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Saturday, December 04, 2004

For Gamblers :-)


Here is the one for gamblers. All the recent IPOs seem to follow the same pattern. Apply for the IPO and get some shares allotted. Sell immediately on listing. Wait for a week for correction. Buy again. Looks like t he same pattern for ICICI, TCS, Indiabulls, NTPC - 3 that I can recollect immediately. Maybe there are more. The important thing to notice is most of them are quality issues.