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 MumbaiChhokra on Oct 18, 2007 05:57 PM Permalink
You said it..very well articulated.It's only the small invesotrs like us who suffers because of this.FM must have earned millions by leaking this news and all knows that.
RE:Insider trading was done rampantly by SEBI / FM officials
by saravanan manivel on Oct 18, 2007 06:55 PM Permalink
I totally agree with you. We cannot expect something else from a Politician . He is there to make money....small time investors are the scape goats. Another example would be taxing the salaried class as they are helpless.
RE:Insider trading was done rampantly by SEBI / FM officials
by Puneet Gupta on Oct 19, 2007 11:46 AM Permalink
how i wish.. some of the politicians would have killed in 13 dec attacks.. dharti par se bhoj kam ho..
