Very rightly said, promoter stake has reduced by half since Mar 11. I was lucky to book only 15% loss at 26, will never enter this scrip even if its at Rs 2....

See 10 years chart.This stock was in same situation in 2008,2009.but got support in 20s and bounced back.I think this will bounce back and get 100% return for short time.Bu i haven`t entered yet.Waiting for a clear indication....

morningstar sir, I have noticed that the day it is falling you are very active. But on rare days when it does not fall or actually rises you are silent. I was wondering weather my observation is correct and if yes then what could be the reason....

Would this be a good day to sell some?? Specially for all those who did not get an escape route earlier!!...

are you an expert in investing in all ill stocks you are in acro also...

ho the directors did not attend the court since they were busy in passing resolutions to raise money and make new fools ...

But it is good for me let them pass resolutions to raise money equal to Indian GDP why only 1090crore they have passed many resolutions in past 2yrs to raises money but all turned into trash this will also turn into trash ...

Yes indeed. will exit after hit my target. Otherwise I will keep money in this company. If i lost everything I invested no matter. I trust the company....

can they tell us how they got loss 271 Cr, A trading company never got such loss until they purchase a good and got cheated by others... their balance sheet is deceiving investors.. he already have enough money and would like to throw this company..inside this company some manipulation is happening, government or CBI must raid this company for sake of investors.very bad....271 Cr loss?? I could not digest properly......

Indian markets are not Regulated financial markets. Ketan parekh, harshad mehta, dhirubhai ambani etc are exp. of market riders. Anything can happen here. Ambani shows figures on paper. Even government show figures on paper. There is no Regulation at all, if there was then some authority could ask varun why its investor been cheated....

This was one of the biggest fraud magazines giving dubious recommendations in collusion with promoters/operators. They have ruined many lives!!!!!!!!!!!!!...

Not a flipflop but a sudden powerful whirlwind which will such you down to the depths in seconds!!!LOL!!!...

Why is the CLB and Comptroller of Accounts not getting into the investigation act and come out with the clear facts. On what basis did reputed institutions lend money against pledged shares when there was such huge amount of trading amount involved in the financials rather than real production of goods???...

The market is giving final respect to a baby of hers before saying the final by bye!!!!Now it is for each to decide whether to join the baby or pray for the baby???...

What do you mean by support for a stock in which all financicals were fudged?????????This will remain alive in getting manipulated in the hands of traders and manipulators till the listing fees are paid and then laid to rest!!!...

Open manipulation and cheating!!...

Eduardo Saverin, the Facebook co-founder who became a billionaire on Friday after the world’s largest technology initial public offering, said he never believed his $30,000 investment would go so far. “Something I would’ve never imagined was when I put all my life savings into the
company, that it would have been an IPO at this level,” Saverin said by phone from his home in Singapore. “You never imagine that $30,000 accumulated through your life, through gifts and birthday parties and other events, and investing it in the company would create this type of returns.”
Saverin, 30, was part of a group of students at Harvard who in 2004 started the social-networking site now used by more than 901 million users. He renounced US citizenship in September.
His stake is likely to be worth $2.9 billion, based on the company’s 1.9 billion total shares outstanding with the IPO. Facebook boosted the offering’s price range to as much as $38 a share. The shares began trading on Friday under the symbol FB on Nasdaq.
Saverin owns about 4% of the company, according to whoownsfacebook.com. He declined to discuss his percentage, the valuation, or how much tax he will save by dropping US citizenship, which according to a Bloomberg analysis is at least $67 million.
Co-founder Mark Zuckerberg could be worth more than $20 billion after the IPO, giving him a fortune comparable to those of Saudi Prince Alwaleed Bin Talal and Amazon.com founder Jeff Bezos, according to the Bloomberg Billionaires Index. Google co-founder Sergey Brin is worth about $19.1 billion.
Saverin, a Brazilian national by birth who moved to the US as a child, became a US citizen in 1998. He said he relocated to Singapore in 2009 because it’s an easy place to live, people speak English and it’s a travel hub.
“I did not think once about my position related to tax savings,” he said. “The whole idea that that was important to me or part of my consideration is not accurate.”
Renouncing US citizenship was about “simplicity of focus so that my time and efforts can be spent on what matters to me,” he said, including investing in new early-stage technology startups, such as Facebook.
...

Very clear because, if the mine acquisition was cancelled, how did they not get the advances etc. back immediately and where is that money!! Can you expect a co. which until last quarter was posting excellent results, incur a loss of 271cr!!OMG!!!...

This Acrow IPO was heavily manipulated from the time of listing, hence Acrow will take a lot of time to gain public confidence. Also, if it fails to declare a dividend then see the fun...................this is a fact not fiction!!!...

Dear ramanathji, assume you were on the payroll of Varun as co. secretary and somebody as a shareholder would call up and ask about the working? What would you answer?

Till the day of the final journey, they will say everything is okay!!LOL!!!!...

Once the entire juice is sucked out, the co. will default on paying exchange fees and automatically get delisted!!! Actually such type of dubious promoters want that the entity gets delisted so that they are out of the public memory forever. Then after a short period of hibernation and relaxation, they will come out with plans of another dubious project!!!...

I remember when the Infosys IPO was being sold, Narayanamurthy was finding it difficult to get full subscription. Even same with Dr. Reddy. I know of one person who invested in IPO of Dr. Reddy, got full allotment and is keeping it till today!! His holding has gone up to 3500 today plus he gets lacs as tax free dividend. His wife and children are enjoying the fruits now!!!...