Paytm shares have been falling continuously ever since the company made its entry into the stock market. The price of its shares has gone down by 75%!
It has even become the world's worst-performing share after its IPO. Did you buy this share as well? Or is there someone else that you know who did buy Paytm shares/get Paytm IPO?
Or do you have any advice for someone who brought this share or any other stock that may give such a big loss? Let's have a discussion in the comments section.
Stock Markets
IPO
Finance
1
Entire community was screaming not to buy this stock. Even many experts told retail to stay away from this stock. It was nothing like Reliance power when everyone were asking to subscribe. Even after that if people bought this stock, its on them. Greed.
People generally believe that popular companies are bound to perform well sooner or later and this triggers their greed. Something similar was seen with LIC IPO too where investors initially thought that it would perform well since it's a gov. company.
Though people still think that it would grow in the future
Did you buy this share as well? NO
Or is there someone else that you know who did buy Paytm shares/get Paytm IPO? Yes
Or do you have any advice for someone who brought this share or any other stock that may give such a big loss? Sell it off. They have no real business model, sirf user data sell karo and sirf marketing hai
PayTm Mall - Flop
Paytm recharges - commission business, user will use app with most discounts
Paytm CC linked business - Wallet loads, CC to bank transfers etc etc...MDR/Fee business.. initially provided free but user wont continue using it if 2-3% fees are applied..
time to accumulate...Fii's loading..
Mera shaap laga hai kyunki mereko cc sideload karne nahin de rahey isliye shares falling 
Just kidding.
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