A very senior software professional with a flair for stock market told me recently that he used to hate weekends as the market would be close on weekends. “Was it an addiction?” he asked rhetorically.
We would read all the financial papers and also subscribe to mail/sms services for stock tips. Today we don’t even bother to read those recommendations. Recently I read some of these reports given by top analysts and discovered new meaning of the terms given below:
Synergy- When analyst would realize that there is no strategy for the acquisition.
Brownfield expansion- When the 'analyst' can't bluff.
Greenfield expansion- When the 'analyst' can bluff.
Turnaround story- Partial truth by an honest analyst.
Acquisition news (source based information)- Hey guys I am lying.
Now the time has changed. We are again enjoying our weekends (TGISS). The barter is working well; the FD is bringing smiles with assured returns(I am looking only at a positive side). So what if we hold some bad shares in our portfolio, that’s ok right?
Call it BULLS shi* and move on.
1 comment:
Maruti Suzuki, Lupin and GAIL gained more than a percent whereas Infosys, ITC, TCS, HDFC and ONGC were losers.capitalstars
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