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SoS: Satyam Stopped Out, Staying Out for Results

Deepak Shenoy1 min read
Quick Facts
What is "SoS: Satyam Stopped Out, Staying Out for Results" about?
What category is this article in?
Stocks
Who wrote this article?
Deepak Shenoy, Capitalmind's research team.
When was this article published?
Published 31 December 2008.
How long does this article take to read?
1 min read
What topics does this article cover?
Short Only

Satyam’s recovered a lot and I’m moving it out of the Short Only Strategy - one contract, about 10 bucks as a loss, which is around 6,000 Rupees. Not too bad, and the stop loss was the entry price, which was crossed today.

We are still at 11.87% on the SoS, for about four months. The next year should be good for shorts. Am eagerly awaiting results season.

Happy New Year everyone. Shall make a fresh post tomorrow. Meanwhile, stay safe.

Tagged:Short Only