Stocks To Keep A Close Eye On
- Thread starter SavantGarde
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- Tags afl amibroker
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Unitech 2G Scam
Looks like Unitech 2G's Scam is too Big. Either they need to pay a penalty of 6000 cr or return the license. Either way it will break their back and those of who invested in them. Revocation of licenses will ruin India's image globally too. I strongly feel that Insiders must be exiting Unitech shares before the scam news came out.
Now coming to the point :
1) This can cause unitech to really CRACK. If 65-68 ( which is very strong support for Unitech ) is broken it can really go down to 40's or 30's.
2) People who are holding Unitech Longs at 90 to 92 and did not exit must be ready to get heart attacks soon.
3) This is a good example of how Stop Loss can be a life saver and that one should NEVER Disobey Stop Loss.
4) This is a good example of how one can loose his Pants in Share Market.
Looks like Unitech 2G's Scam is too Big. Either they need to pay a penalty of 6000 cr or return the license. Either way it will break their back and those of who invested in them. Revocation of licenses will ruin India's image globally too. I strongly feel that Insiders must be exiting Unitech shares before the scam news came out.
Now coming to the point :
1) This can cause unitech to really CRACK. If 65-68 ( which is very strong support for Unitech ) is broken it can really go down to 40's or 30's.
2) People who are holding Unitech Longs at 90 to 92 and did not exit must be ready to get heart attacks soon.
3) This is a good example of how Stop Loss can be a life saver and that one should NEVER Disobey Stop Loss.
4) This is a good example of how one can loose his Pants in Share Market.
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1) I am shelling out everything I have earned in my 9 years career as a Software Engg in India and USA just to buy a Flat on 7th floor at a place which is 40-50 kms away from the heart of Delhi and as of now nobody lives in that area except birds and insects. Possession will be given after 3 years If I am lucky(with odds of less than 5 in 100).
# I could have bought a 3 times bigger House with complete land rights in the heart of Denver with that much money (immidiate possession).
2) Here , I will be spending half of what I will earn monthly in Kids Schools / Petrol and Electricity which is almost free(Negligible) in Denver.
3) My total travel time to office will increase from 7 minutes to 2-3 hours a day. Work Load and Office politics are also things to compare.
4) I have a Micro Preemie Daughter who is rare to be born in India and she gets infection every 2-3 weeks in India and I have to run to doctors who will just spend 1-2 minutes with you and will get irritated in answering any of your questions. They will just give you a prescription without even checking the temprature. They are least interested in the root cause. So everything is raam bharose.
5) India has nearly 10% Inflation and US has nearly 0% inflation. (In fact things become cheaper every year)
6) Not to forget the Blondes
(These are just few things I could recollect in last 45 minutes , I am sure there will be so many others)
India is only for Rich people(like mr. ess gee) and middle class like us have just struggle at every point. Even below Average people have much better life in West and opportunities for business and what not.
# I could have bought a 3 times bigger House with complete land rights in the heart of Denver with that much money (immidiate possession).
2) Here , I will be spending half of what I will earn monthly in Kids Schools / Petrol and Electricity which is almost free(Negligible) in Denver.
3) My total travel time to office will increase from 7 minutes to 2-3 hours a day. Work Load and Office politics are also things to compare.
4) I have a Micro Preemie Daughter who is rare to be born in India and she gets infection every 2-3 weeks in India and I have to run to doctors who will just spend 1-2 minutes with you and will get irritated in answering any of your questions. They will just give you a prescription without even checking the temprature. They are least interested in the root cause. So everything is raam bharose.
5) India has nearly 10% Inflation and US has nearly 0% inflation. (In fact things become cheaper every year)
6) Not to forget the Blondes
(These are just few things I could recollect in last 45 minutes , I am sure there will be so many others)
India is only for Rich people(like mr. ess gee) and middle class like us have just struggle at every point. Even below Average people have much better life in West and opportunities for business and what not.
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