Has Anil Ambani Cheated Indians by luring to invest in Reliance Power?

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Has Anil Ambani Cheated Indians by luring to invest in Reliance Power?

.
Anil Ambani lured indians to invest into Reliance Power IPO
poor indians thinking to gain from it, many new indians opened demat accounts and bought the IPO

now all are cheated!
Do you think Anil Ambani a Big Cheater?
.

surnell

Hey hey! cool! how do you think anyone can cheat in a IPO. He advertised the public issue and it is us public who invested. So what is the issue here? And it is our own greed which is to be blamed (or maybe our misplaced confidence of Reliance group).

lmdhamone

Read disclaimer statement.

prasadrbapat

I dont think he has cheated Indians, He did not gurantee that it will go up only, what he said is that he is confident that this is a passing phase and the company will do good in coming years.

greedy people created a hype about the issue, everybody wanted a quick buck. the current fall in the price is due to the global downtrend.

it is a good buy for longterm and not for a quick buck

CaptAnil

They say you can not fool all the people all the time ! This is Stock Market ! If an IPO can be subscribed in 1 minute there is some Balls in the script ! Wait till Bulls trample Bears and you will be singing a reverse tune ! greed is what did people in. How many companies gave the stock at a discount to retail investor ?

Jawahar

NO. He never Cheated.

He offered the thing he has, the mad people picked it by giving a huge premium.

The Buyer should aware.

Its a game of big people we should not enter in share market without having at least 5 year experience. One should not blame for the wrong doing of himself. If this IPO opened at high level than all those investors may be rich overnight. Only in one day you can say Reli Pow is a loosers stock. We should invest in at least 2-3years stock like ULIPS, MF

Focus

It was not Anil ambani who cheated, but the investors themselves. They were lured by the expected returns on the basis of grey market prices. These investors thought that they could make huge profits within 15 days by flipping on the day of listing. They didnot look into the prospects or fundamentals of the company in anyway. This has led to the pathetic situation of today.

kanangisrinivas

No nO. Shares will go up and comes down.You have to treat them as a longterm investment.On the whole in long term you will see profit of many folds.

Senthil K

No. The entire share market is on a down swing. Not just the Reliance Power shares.
Be patient. The share price will definitely rise, given the massive economic boom and a strong stable government.
Don't panic and come to hasty decisions.

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