A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Thanks to Blog Reader Shahzad Vasaigara for this one…….and thanks Shahzad for ‘still’ reading my blog! In July 2011,SEC had communicated a four pager to Nasdaq listed and Beijing based,Yongye International Inc,a Chinese Company requiring them to reply to the points raised on the accuracy and adequacy of the Financial and Accounting Information that they …
At the outset let me disclose that this Post has been provoked by Vodaphone….Our Government giving a Clarification with retrospective effect ,effectively overturning the Supreme Court order that agreed with Vodaphone not being subject to Billion of Dollars of tax in India and Ratan Tata…..he expressed his frustration that India is headed towards becoming a Banana Republic …..but …
India is the Biggest Banana Republic !…Surely Vodaphone and Ratan Tata would agree ! Read More »
This Invitation Board at a Dry Cleaners in Bangkok could well be put at the entrance of BSE and NSE ! ” Drop Your Trousers Here For The Best Results ” Quick Service…Same Day Delivery….Promise to wipe you clean and get neatly ironed and laundered by our Sensex and Nifty !…or if you prefer exclusive one …
Laundered by the Sensex and Nifty !…and Infosys ! Read More »
Being saying this for a while now….Bottom Up as Top Down may not produce strong returns in the short term….this is being indicated even now….be Stock Specific,rather than bet on Indices…keep a longer term perspective…You begin with Rs One Lakh and whore it technically or fundamentally on the bourses every single day,churning trades in and out …
My Grandfather named me ‘Gaurav’ way back in 1962 when I was Born…My Name has been mauled several times since then ,even on Gender….’Gauri’,for instance !….shortened to ‘Gaur’,for another…no connection with JP Group Promoters….even Surname has been murdered to ‘Prik’ from ‘Parikh’ !…this was not deliberate,though some of you may chuckle it was !…even commonly to ‘Parekh’…no relation …
Tough Macros are now reflecting in Micros…Signs are Ominous for the Sensex at 17500 and Nifty at 5300 levels…Kindly exercise caution and utmost discretion when taking risks,especially on the long side….stop loss may be triggered….don’t be swayed by the record FII Inflows in the first three Months of Calendar year 2012…Going Short has been indicated …