[whity3187]

Chart attached.

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[whity3187]

According to my price analysis, the chart of BCG is looking very bearish. I don’t want to say the target here.

[whity3187]

Today was the largest number of shares traded and also the most shares delivered in the last 365 days. God only knows, what is cooking.

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[whity3187]

Higher delivery volumes without much rise in stock prices, would normally turn out to be manipulation.

[whity3187]

Don’t you guys think such huge volumes trading at this high delivery %s without any change in trading price is abnormal and suspicious. Looks like circular trading to me. If someone were accumulating the shares, prices would have rocketed. Avg of 50L shares taken delivery almost everyday.

[whity3187]

Today 98L shares were traded highest after 5th Oct.

[whity3187]

This looks like a classic pump and dump event to me. Good news could be that the stock prices could soar within next 18 months, where these people will exit the stock in tranches. But the issue is that the warrants price is only 7.7, so not expecting much big targets in this. At last, retailers will be trapped as usual. Never heard of corporate bodies being given such a huge stake. These people could be SKR’s benamis also.

[whity3187]

For such huge delivery volumes, price normally goes up. Last few days, almost 70% shares were taken as delivery. Now queation is who is selling and who is buying. How come for such large number of trades, the prices didnt move. Very weird.

[whity3187]

Its really disappoonting the price they have fixed. 7.7 is the 6 months average price. They didnt even think to pay a premium, which means dilution is very high. Not very good for retailers.

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