A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
This Sunday morning,I was ‘googling’ to see if the validity of the Scheme of Amalgamation of Sesa Industries with Sesa Goa was extended beyond October 31,2009…a host of sites came up on the search I happened to click on one of them… www.multibaggerpennystocks.com …. imagine my surprise when I saw that their lead analyst in Noida …
No matter the ‘nasha’ generated ,rather provoked, by most media,brokers,advisors,companies,bureaucrats,ministers et all…..simply don’t be in any hurry whatsoever to buy into Equity…when liquidity and sentiment,more than valuations,drives the momentum and when you receive an alarming quantum of unsolicited Equity advice,then it’s time to be wary…even when you hear an ‘iconic’ investor being contrary for the sake of …
Don’t be in any hurry to Buy into Equity…stagger,if at all Read More »
Economic Times has a very timely article in today’s edition warning Investors not to fall prey to a whole lot of Equity Advisors that have sprouted out like worms out of a rotting woodwork…Most of them are rackets…simply fradulent and serve vested interests…most lack depth,whatever their basis of advice may be…astrology,technicals or fundamentals So beware of …
Beware of Equity Advisors coming out likes worms in a rotten woodwork ! Read More »
Phew ! just blogged on Sesa Goa last night,actually very early in the morning…..blogging again…Economic Times edition today has reported that the Government has asked the Serious Frauds Investigation Office, (SFIO) which is part of the Ministry of Corporate Affairs,to probe Sesa Goa…The MD,P K Mukherjee says he is unaware of any such order and …
Economic Times reports this morning of a Government Investigation into Sesa Goa Read More »
Ashish has raised a very serious query whether Monies are safe Investing in Sesa Goa for a year,given the controversies surrounding the Vedanta Group….Sesa Goa has reacted from a recent high of Rs 362 to Rs 315 and there is a real fear it may soon move below Rs 300 in the short term….significantly so So …
Sesa Goa at Rs 315……Careful you don’t step on some ‘Mines’! Read More »
Australia just won the Vadodra ODI by just 4 runs and lead 1-0 in the seven match series….They piled up 292 and the Indians replied with 288/8…It would have been an improbable win had the Indians pulled it off and scored the 9 runs required of the final over All seemed lost at 201/7 ….but none …
Bowlers,Harbhanjan Singh and Praveen Kumar should open the Batting ! Read More »