@Teller wrote:I feel lot of people will burn their fingers. RGEM has no value at all because of its iliquidity its running. BOGA,EQIT are the same. If you can remember your past, see how many people got losses from these counters. Once you struct with these shares you will loose your sleep. There are enough good counters at the market. Foreigners are selling SHITS....locals are buying SHITS....
In a stock market there are two kinds of stock. Investment grade stocks and trading stocks. Trading stocks pattern is that people buy and sell for a profit solely treating it as a commodity. Investment grade stocks are where people invest for future value.
RGEM is a trading stock same as BOGA. People who are buying this will sell in short term either to make a gain or to cut loss. That's how it goes. In a stock market which lacks a clear up move what are more demanding is these trading stocks rather than investment grade stocks.
You will never go wrong if you deal with them knowing the merits and demerits. Also be remember not to buy a stock when it gone 50% or 100% within couple of days. That is we call gambling.
So I think people are mature enough to identify this phenomena.