ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66...

kelumhewage · 1 ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Wed Oct 29, 2014 1:53 pm

kelumhewage

Manager - Equity Analytics

Posts : 152
Equity Stars : 4958
Reputation : 3
Join date : 2011-08-12

HI expert what do u think please shall hold it or sell it i normally do day trading please make ur comment..if i hold it is it 12.rs is the conversion i have to pay and how will this rights will trade thanks

NZ BOY · 2 Re: ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Wed Oct 29, 2014 2:49 pm

NZ BOY

Moderator

Posts : 2891
Equity Stars : 14571
Reputation : 161
Join date : 2013-02-28
Location : wellington

kelumhewage wrote:HI expert what do u think please shall hold it or sell it i normally do day trading please make ur comment..if i hold it is it 12.rs is the conversion i have to pay and how will this rights will trade thanks

machan dont rights too risk only trading 5 days so dont buy rights tomorrow more selling coming

dont buy rights

RPPA · 3 Re: ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Wed Oct 29, 2014 3:01 pm

RPPA

Expert

Posts : 2565
Equity Stars : 8438
Reputation : 91
Join date : 2014-09-17

kelumhewage wrote:HI expert what do u think please shall hold it or sell it i normally do day trading please make ur comment..if i hold it is it 12.rs is the conversion i have to pay and how will this rights will trade thanks

Exit is the best. Check tomorrow morning & sell. Otherwise you will have to pay & buy the share.

kuma524 · 4 Re: ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Wed Oct 29, 2014 3:04 pm

kuma524

Assistant Vice President - Equity Analytics

Posts : 618
Equity Stars : 4657
Reputation : 6
Join date : 2014-01-23
Location : DXB

tomorrow will start more selling...........

SAWA123 · 5 Re: ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Wed Oct 29, 2014 5:19 pm

SAWA123

Manager - Equity Analytics

Posts : 113
Equity Stars : 3747
Reputation : 3
Join date : 2014-08-03

I exit very quickly coz of too risky.

May be come down to 1 tomorrrow

kelumhewage · 6 Re: ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Thu Oct 30, 2014 12:38 am

kelumhewage

Manager - Equity Analytics

Posts : 152
Equity Stars : 4958
Reputation : 3
Join date : 2011-08-12

thanks all experts...cheers..

KPP · 7 Re: ACME HOLD OR SELL IT...60000 CLLECTED AT 1.66... Fri Oct 31, 2014 12:46 pm

KPP

Senior Equity Analytic

Posts : 55
Equity Stars : 3602
Reputation : 3
Join date : 2014-09-11

I think those who bought it think today is the last date for trading the right. That could be the reason for the sell off. In fact this will trade till next Tuesday