A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Lok Housing is on lower circuit at Rs 24.35 today on the BSE on news that it is facing an Income Tax Liability of Rs 100 crs on Income that was not disclosed On July 7,2008,I had blogged on Lok Housing crashing from Rs 400 to Rs 44 inside six months querying as below “What’s …
Lok Housing now faces Rs 100 crs Income Tax Liability on undisclosed Income Read More »
What are you trying to chase here?…the Sensex…..you’re sliding on it…you’re not playing the Sensex…it’s playing you!…you never caught it when it was 3000 or 5000 or 6000 ! …you never shorted it when it was 21000 or 18000 !…It’s now back into four figures and below 10000….. What are you trying now ?
Exactly 21 years ago on Monday,October 19,1987 the Dow Jones Industrial Average sunk 508 points or 22% in just one day…Black Monday The Genesis was the Easy Money and Junk Bonds to create leverage to buy out Companies and the rampant Insider Trading prevalent…an era of Greenmailers Nobody ,and I mean Nobody, has consistently predicted …
It’s 21 years today since Black Monday on Wall Street…October 19,1987 Read More »
Equity markets Collapsing has taken it’s toll on Mutual Funds too in many ways Redemption Pressures are High forcing Equity Sales and Increased Borrowing at higher rates No Takers and Markets for New Schemes NAVs under relentless pressure on relentless selling Access to Financing restricted as risks of counterparty exposure limits being breached and overleverage play …
Just yesterday,the Senior Editor of one on India’s most respected Investment and Finance magazine called me yet again….” Is this 1000 point rise in the Sensex on Monday and Tuesday fake or is it for Real ? : he inquired In June 2008,the Country Bureau Chief of China’s biggest National News Agency came to vist…he had …
When the Indian & Chinese Media came Calling …….Pivot Sensex indicated at 9000 Read More »
Investment Guru,Mark Mobius, calls for an end to Short Selling…”Short Selling is Not Investing.We have to seperate Investing from Gambling……We’ve got to get back to the fundamental concept of the stock market-the supply of Capital,the raising money for Growth” says he. Mr Mobius,with due respect to your justified sentiments in these troubled times,I disagree. Although I …
Investment Guru Mark Mobius calls for an end to Short Selling…I disagree Read More »