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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » RGEM order book

RGEM order book

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1RGEM order book Empty RGEM order book Mon Aug 15, 2011 10:44 am

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
AS some who have RGEM have seen for weeks there is a sell order over 300k which if you only take the top foreign share holder has! Most of the people was thinking he is a new collector while I did at first also!

But after observing i beleive these shares belog to 2 people namely
3 Mr. E Naftule 183,010 7.63
4 Mr. N Naftule 183,009 7.6
If you check the order book the selling order always have splits and not a single sell order! Although I'm sure RGEM will show great results I fear this might be some people who really wanted out maybe and have sold about 50k of their shares!

2RGEM order book Empty Re: RGEM order book Mon Aug 15, 2011 8:59 pm

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
may be you r wrong... because first three or four major share holder are run the company. So they don't want to play with their stocks.

recently the company appointed new director. may be he collect those stock and play..

What ever very clearly we can see .. he is collecting more and more shares put his big sell order ...So RGEM is really good one...

I try to say about RGEM when its traded from 82/= 85/= level.. now nearly 110/=

I did more than 4 times trading with this share.. still I hope it will go further up ....

3RGEM order book Empty Re: RGEM order book Mon Aug 15, 2011 9:37 pm

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Not sure about this after 100 but below 95 it looks safe on a short term deal..

4RGEM order book Empty Re: RGEM order book Tue Aug 16, 2011 9:18 am

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I also bought a lot average around 93 and sold at 109 yesterday after I realize maybe he might not be collecting.
Also other reason I sold was because last time also the share went to rs 120 and collapsed when he sold in big numbers! I think I'll collect again a bit depending on market price it seems better to wait for the quarterly results!

5RGEM order book Empty Re: RGEM order book Tue Aug 16, 2011 10:15 pm

Thushara


Senior Equity Analytic
Senior Equity Analytic
Still ................. confused confused ( More than one month ) Only the person who put the big sell order know the real story behind this. I also played with this share and also hoping...



Last edited by Thushara on Tue Aug 16, 2011 10:23 pm; edited 1 time in total (Reason for editing : Add more coments)

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