Did any of you "lose out" ij the Reliance Power IPO that listed today.
By Pitstop
@pitstop (15551)
Australia
February 11, 2008 12:41pm CST
You can read the news here
http://www.rediff.com/money/2008/feb/11rpower.htm
It was said to be the biggest IPO in Indian history and people were expecting to almost double their money with the IPO (retail) getting listed today. But what a shocker that soon after listing the share prices just crashed!
Any of you lost out because of this?
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1 response
@raghwagh (1527)
• India
12 Feb 08
I have not invested in this IPO, but one of my friends has invested. But what I think that this will be a loss for people who were thinking for a short term gain. Actually this IPO is good for long term gains. As a opportunity I think it is the right time to purchase the shares as it will be at low cost and will gain a good profit in future. What Do you think?
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