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Dumping the stock on news behaviour (1)   15-May-08 13:24Tracked by (0)  
Posted by:   Amblin on ( 15-May-08 13:24 )
Price : BSE: Rs 1881.50 ( 3.02 % ), NSE: Rs. 1881.00 ( 3.07 % )
some intelligent market forces are now adays adopting the technique of DUMPING THE STOCK

ON NEWS, means when any good news comes in newspaper about a particular stock (may be

that news is printed by them only) recent examples are ZEE news, when its news of 40%

profit up comes the stock falls from 243 to 210 within 2 days the forces which hold stock

earlier sold it heavily on the increase profit news. afterwards when everyone stop buying

the stock when it lags at 210-215 they again buy it, just think about those guys who buy

the stock in morning after reading the news of zee entertainment profit up in price range

of 243 to 245. after 1 month it again come to level of 233. stock falls on positive news

in some cases where this behaivour takes place.
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  • 18, 17:30
  • Last Price
  •     Change
  • Volume 
  • BSE
  • Rs.1548.10
  •  -34.75    -2.20%
  • 606494 
  • NSE
  • Rs.1547.40
  •  -34.90    -2.21%
  • 2167331 
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