#YesBank As per SEBI regulations, any investor who buy more than 0.50% stake in any company should disclose the details.Key persons involved in it,who wanted to exit their stake at higher price, very well know that when his investment news comes out,every media will talk about it
many retail investors will go after #YesBank, so that other key people can dump the stocks at higher price and come out. When #RakeshJhunjhunwala net worth is 1000s of crores, why should he invest just Rs.87 Crores alone?
When an outside investor like Rakesh Jhunjhunwala is so confident, then why a key person like CFO of Yes Bank should sell his Rs.1.36 billion stake in the company for last 2 years silently ?
All these big investors portfolio are well diversified, so even something goes wrong in any company, they are not going to lose considerable amount.
In the case of @porinju, his bet on small cap stock #LEEL gone bad where he lost 80% of his investments in it.
YesBank dropped from Rs.380 to Rs.180 in couple of weeks & again moved up from Rs.180 to Rs.280 levels in short span of time, later it started going down. Now after reaching Rs.30 levels, the stock showing signs of similar up move, more selling could be expected on the upper side
Only if Yes Bank is able to sustain this selling pressure, it can move up further, or else it can again resume its downtrend. Its wise to ignore such big #investors stake buy news and focus on the stock price trend and make decision.
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