looks like market went into uncertainty fear. They expect obama to take decisions which may favor American public but not wall street.
don't worry, its not over, obama is now officially an president, lets see what he can do.
dude you need to seriously think about going to rehab.
Obama is elected president, and he was elected by common people of united states who are so much fade up from bullshit from people like you.
What USA needs is leader with vision and no one could be better then obama at this moment...
on Dec 16 Raju (promotor) purposed to buy huge stake in is brother in law's company by using satyam's money which disappointed investors and they dumped stock but then he withdrawn proposal and stock slowly started going up.
http://www.channelregister.co.uk/2008/12/18/takeover_abandoned/
I HAVE ALSO POSTED THIS THREAD IN STOCK FORUMS here
http://www.elitetrader.com/vb/showthread.php?s=&postid=2249419#post2249419
REQUEST TO MODS, please merge this thread in STOCKS or TRADING FORUMS as you feel appropriate. I apologies for 2 threads.
yes, i posted it twice, because i originally posted it in STOCKS forum and then i realized i wanted to post it in trading forums because this will be one of the biggest opportunity for all other traders.
Unfortunately, i did not short satyam futures because i only trade in index futures but i...
not necessary. looks at all the scam's going on in united states, do people have stopped investing in united states?
madoff and this can not be compared because madoff was running ponzy scheme and cheating its investors in different way where as satyam computers is a legitimate business...
The news is still developing. Chairman RAMLINGA RAJU of SATYAM COMPUTER SERVICES
Satyam Computer (ADR)
(Public, NYSE:SAY)
HAS REPORTED biggest scam in Indian corporate history.
STock is already down by 45% IN LAST 20 MINTUES IN INDIAN MARKETS.
SHORT IT AS US MARKET OPENS...