Too much over enthusiasm and hence drastic results. Same has been the case with Thinksoft Global as well, infact bigger than that ...
The stock was coming into Trade to Trade segment from the EQ segment. Whenver this happens, it turns difficult to manage the prices and hence operators knowing about such things in advance, they cash on it. As usual making a fool out of retail investors, because the retailers got a "tip" from someone about Thinksoft at 500, that its going to 700-800!!
Thats the way scrips are always distributed, whichever scrip it may be.
I cannot disclose anymore details about this on a public forum about what exactly the scene is, but yes I can tell you that theres NOTHING WRONG WITH THE COMPANY OR THE BUSINESS overall.
I would be a buyer myself, but slow and steady ..