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Q.

I did a mistake today and bought 500 shares of Satyam @ 49. Should I sell day after tomorrow when market opens and book the loss at whatever price available may be @10 ?

Asked by Mukesh Kumar, 07 Jan '09 10:38 pm
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Answers (8)

 
1.

Future of Satyam is not at all good. Earliest posible exit will be better . Otherwise you will have to wait till valuation of the assets is done by the government.
The fraud perpetuated by Satyam management and authenticated by Chartered Accountants for last so many years not only exposes the truth of corporate governance but also the quality of Certification done by Chartered Accountants on whom Government believes blindly. Only in the last month, team of CA had clearly denied that they had given any report on value to his sons company called as Maytas and when doubtful integrity of Satyam management was well established and came to light. Prior to that World Bank had also debarred these companies for eight year for alleged improper financial operation. Inspite of all, regulators like SEBI and Institute of CAs remained silent spectator only because they all are birds of same feather. As a matter of fact all regulators remains mostly in deep slumber and only when blast like Mumbai bl ...more
Answered by Danendra Jain, 08 Jan '09 06:14 am

 
  
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2.

Idiot don't panic wait for 20 days the price will go upto 80. Ok !
Answered by Ketan Shroff, 08 Jan '09 02:31 am

 
  
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3.

Better to sell
Answered by Pardeep kapoor, 07 Jan '09 10:40 pm

 
  
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4.

Watch price for a few days
Answered by anil garg, 13 Dec '10 08:58 pm

 
  
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5.

See ? Take a Long Term Perspective and MIRACLES can happen in the Stock Market....

LEARN MORE
Call after 4 PM any day 9818 981076
Answered by Sanjeev Suri, 15 Jul '10 01:28 pm

 
  
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6.

I think better to take advise from a mentally sick share broker.
Answered by bhaskar erram, 12 Jun '10 09:05 am

 
  
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7.

I am a fool and not qualified to answer u
Answered by AANEWS AGENCY, 12 Jun '10 09:00 am

 
  
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8.

Exit the counter as early as possible..u better put ur money in wipro or infosys as good IT bet
Answered by vipin sharma, 07 Jan '09 10:49 pm

 
  
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