wy idl dont have buyers sellers?

natsume · 1 wy idl dont have buyers sellers? Tue Oct 25, 2011 12:02 pm

natsume

Senior Equity Analytic

Posts : 89
Equity Stars : 4787
Reputation : 1
Join date : 2011-08-31

?

Slstock · 2 Re: wy idl dont have buyers sellers? Tue Oct 25, 2011 12:07 pm

Slstock

Director - Equity Analytics

Posts : 6610
Equity Stars : 13380
Reputation : 1158
Join date : 2011-01-22

Can you guess wht is happening.
A totally neglected , negative profit making company is suddenly bought by some party at lower price. Then each day we see few hundred shares are sold at 49% higher!.

Can we guess what will happen next.

bakapandithaya · 3 Re: wy idl dont have buyers sellers? Tue Oct 25, 2011 12:13 pm

bakapandithaya

Vice President - Equity Analytics

Posts : 1447
Equity Stars : 7434
Reputation : 58
Join date : 2011-09-17

slstock wrote:

Can you guess wht is happening.
A totally neglected , negative profit making company is suddenly bought by some party at lower price. Then each day we see few hundred shares are sold at 49% higher!.

Can we guess what will happen next.

This is also some kind of manipulation?

godswen · 4 Re: wy idl dont have buyers sellers? Tue Oct 25, 2011 12:24 pm

godswen

Senior Manager - Equity Analytics

Posts : 469
Equity Stars : 5522
Reputation : 65
Join date : 2011-02-02

bakapandithaya wrote:
This is also some kind of manipulation?

What do you think? :p

Navara bought this at 27.50 last week! Now 196% capital gain gain in their books!

http://forum.srilankaequity.com/t11615-navara-buys-idl?highlight=navara

Awesomeness!