SillyPanda
SillyPanda

Mama Earth IPO 🤔 - Short Sell

Promoters and investors are trying to exit at lofty valuation. In reality, everyone knows they just need money. Company’s operation and sales are at best a gimmick in fiercely competitive FMCG space. Let alone subscribe, I am planning to Short this clown intraday. Who else is thinking to kick this dog and make some bucks !?

Me too
No I shall pass.
I’ll subscribe it
730 votesexpired
25mo ago
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PeppyMarshmallow
PeppyMarshmallow

How do you do that? I know the concept, but what’s the execution plan?

SillyPanda
SillyPanda

Simple, see it won’t be available on Futures and Options. But you can short it Intraday. Learn charts and little technical analysis, See if stock is heavy bearish for the day and Sell it intraday from your brokers account.
Zerodha, Upstox etc all brokers let you sell the share intraday (with some leverage :)) as long as you close it (buy it back) by EOB.

GigglyDonut
GigglyDonut

EOB is what?

QuirkyNugget
QuirkyNugget

It won't be possible to short it in the short term and maybe even in the long term ;)

SillyPanda
SillyPanda

Can be done on Intraday but Technical should support.

GoofyCupcake
GoofyCupcake

Shorts can only be done on derivatives right ? Otherwise isn't it just that you're going to loose money of you're trading equity only.

I'm not so sure. Would love some clarity on this if possible.

As far as I know short positions or equivalent (buying a put) can only be done on derivatives and we're a long way from a derivative product on newly IPO'd stock.

CosmicLlama
CosmicLlama

I don't want it even if given for free. Ghazal doesn't even behave like a promoter. She cannot even Converse properly I doubt her contribution in developing this business.

SillyPanda
SillyPanda

C’mon she is there to ā€œSUPPORTā€ her husband. šŸ˜‰

GroovyKoala
GroovyKoala
Acko25mo

This has some WallStreetBets vibes

SillyPanda
SillyPanda

Money is honey ! šŸ¤‘

FuzzyJellybean
FuzzyJellybean
Google25mo

What if the stock pumps up that day?

SillyPanda
SillyPanda

That’s why technicals will be first focus. If it’s their day then gonna let them pass for now !
Kabhi to unt aayega Pahad k niche šŸ˜‰

FuzzyJellybean
FuzzyJellybean
Google25mo

If do have a feeling that it's gonna bomb but not that much

PeppyNugget
PeppyNugget

It wont be available in FnO. Not all stocks are available in fno

SillyPanda
SillyPanda

Intraday dude

SillyPanda
SillyPanda

Dude I won’t subscribe at all. This IPO
is fraud !, I’m planning to ā€œShortā€ the shares after IPO. Google the concept ā€œShorting securitiesā€

WobblyDumpling
WobblyDumpling
Amazon25mo

I don't think every stock is available for future and options but I understand your sentiment 😜

SillyPanda
SillyPanda

I am gonna hunt this in Intraday šŸ˜Ž. Technical sirf support kar de šŸ™šŸ»

JumpyHamster
JumpyHamster

I am sure in 6 months it will lose 60% of kist prices.

If recession hits it will lose 80%

ZippyBiscuit
ZippyBiscuit

Doing intraday shorting might lead to loss. But shorting this long term will be profitable. But I don’t think individual investors can do that here.

SillyPanda
SillyPanda

Agreed. It needs some training and experience with charts. I’ve been doing it consistently since long so wanna try my hand this time.

DancingHamster
DancingHamster

Agreed with OP.
Intraday short work out but don’t do it right on the listing day, let the charts form for atleast 3-5 business days.. then hammer it hard

I’m InšŸ’°

SillyPanda
SillyPanda

Couldn’t agree more ! Technicals will be on focus šŸ¤“

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