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Thread: View on NTPC, before FPO

  1. #1
    NewBie
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    Default View on NTPC, before FPO

    Can we buy NTPC now because NTPC FPO is coming in early Feb'2010? Due ti this the stock would go upward in short term.




  2. #2
    PW Stalwart Manish_Kumar's Avatar
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    I would not think this is a good strategy, It's mere speculation investing. Always go for long term in the stock market.
    Everyone has a scheme of getting rich.. Which never works.

  3. #3
    Moderator Rahul's Avatar
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    Quote Originally Posted by rishi View Post
    Can we buy NTPC now because NTPC FPO is coming in early Feb'2010? Due ti this the stock would go upward in short term.
    If you haven't bought it, buy it tomorrow. Its very solid PSU stock. Buy and forget. And enjoy the returns.
    Happy Investing.
    |Jargon Buster|Before you post, please read the FAQ and the sticky posts on the board you wish to use.|Blog|

  4. #4
    PolicyWala Newbie
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    Your view now. Its going down - might reach below FPO price.

  5. #5
    PW Stalwart >take's Avatar
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    Quote Originally Posted by Pankaj View Post
    Your view now. Its going down - might reach below FPO price.
    Better avoid! In correction, you would find it below issue price - 201. Wait and watch.

  6. #6
    NewBie
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    Question

    Guys - What do you say about NTPC? It's near FPO price, last traded price - 202.4.


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