Stocks To Keep A Close Eye On
- Thread starter SavantGarde
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Hi goofy
I do not own the thread about options. It was my friend AW10 which started the thread and I am one of the few ones, which still post in that thread if asked, as it is a learning thread and not a tip thread.
Being brutally honest is one of my habits, when you followed my post from the begin I joined this forum until today. Open my mouth in many situations has made many here a little bit
. So, today I am a little bit more discrete and I learned, that it makes sense at least to me. So, stay with this habit and use it when ever needed.
After going through my post, I have to say, that it could be posted in an PM to Savant. So, I really have to second that.
Thanks for your clear thoughts
DanPickUp
I do not own the thread about options. It was my friend AW10 which started the thread and I am one of the few ones, which still post in that thread if asked, as it is a learning thread and not a tip thread.
Being brutally honest is one of my habits, when you followed my post from the begin I joined this forum until today. Open my mouth in many situations has made many here a little bit
. So, today I am a little bit more discrete and I learned, that it makes sense at least to me. So, stay with this habit and use it when ever needed. After going through my post, I have to say, that it could be posted in an PM to Savant. So, I really have to second that.
Thanks for your clear thoughts
DanPickUp
Good Evening, Mr. DanPickUp
None is wiser than the one who admits his mistakes readily, that's one of my understandings about human life. And I salute you for being one. And if you felt hurt in any manner whatsoever during reading my post, I apologize. For, hurting anybody or anything has always been detestable to me.
But the bigger question remains: Why do you have to be that 'Ruby' of Kenny Rogers' song who took her love to town?
If you have anything personal to settle with Mr. SG, do it privately please.
By the way, he might be anything or everything that you are trying to say that he is. So what? Will it change what we think about Mr. SG? Not a bit.
Understand this please: For us Mr. SG is a teacher. If he calls us his friends, then it is his kindness. We are really his students - at least, I am. And no student worth his birth would tolerate what I understood from your post - and sbsequent posts.
This thread is where we tired, bruised by the market during the day, come together. We laugh, joke and share our mistakes and victories...everything. Don't make it a personal battleground, please.
I hope you would understand this, brother.
Regards
P.S. It is not a Tips thread like other dime-a-dozen on the net. So your sarcasm is unfounded, believe me. It is a learning thread. Tips are just little cherries on the cake, if you know what I mean!
Regarding setting up the Cooperative...
To setup a private limited company, it costs roughly Rs.20,000. A Co-op would be similar. Who would bear this cost? Also, since members are from different states, Co-op would need to be registered accordingly. Also, we would need signatures, relevant paperwork......These are big hurdles...and it will take many months to say the least.
Now the question is what to do?
My suggestion is that we can setup a password protected website with live chat and give members here individual username/password. Mr SG would decide who gets the username/password. Once we are in the live chat, Mr SG can advice us on the trades to be taken. This will allow him to prove his point. Also, it will teach us to be self reliant. After all, we are here to learn from Mr SG.
For this, I am prepared to bear the entire cost of setting up website/live chat with unique username/password for each member. There are roughly 10-15 active members here out of hundreds/thousands who visit this thread. I assume that they will be given priority...but it is up to Mr SG...and his decision is final. This can be done very quickly and we do not require any leg work/registration and other hassles.
To setup a private limited company, it costs roughly Rs.20,000. A Co-op would be similar. Who would bear this cost? Also, since members are from different states, Co-op would need to be registered accordingly. Also, we would need signatures, relevant paperwork......These are big hurdles...and it will take many months to say the least.
Now the question is what to do?
My suggestion is that we can setup a password protected website with live chat and give members here individual username/password. Mr SG would decide who gets the username/password. Once we are in the live chat, Mr SG can advice us on the trades to be taken. This will allow him to prove his point. Also, it will teach us to be self reliant. After all, we are here to learn from Mr SG.
For this, I am prepared to bear the entire cost of setting up website/live chat with unique username/password for each member. There are roughly 10-15 active members here out of hundreds/thousands who visit this thread. I assume that they will be given priority...but it is up to Mr SG...and his decision is final. This can be done very quickly and we do not require any leg work/registration and other hassles.
Last edited:
Good Evening, Mr. DanPickUp
None is wiser than the one who admits his mistakes readily, that's one of my understandings about human life. And I salute you for being one. And if you felt hurt in any manner whatsoever during reading my post, I apologize. For, hurting anybody or anything has always been detestable to me.
But the bigger question remains: Why do you have to be that 'Ruby' of Kenny Rogers' song who took her love to town?
If you have anything personal to settle with Mr. SG, do it privately please.
By the way, he might be anything or everything that you are trying to say that he is. So what? Will it change what we think about Mr. SG? Not a bit.
Understand this please: For us Mr. SG is a teacher. If he calls us his friends, then it is his kindness. We are really his students - at least, I am. And no student worth his birth would tolerate what I understood from your post - and sbsequent posts.
This thread is where we tired, bruised by the market during the day, come together. We laugh, joke and share our mistakes and victories...everything. Don't make it a personal battleground, please.
I hope you would understand this, brother.
Regards
P.S. It is not a Tips thread like other dime-a-dozen on the net. So your sarcasm is unfounded, believe me. It is a learning thread. Tips are just little cherries on the cake, if you know what I mean!
None is wiser than the one who admits his mistakes readily, that's one of my understandings about human life. And I salute you for being one. And if you felt hurt in any manner whatsoever during reading my post, I apologize. For, hurting anybody or anything has always been detestable to me.
But the bigger question remains: Why do you have to be that 'Ruby' of Kenny Rogers' song who took her love to town?
If you have anything personal to settle with Mr. SG, do it privately please.
By the way, he might be anything or everything that you are trying to say that he is. So what? Will it change what we think about Mr. SG? Not a bit.
Understand this please: For us Mr. SG is a teacher. If he calls us his friends, then it is his kindness. We are really his students - at least, I am. And no student worth his birth would tolerate what I understood from your post - and sbsequent posts.
This thread is where we tired, bruised by the market during the day, come together. We laugh, joke and share our mistakes and victories...everything. Don't make it a personal battleground, please.
I hope you would understand this, brother.
Regards
P.S. It is not a Tips thread like other dime-a-dozen on the net. So your sarcasm is unfounded, believe me. It is a learning thread. Tips are just little cherries on the cake, if you know what I mean!
--------------------------------------------------------------------------
There is the line even for you ! Clear ?
DanPickUp
Guys, read this.
India lost $462 bn in illicit financial flows
Washington, November 18
Post independence, India lost a staggering $462 billion in illicit financial flows due to tax evasion, crime and corruption, a research and advocacy group has said in a report. The report released by Washington-based Global Financial Integrity (GFI) found that the faster rates of economic growth since economic reform started in 1991 led to a deterioration of income distribution which led to more illicit flows from India
According to the primary findings of the report titled 'The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008', India lost a total of $213 billion in illicit financial flows (or illegal capital flight).
These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities. The present value of India's total illicit financial flows (IFFs) is at least $462 billion. This is based on the short-term US Treasury bill rate as a proxy for the rate of return on assets. India's aggregate illicit flows are more than twice the current external debt of $230 billion," the report said.
"This report puts into stark terms the financial cost of tax evasion, corruption, and other illicit financial practices in India," said Global Financial Integrity director Raymond Baker.
"It also shows that these illicit outflows contribute to stagnating levels of poverty and an ever widening gap between India's rich and poor," he said.
From 1948 through 2008 the Indian private sector shifted away from deposits into developed country banks and moved more of its money into offshore financial centres (OFCs). The share of OFC deposits increased from 36.4 per cent in 1995 to 54.2 per cent in 2009, the report said.
"In this report we clearly demonstrate how India's underground economy is closely tied to illicit financial outflows," said, GFI lead economist and report author, Dr Dev Kar.
"The total present value of India's illicit assets held abroad accounts for approximately 72 per cent of India's underground economy. This means that almost three-quarters of the illicit assets comprising India's underground economy-which has been estimated to account for 50 per cent of India's GDP (approximately $640 billion at the end of 2008)-ends up outside of the country,"
That is, about/more than 232,000,000,0000,00 Rs.! :annoyed:
India lost $462 bn in illicit financial flows
Washington, November 18
Post independence, India lost a staggering $462 billion in illicit financial flows due to tax evasion, crime and corruption, a research and advocacy group has said in a report. The report released by Washington-based Global Financial Integrity (GFI) found that the faster rates of economic growth since economic reform started in 1991 led to a deterioration of income distribution which led to more illicit flows from India
According to the primary findings of the report titled 'The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008', India lost a total of $213 billion in illicit financial flows (or illegal capital flight).
These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities. The present value of India's total illicit financial flows (IFFs) is at least $462 billion. This is based on the short-term US Treasury bill rate as a proxy for the rate of return on assets. India's aggregate illicit flows are more than twice the current external debt of $230 billion," the report said.
"This report puts into stark terms the financial cost of tax evasion, corruption, and other illicit financial practices in India," said Global Financial Integrity director Raymond Baker.
"It also shows that these illicit outflows contribute to stagnating levels of poverty and an ever widening gap between India's rich and poor," he said.
From 1948 through 2008 the Indian private sector shifted away from deposits into developed country banks and moved more of its money into offshore financial centres (OFCs). The share of OFC deposits increased from 36.4 per cent in 1995 to 54.2 per cent in 2009, the report said.
"In this report we clearly demonstrate how India's underground economy is closely tied to illicit financial outflows," said, GFI lead economist and report author, Dr Dev Kar.
"The total present value of India's illicit assets held abroad accounts for approximately 72 per cent of India's underground economy. This means that almost three-quarters of the illicit assets comprising India's underground economy-which has been estimated to account for 50 per cent of India's GDP (approximately $640 billion at the end of 2008)-ends up outside of the country,"
That is, about/more than 232,000,000,0000,00 Rs.! :annoyed:
Hi Goofy,
Perhaps the figure far higher....
http://www.traderji.com/equities/10035-stocks-keep-close-eye-1148.html#post272522
SavantGarde
Perhaps the figure far higher....
http://www.traderji.com/equities/10035-stocks-keep-close-eye-1148.html#post272522
SavantGarde
Guys, read this.
India lost $462 bn in illicit financial flows
Washington, November 18
Post independence, India lost a staggering $462 billion in illicit financial flows due to tax evasion, crime and corruption, a research and advocacy group has said in a report. The report released by Washington-based Global Financial Integrity (GFI) found that the faster rates of economic growth since economic reform started in 1991 led to a deterioration of income distribution which led to more illicit flows from India
According to the primary findings of the report titled 'The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008', India lost a total of $213 billion in illicit financial flows (or illegal capital flight).
These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities. The present value of India's total illicit financial flows (IFFs) is at least $462 billion. This is based on the short-term US Treasury bill rate as a proxy for the rate of return on assets. India's aggregate illicit flows are more than twice the current external debt of $230 billion," the report said.
"This report puts into stark terms the financial cost of tax evasion, corruption, and other illicit financial practices in India," said Global Financial Integrity director Raymond Baker.
"It also shows that these illicit outflows contribute to stagnating levels of poverty and an ever widening gap between India's rich and poor," he said.
From 1948 through 2008 the Indian private sector shifted away from deposits into developed country banks and moved more of its money into offshore financial centres (OFCs). The share of OFC deposits increased from 36.4 per cent in 1995 to 54.2 per cent in 2009, the report said.
"In this report we clearly demonstrate how India's underground economy is closely tied to illicit financial outflows," said, GFI lead economist and report author, Dr Dev Kar.
"The total present value of India's illicit assets held abroad accounts for approximately 72 per cent of India's underground economy. This means that almost three-quarters of the illicit assets comprising India's underground economy-which has been estimated to account for 50 per cent of India's GDP (approximately $640 billion at the end of 2008)-ends up outside of the country,"
That is, about/more than 232,000,000,0000,00 Rs.! :annoyed:
India lost $462 bn in illicit financial flows
Washington, November 18
Post independence, India lost a staggering $462 billion in illicit financial flows due to tax evasion, crime and corruption, a research and advocacy group has said in a report. The report released by Washington-based Global Financial Integrity (GFI) found that the faster rates of economic growth since economic reform started in 1991 led to a deterioration of income distribution which led to more illicit flows from India
According to the primary findings of the report titled 'The Drivers and Dynamics of Illicit Financial Flows from India: 1948-2008', India lost a total of $213 billion in illicit financial flows (or illegal capital flight).
These illicit financial flows were generally the product of: tax evasion, corruption, bribery and kickbacks, and criminal activities. The present value of India's total illicit financial flows (IFFs) is at least $462 billion. This is based on the short-term US Treasury bill rate as a proxy for the rate of return on assets. India's aggregate illicit flows are more than twice the current external debt of $230 billion," the report said.
"This report puts into stark terms the financial cost of tax evasion, corruption, and other illicit financial practices in India," said Global Financial Integrity director Raymond Baker.
"It also shows that these illicit outflows contribute to stagnating levels of poverty and an ever widening gap between India's rich and poor," he said.
From 1948 through 2008 the Indian private sector shifted away from deposits into developed country banks and moved more of its money into offshore financial centres (OFCs). The share of OFC deposits increased from 36.4 per cent in 1995 to 54.2 per cent in 2009, the report said.
"In this report we clearly demonstrate how India's underground economy is closely tied to illicit financial outflows," said, GFI lead economist and report author, Dr Dev Kar.
"The total present value of India's illicit assets held abroad accounts for approximately 72 per cent of India's underground economy. This means that almost three-quarters of the illicit assets comprising India's underground economy-which has been estimated to account for 50 per cent of India's GDP (approximately $640 billion at the end of 2008)-ends up outside of the country,"
That is, about/more than 232,000,000,0000,00 Rs.! :annoyed:
http://www.dnaindia.com/blogs/post.php?postid=318
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