to create stock market scams. But with the FIIs and pnotes in the picture you don't need a Indian face behind these scams, as anyone anonymously do this, hell it could be Dawood doing it thru benami accounts.
Last year right after the Reliance Power IPO the floor came off for the stock market. This time I am told after the Reliance Infra IPO the same might happen.
There is a IT company by name Allied Digital of Mumbai and the Shares were trading at less than 150 and the company was unable to pay salaries in time and revenue losses were mounting. Now the share prices has gone over 340 and still they are not able to pay Salary even now and struggling to get business. This is one example as to how the stocks are rigged in the slow market also. Beware, the next drop will kill everyone.
Re: Allied
by raj bhatia on Jun 04, 2009 06:41 PM
dEAR FRIEND - in today's world, it is not the performance of the company, which is evaluated - it is the promoter how best they can manipulate and have their brokers deployed to do the jugglery. You will see many companies with 3-6 crore turnover out of which they show 80% as profit to jack up EPS and their share price is around 200 to 300 - simple traps for aam admi.
Today market has closed above 15000 mark . It is not because of Bull Run or Congress govt it is only because of foriegn hand.ie FII. market has doubled in just 2 months time .It is bubble created with foriegn money whcih has taken the steering of our stock markets .We are prey to greed & feer & FII understands that. At 7700 nobody was investing now everybody is willing to invest. Better sell your investments in current bull run & invest in next bear phase. Dont fall prey to greed & fear factors .
If the fundamentals of a company is not strong, then how its share value can increase? It can, the manipulations by the greedy brokers , FII and the politicians can take the sensex to dizzy height and they will collectively decide to book the profit and Sensex will crash. We the small investors will be back to square one
Since there markets are already saturated, now they are fully dependent on India & China for open looting Be careful before investing your hard earn money
Re: Why FII are interested in India & China???
by pepepopo on Jun 04, 2009 05:46 PM
China is slowly loosing respect,since it is mighty country.Indians are gaining repsect,Since India is not good enough to play politics with other countries.
