Great thread!!
pls do read
pls do read
https://twitter.com/niteen_india/status/1309333482221510656
was discussing low flow issue with a very intelligent investor
he told me something very insightful
#ITC & #LnT he said suffer from the problem of "high" float
and "bad" large stakeholders
The high float makes it difficult to manipulate and there are no "pumps" before a dump
he told me something very insightful
#ITC & #LnT he said suffer from the problem of "high" float
and "bad" large stakeholders
The high float makes it difficult to manipulate and there are no "pumps" before a dump
and for ITC the sarkar is always talking it down
saying will sell SUUTI stake , creating downward pressure
saying we will tax tobacco more, more pressure etc
these high float stock, are in a way "orphans" where no one has high stake and motivation to push up the stock...
saying will sell SUUTI stake , creating downward pressure
saying we will tax tobacco more, more pressure etc
these high float stock, are in a way "orphans" where no one has high stake and motivation to push up the stock...
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