@Backstage wrote:@raptor wrote:Its at 14 now, so why not 15. Retailers will soon pile in and keep pushing it. I'm gonna exit at 14.5.
What I meant was the so called wider market run, once the euphoria of lower rates subsisdes shares will come down.
Yes agreed, but imho the second stage is just getting going, I feel well positioned to take advantage. Waiting now on CFVF the real star in present situation, all aspects seem to have come together now for it to surge TP 22+.
Don't dream of 22/=
JINS top 20 never changes - always the same. To get into the top 20 you only need 1m shares. So there is 67m shares or 18% held by retailers (i.e. holding less than 1m shares)
Today only 2m shares were traded. So every time the share goes up some of those retailers with 67m shares tries to exit. It's like jumping out of Welikada.
Only way to sustain JINS at a high price is if someone mops up the retailers slowly by slowly.