Insider trading was done rampantly by SEBI / FM officials who had prior information that the P Notes issue will be put up on tuesday evening. This information was also leaked to several Big time FIIs who did profit booking and created Shorts on Tuesday. Tuesday was the first day in last 2 months when FIIS booked profit and sold stocks just before the P Notes issue was put out to the media . Only the common investor suffered the big FIIS /SEBI and FM officials all made money courtsey SEBI and FM. Generally most of the major stock market crashes in the last 2 years have been linked to statements made by FM , he makes a statement and the next days he retracks on the same. Statement on Cement pricing, P Notes etc. THE FM /SEBI Officals guys are bigger manipulators then Harshad mehta, Ketan Parekh
RE:Insider trading was done rampantly by SEBI / FM officials
by indresh uniyal on Oct 18, 2007 04:20 PM Permalink
Sir, I m fully agree with u this FM is biggest cheater. He is robbing the retail inverstor. Either Krvey and Indiabulls mulitple demat ac episode, cement pricing and now PN episode. This FM making biggest ever finanicial sacams.
RE:Insider trading was done rampantly by SEBI / FM officials
by abcd xyz on Oct 19, 2007 05:48 AM Permalink
i m fully agreed with you, even FM's daughter is earning lots of money, FM is robbing really he do everything with connection of big institution who manage fund to invest in market..jago india jago...it is open robbery of investors...