am sure Mathew jee must have given disclosures in his stocks
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Disclosure was for buying did not mean he would sell it the same day. Also we need to be cautious about people who are eager to give disclosures as soon as a stock is asked. Some other TA from Kol junps on a disclosure even while the conversation is not finished they want to over emphasize - I am buying what about you? This should not be done.YOu cannot recommend people to buy a stock at 9.55 and sell you holding on the same day.
ANd I do not believe that Rs 10 crore figure!!!
Power your trade I am not sure how many people would renew it. But froma few unfortunate ones who had subscribed told me that the recommendations were already up a few percentage points the moment they got the SMS.
Have you seen that Catch! Catch! catch! Bulls will lose their shirts and bears their pants.... TA who recommends stocks saying This had hit 20% and so on. The problem with those recom was they came to you aftre a stock was up 16% - 17%. ANother unfortunate investors who had subscribed to that service told me.
I would be happy to see how much of their clients came with repeat subscription renewals to these TA. I CAN BET IT IS LESS THEN 50%. Does not mean people are getting smarter they are just changie experts. The total number of people who trade on these news remain the same.
Edited by basant - 20/Mar/2007 at 1:48pm
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