Book value of a stock

 

Book Value of a stock -

A stock in the market had a book value of 20 rupees but was launched at around 200 rupees via IPO and now had reached to 160 approximately.

It can further go down or can climb higher but the matter of fact who makes it so expensive and make it available for retail markets - shouldn't SEBI put a strong eye to it .

This is the power of highly educated financial analysts and more from the top 4 companies; then there is operator who can do anything and everything to a stock . If they think they won't allow a stock to go up they will maintain a short with a hefty amount and may be the stock is solid on financial parameters yet it will not go high. Only way is to counter price by another strong operator or company buyback.

This particular stock whom I am saying can go further down if QnQ performance is not great .

But let me tell you , if it is a operator favourite stock then you don't need financial acumen to go higher.

Lastly to sum it up - is following the operator an easy way to earn higher returns ?

Do correct me if I am wrong .

What is your say on the same ?

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