¦why did they not say it before IPO ???
how did anchor investors subscribe to this stock at 2150?? what is the effect of this fall ā¦it will definitely affect other IPOs I think
One of the trending acronyms in the stock market today, āYOLO,ā supports the idea, at least among those new to investing, that you only live once. So, the idea behind YOLO is that you should invest everything in one stock and hope for the best.
Hello - I do agree that you only live once, but YOU WILL HAVE ALL THE TIME IN THE WORLD TO keep investingā¦
Do remember, money is yours, so take a informed decision and believe me YOU WILL LIVE MANY TIMES TO KEEP INVESTINGā¦
Disclaimer: No one to advise you. I am sure you know what to do best.
The concept of āaverage downā makes no sense to me.
I like to think buying more of a falling share as a ācompletely new positionā instead of āaveraging downā, and the thought process/logic behind buying more should be the same.
I was getting nervous about such sky-high valuations of the IPO as the price they were asking for was already high. I just feel bad for those people who have applied for many IPOs in the past few days but had received only PayTM till now. These guys are in deep trouble.