Guys what do you think will happen to yes bank share price on Monday. SBI is paying Rs.10 per share, so does that mean the share will open at Rs.10 or, because of positive expectation it will go much higher ?
(I advised my friend who was holding yes bank to sell it on Friday and he did sell it at Rs.16, but if its share price goes up considerably on Monday, then he will be very upset with me)
it will go higher because of retail traders… everyone is thinking that SBI is helping the bank and RBI is also giving 10k Crores…so everyone is going to buy. but we can’t say for sure.
Better to stay away.
THIS IS THE PROBLEM…
What is your source of information that told you SBI is buying Yes Bank’s shares for Rs 10?
Please make sure you are spreading the correct information…
This COULD mean… that Yes Bank will fall like CRAZY… WHY WOULD ANYBODY PAY MORE THAN 2 RUPEES NOW…
SAD…
I always stay away from stocks that are in news or gaining lot of attention from media. 99% of the time we will lose money. Media Manipulation is a dirty business. Anyone who is in Yesbank right now is gambling.
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Ok… Let’s blame economic times… Lol
The face value of Yes Bank share is Rs.2, So everyone thought SBI will buy it at face value, but it is actually buying it at a premium of Rs.8 instead, i.e Rs.10
So my expectation is SBI share will crack on Monday but not sure about Yes Bank.
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Yes… Pain for SBI guaranteed…
FXCM … A listed fx broker got busted due to a HUGE move in SWISS Franc couple of years ago…
They were desperate for investment… Then an investor bought most of the company for pennies on the dollar…
Investors WILL try to SQUEEZE Yesbank with so many conditions and low share price much lesser than the public price could be fixed…
Let’s see what happens.
not sure of monday or it’s stock price, but going by value it will be 0