[Ian Biden]

Peace bro, @dianahorton.. wow! Now that’s one pretty nice pseudonym to take up.
Having said that one must think from the The promoters perspective.
Maybe they are meaning good but they know that the nitty-gritty of the whole issue is much more bigger.
I as a fact know that some investors were and are heavily leveled and hence start a blackmail campaign( cause they think it will turn the tide) by holding the management to random

[Ian Biden]

Howdy folks! Been reading the posts from time to time here and elsewhere. Gotta say it’s been a seesaw of emotions out there. I’ve crapped my pants reading some posts cause I too am an aged investor and if i go by DHs messages then I actually wet my pants.
But, I would request the folks that claim to have some sort of evidence or matter that can supposedly bring the promoters to their knees. PLEASE DO SO, and let it be public, I’ve been hearing rants of Logan and DH but none of them wanna bell the cat.
Having said so it just rambling and monotonous ranting going on here.
Read about a team meeting up wit Suresh, I’d suggest! wait for the PW approval to come out and then reach out to him cause after that I guess he will be more outspoken and get matters resolved and even surprise us pleasantly.
Having said this I’m still positive on the company and the worth of its management. God bless us all

[Ian Biden]

Dear Myainvest, almost all the folks talking bad about Suresh will be the same folks singing praises about how cleverly and patiently he handled the issues the company was plagued with once they know what was really going on behind the scenes. And that day isn’t too far off I guess

[Ian Biden]

Dear lrtr, indeed BCG will turn out to be the silver lining on the dark cloud of 2020.

[Ian Biden]

This is the way I see it.
I ask my self what really changed in the last one month for the rally to begin?
And I answer myself nothing concrete apart from the the Preferential offer being completed and the company sending loads of business updates to exchanges and analysts in such formats that even a lay person would understand the nature of the business and most importantly menasa research report coming out with a target of 12rs. Apart from that many enthusiastic investors started to promote the stock on social media sites which generated extra interest in the stock.so imagine the buying that started at 6.3 RS when the report came out and the stock actually corrected the next day going briefly below 6rs. Now the new investors buying from this level
(remember that some trader investors have been buying from 3rs levels)
have doubled their money at 13rs( also it had overshot menasa report target) began to sell and coupled with oak selling 35lk the previous day this led to panic and created a domino effect especially among the new investors who don’t understand head or tail about the company and most probably have invested on watching a YouTube video, catching it on twitter or being suggested by a friend.
( I even suspect some so called good faithed hni traders in garb of investors are involved in this selling, no issues but don’t pretend to paint a different picture)
What I mean to say is without any concrete news like axis bank payment or daum settlement news or pledged shares being taken back etc etc( there is a lot news on the way so no problem here) why should the stock continuously, a correction was on the way and I was franky expecting it infact warned some guys not to get ahead of themselves.
I really am bad and lazy at writing such long posts but I hope you folks get the gist of what I’m trying to say. I could be wrong but with so many conspiracy theories doing the rounds what’s the harm with one more. Stay Blessed folks and as Bon Jovi said” keep the Faith”

[Ian Biden]

Oak has to sell and get out for the rally to really begin. My understanding is that Oak is being frustrated by keeping the price in check, if one notices any upward movement is sold into and the price is back to being flat so oak might just throw in the towel at any price between 3 and 3.5 anytime soon if not then be prepared for the same sideways movement until March when oak will be forced to sell at whatever price they can get.

[Author]

Posts