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Messages From marketman
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Present situation itself is in dilemma,where is the question of future guidance.......
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Dear radhika,it is very difficult to beleive promoters on the buy back matters.... few just announced buyback to arrest the fall of their shares,few are struggling for cash for their buyback approvals.... for few sebi is hoding the approvals.... few announced consideration of buyback if their stocks fall further.... for example dlf telling buyback for quite sometime,but not implementing as per their plan.... though there are few going for genuine buybacks,a a whole lot of confusion at the moment with this buy back stories.... almost all companies facing liquidity crunch,so where is the possibility of buybacks.... the promoters who sold stocks in the bull run peak may be buying back some shares to increase their stakes.... so,even buybacks are not helping investors here.......
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The downward target is achieved in very easy manner.......
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As Manmohan behaving like neero emperorer,investors worrying whether nifty will see 4000 mark again in the year 2008 or not.......
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Teledata just fell 90% only sofar from its peak .... and given two unlisted shares extra.... ofcourse nobody knows when they are going to list.... pl note that there are no of scrips which fell more than 95% from their peaks.... so not necessary to blame teledata alone for losses.......
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06 Oct 2008 17:39
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Thanka you bulla,for your mentioned targets.......
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06 Oct 2008 17:37
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Sam,my concern is from january 2008.......
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