Hi Relic,
All The News That Came Out On Monday....It Is Not At All Surprising That RCOM & Group Companies May Have Done Some Creative Accounting....But Also Remember When Such A Fall Happens...There Is No Point Exiting Almost Near Bottom...Because This Is What Most People Do In Panic...Even If You Have To Incur Any Loss It Can Be Done By Exiting At Higher Level....Atleast More Than 60% Of Investors Panicked Around 8000 Levels & Exited.....& They Must Be Cursing Themselves....
Now That Quite A Bit Of SHORTs Have Opened Up In These Scrips, Watch What Happens Around This Expiry...
Happy & Safer Investing
SavantGarde
All The News That Came Out On Monday....It Is Not At All Surprising That RCOM & Group Companies May Have Done Some Creative Accounting....But Also Remember When Such A Fall Happens...There Is No Point Exiting Almost Near Bottom...Because This Is What Most People Do In Panic...Even If You Have To Incur Any Loss It Can Be Done By Exiting At Higher Level....Atleast More Than 60% Of Investors Panicked Around 8000 Levels & Exited.....& They Must Be Cursing Themselves....
Now That Quite A Bit Of SHORTs Have Opened Up In These Scrips, Watch What Happens Around This Expiry...
Happy & Safer Investing
SavantGarde
Dear Savantji,
Thanks a lot..Will continue to hold my rcom equity positions. The reason I was bothered about (only) rcom was..at audit the actual revenue was found to be inflated itseems and some license fee increase... I also hold bharti but not worried on it. [As per chapter II advice ]
Anyways am sorry to bother you during market hours
Thanks and Regards,
Relichunter
Thanks a lot..Will continue to hold my rcom equity positions. The reason I was bothered about (only) rcom was..at audit the actual revenue was found to be inflated itseems and some license fee increase... I also hold bharti but not worried on it. [As per chapter II advice ]
Anyways am sorry to bother you during market hours
Thanks and Regards,
Relichunter