Wednesday, 23 January 2008
Mindless speculators
In this Savage correction which continued for 7 days many retail investors ( rather we should call them mindless speculators) had lost almost all their capital buy investing on margins and hot tips . How can we explain a counter like RPL which is still making losses having more market capitalizaion than the counter like infosys which is a 5 billion dollar company..
As told by sameer arora in CNBC yesterday people who have lost more than 50% this week should not come back to market or atleast go to mutual funds..
Some of the speculators who are damning the Govt. for the fall should understand that capital market is a free market which run through basic principal of demand and supply , And their losses are the nothing but the indication of their own greed and lousiness .
RK
Posted by Ravikanth at 11:40 0 comments
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