A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
If you are a leading broking House,what would you do if the Going is so Good and you are to shortly launch your IPO at a very High price and expect the listing to be at double that price ? Obviously unethically try to corner shares and limit floating stock and ofcourse play with your …
Leading Broking House first flatters and then shatters key employees! Read More »
Domino Capitulation !…Following Global Indices our Sensex too plunged 11% to close below 9000 at 8701.07, down 1071 points As I blog this,the Dow has opened 5 % down in New York….if the Dow closes weak today, you know the fate of our own Sensex on Monday !…”Dow”n with the Dow ! Alright so we’re …
Domino Capitulation of the SENSEX…The Countdown Continues 10..9..8.. Read More »
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 »
Of course we always knew this….that many Indians have been stashing away black monies in Swiss banks for decades…but when one hear’s the Quantum from the Horse’s Mouth itself it has to invoke anger Just read today’s Express Buzz coverage of the Swiss Banking Association Report of 2006 that reveals that India topped the List of Countries with it’s citizens having deposits …
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 »