Results 1 to 4 of 4

Does the satyam is the only one?

  1. #1
    Silver Member prasannaganesh's Avatar
    Join Date
    Nov 2008
    Posts
    338

    Thumbs up Does the satyam is the only one?

    the satyam scandal might gave a shock but it is not the only one.

    the book cooking done in satyam is common among corporates mainly in small cap segments but not same magnitude.

    when a company grows and books profit, the book cooking issue will be faded gradually.

    but the satyam has gone out of all and done a blender things in the accounts.
    so in result of this, they cant escape except the disclose of account.

    What the point is, does the satyam is the only one.

    i expect more and more corporates to be scanned for these type of scams.

    my main doubt is on realty sectors , who are kings in cooking books to make their own profit big and earn in it.

    So my advise is , if you want to own a scrip in your portfolio, just think twice.
    better to skip realty sectors.

    plz have your say here,

  2. #2
    Silver Member
    Join Date
    Dec 2008
    Posts
    380

    Default

    Take a hiatus from the stock market for a couple of years..its gonna get worse sooner or later.

  3. #3
    Platinum Member panchabhut's Avatar
    Join Date
    Jan 2009
    Posts
    3,065

    Default

    Some useful tips for putting money in the stock market
    1. Stock market is a gamble. So invest only that much u can afford to lose. never invest borrowed funds.
    2. One needs to follow the scrips closely. Its not a philosophy of "fill it, shut it, forget it"
    3. Always set ur own stop loss. ideally 20% would be a good level.
    4. When the prices are rising, once the increase is say 25-30%, sell a part of the holding to at least get the principal amount out.
    5. Always listen to ur head and never to ur heart. stock market is nor for those who are guided mainly by emotions
    6. Day trading is good as long as u r not greedy. once a profit of around 1-1.5% is reached, close the open position. Even a profit of Rs.500-Rs.600 per day gives a monthly profit of above Rs.10000.
    7. never put all ur money in one scrip. Diversity is absolutely essential for risk reduction.

  4. #4
    Silver Member prasannaganesh's Avatar
    Join Date
    Nov 2008
    Posts
    338

    Thumbs up

    Quote Originally Posted by panchabhut View Post
    Some useful tips for putting money in the stock market
    1. Stock market is a gamble. So invest only that much u can afford to lose. never invest borrowed funds.
    2. One needs to follow the scrips closely. Its not a philosophy of "fill it, shut it, forget it"
    3. Always set ur own stop loss. ideally 20% would be a good level.
    4. When the prices are rising, once the increase is say 25-30%, sell a part of the holding to at least get the principal amount out.
    5. Always listen to ur head and never to ur heart. stock market is nor for those who are guided mainly by emotions
    6. Day trading is good as long as u r not greedy. once a profit of around 1-1.5% is reached, close the open position. Even a profit of Rs.500-Rs.600 per day gives a monthly profit of above Rs.10000.
    7. never put all ur money in one scrip. Diversity is absolutely essential for risk reduction.
    Absolutely listed the points to keep in mind.

    thanks for the post.

Similar Threads

  1. Satyam
    By NrN Kill in forum News from the Tech and IT World
    Replies: 5
    Last Post: 8th August 2009, 04:16 PM
  2. Best Of Satyam Jokes
    By The One in forum Jokes and humor
    Replies: 16
    Last Post: 19th February 2009, 08:43 PM
  3. The Satyam Case - Why & Now What
    By saurav_k in forum News and Views from the Business World
    Replies: 3
    Last Post: 16th February 2009, 08:54 AM
  4. The Satyam Case - Why & Now What
    By saurav_k in forum News from the Tech and IT World
    Replies: 2
    Last Post: 5th February 2009, 11:25 PM
  5. Govt takes charge of Satyam board, disbands Existing Satyam board
    By prasannaganesh in forum News discussions
    Replies: 1
    Last Post: 9th January 2009, 08:12 PM