Respected Sir,

I'm invested in the Market since June, 2008.

I'm following your posts for the past one week and I can say one thing for sure - I have stopped reading or thinking about anything else.Its like drink, eat and sleep Kalidas's messages. Hats off to you Sir - without reading your posts I would have never understood what's going on in the economic world, particularly in the USA

I would be eagerly awaiting your post on "How to restructure the portfolio in case of distress or crash".Sir, like million others, I'm also in deep loss of about 30%. Have invested about 1.7 lakhs in 1000 shares of Sesa Goa @ Rs. 170 each. This is my only ivestment and I wish to get out of this with minimum damages (and ofcourse lots of lessons learnt - dont invest leveraged money, dont invest all the money on one stock and at one go, dont follow the analysts, do your own study and many many more..)

Sir, I believe in the saying that you give bread to a person you are taking care of his hunger for a day and if you teach him to make bread you are taking care of his hunger for his lifetime. I dont expect any tips from you Sir, just teach me the rules of playing in the Stock Market - nothing HiFi just basic do's and dont's in your inimitable style. I'm sure thousands (if not millions) of your followers would immensely benefit from this.

Thanks for your time in reading this message from a toddler in the Indian Stock Market

Regards
Muthu Raman, India
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Boarders,

Is something seriously wrong with Sesa Goa?

When a scrip like Resurgere Mines is in the green, why not Sesa Goa.

Request experienced boarders to throw some light on Sesa's prospects in the coming months. Thanks....

Nothing wrong. Just keep the stock for 6-8 months...

Nothing wrong with the stock. It is a victim of short selling. If SEBI bans short selling small investors will be benifited. Ofcourse liquidity dries up. Even US has banned short selling in some security ( dont remember). ad...

dont buy before rs.70 , govt. impossed export duty on iron ore & local demand also cooled down....

No news is also bad news in a falling markets. Sesa Goa has been plumetting since the Sterline Reorg which is anyways not having any material impact on Sesa Goa which is now the Ferrous vertical. Sesa Goa is a debt free company with a P/E of ~2 and P/BV of .16. With access to high quality ore, agressive capex and capacity expansion plans and global steel demand upside of 5% at a minimum only losers should sell. Even the speculated 5% duty hike can not affect the domestic demand for lumps which is still strong. Fines may not attract the excessive duty in any case. Worst case a sequential 10-15% drop in quarterly earnings for a few querters running will still keep the P/E in "too good to miss" value zone. ...