When the markets were at its worst and when the stock prices of all the companies were at all time low including Indiabulls securities, they announced the buy back at a price of 33/-. All the stocks have gone up 3 fold, 4 fold and 5 fold also. What are you dreaming comatose ? Buy Back will never happen at a price of 33. The operators will never allow it to go to those levels where the trigger will be activated. Remember its not only the investors portfolio value goes down but also the operators. If you are worried about the buy back that the company might not buy back at 33 then why dont you sell at 35.80. Still it is a higher price then the buy back price. Even if the stock touches 33 and below it will be only to fool the innocent investors into selling who knows nothing about how the stock operators work. Nothing has changed fundamentally in this company that the price has to fall to these levels when the sensex is at 17000. Common comatose, tell us with which operator you are linked
Dear Guest, you should know a few facts about operators. The companies they deal with need to have the following :
1) High owner stake
2) Low floating stock
3) No FII or MF role in the company.
If you have any idea of the method of working by the operators, you would know the reasons for the above. IBSEC has no role for operators because it does not meet their basic requirements at all.