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Old 02-18-2009, 09:18 PM
Igor Chudov
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Default Re: Buy back of reliance infra and eicher

On 2009-02-16, vikas <123.vikas[at]gmail.com> wrote:
- quote -

> Eisher motors says to buy 14 lacs shares [at] 691 . The share is
> currently [at] 285 or so .
> If I purchase it now will i be able to sell it [at] 691 .
> Similarly rel infra says of buy back till 15 april upto 700 Rs per
> share . Is it from open market ?
> If u r a trader is buy back a criterian to rush for the share ?


If you cannot even type your question properly, how would we know that
you will care for an answer?

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Old 02-16-2009, 04:50 PM
PeterL
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Posts: n/a
Default Re: Buy back of reliance infra and eicher

On Feb 16, 6:21*am, vikas <123.vi...[at]gmail.com> wrote:
- quote -

> Eisher motors says to buy 14 lacs shares [at] 691 . The share is
> currently [at] 285 or so .
> If I purchase it now will i be able to sell it [at] 691 .
> Similarly rel infra says of buy back till 15 april upto 700 Rs per
> share . Is it from open market ?
> If u r a trader is buy back a criterian to rush for the share ?



Let's put our thinking caps on for a minute.

Someone is offering to buy something at 3 times it's selling price on
the open market. What do you think the immediate effect on the price
of that item in the open market? I would think that it would rise
immediately to match that offer.

And why would someone offer to buy something at 3 times the price that
it's selling on the open market anyway?

  #-1  
Old 02-16-2009, 01:21 PM
vikas
Guest
 
Posts: n/a
Default Buy back of reliance infra and eicher

Eisher motors says to buy 14 lacs shares [at] 691 . The share is
currently [at] 285 or so .

If I purchase it now will i be able to sell it [at] 691 .

Similarly rel infra says of buy back till 15 april upto 700 Rs per
share . Is it from open market ?

If u r a trader is buy back a criterian to rush for the share ?

 
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