Pingu
Frequent Flyer
I have bought 100 @ 94
Is you sell it now for ~101, you will gain a profit of Rs. 700. PARTY!!!
bro... generally news becomes true. though it is speculative market but speculation are made on the right facts and not on the wrong facts.
speculations and tukka both are two different things.
Sorry. I have to disagree. Market price is triggered by a lot of parameter, not necessarily facts. This news may or may not be true in the future, but share prices will NOT be just depended on a FACT.
A classic and a really funny example of Nintendo shares. The share price of Nintendo grew like anything after PokemonGO was released in the US. But right before the game's release in Japan, Nintendo clarified that they didn't own a majorty in the game but Niantic and this news just dropped the price than before.
So, like I said, never based entirely on facts.
Source
Nintendo shares dive as company plays down Pokemon GO's earnings impact| Reuters