Paytm yet to hit rock bottom...

Lower circuit again at 480. Zomato mcap is 4x of Paytm. Let this sink...

342 is the new low after ED in action sniffing Chinese currency 💲💵💵💲 Indian startups should comply better else many more byjus and Paytm debacle yet to arrive

As expected paytm stock got stuck on lower circuit (maximum downward move allowed in a day). Insanely large selling volumes with zero buy orders.

Wassup VSS fans? PS - I lost maximum money in Paytm and lic ipo, lic recovered but Paytm will hit rock bottom. Competition between Byju n vss onnn 🚀

Are you guys selling/buying?

As per latest press release OCL, will completely move its services to other bank and will only bank with other bank. Cutting ties with their own subsidiary is something which is unheard of. I am sure paytm payments bank will be back after some cool off period and some fines. I guess this is all done to manage their stocks 📉 https://www.bseindia.com/xml-data/corpfiling/AttachLive/02a4a3a1-8cc0-4cde-a35f-d4f70ca98377.pdf

Paytm shares open at 609 with no buyers at that price. Let's guess how many lower circuit there will be. I vote 3 lower circuit and then a downward journey. So it will see 389.8 on Monday.

RBI is a big bully, everybody knows that. RBI has bullied the likes of HDFC, ICICI and a lot of fintech startups. All it wants is that these folks are compliant with the rules. RBI is one of the most stringent Central banks in the world. This also ensures a lot of financial stability in the country, sometimes overdoing the regulations. Once you fix the systems and comply with RBI, business is back to usual. This has been the trend in all the notices that have been sent across to all the different companies. Paytm should be no different. Paytm has a book value of 205. In case the stock hits a few more lower circuits, in the words of Ashneer Grover, it'll be a "Screaming buy". Every good opportunity comes with a lot of risk. The primary risk here is that Paytm doesn't get its act straight and RBI at the end of February imposes the actions that are mentioned in the circular. Next line in such a case. Well the money is lost but if they fix the necessary things within time then it's going to be a jackpot. Catching falling knives is never easy, and it's bound to hurt you, but hey, "Risk He Toh Ishq He". Next lower circuit is ~487rs The one after it is ~390rs. I think anything under 500 is great price without the RBI impact. If it hits the circuit tomorrow, I'll start buying on Monday. If it doesn't, well, salary is already credited, so it's time for some risky investment.