SEBI has sent the chilling warning that it regards the use of twitter to issue buy and sell recommendations as a “manipulative technique using social media” and that it will crack down on it. A stock adviser who used twitter to promote his subscription service has been fined a massive sum of Rs. 25 lakhs
SEBI’s sleuths are leaving no stone unturned in their bid to eradicate the World of illegal stock advisories. They are monitoring twitter feeds and facebook posts to detect the alleged culprits. One more popular stock advisory has fallen victim to the crackdown by SEBI
A research analyst who sought to make quick money by taking advantage of insider information is in serious trouble. His attempt to avoid detection of his insider trades by using his mother’s account has come a cropper. He has now not only to refund his ill-gotten gains but also faces serious criminal charges
Porinju Veliyath has issued the clarion call that investors practicing the hallowed art of “value investing” have to also embrace the modern concept of “value trading” if they want to take advantage of irrational pricing of stocks and pocket mega bucks
Porinju Veliyath’s dexterity in buying and selling stocks ensured that he got out of one of his favourite stocks just before it got hit by a regulatory taint and suffered a melt-down. Porinju pocketed a fortune from the stock though investors who followed his footsteps may not have been as lucky
The Chairman and CEO of a micro-cap company backed by Porinju Veliyath and Ashish Chugh have been held prima facie guilty of insider trading by SEBI and directed to disgorge their alleged ill-gotten gains
Porinju Veliyath has publicly declared that he loves the merits of a ‘concentrated portfolio’. Yet, once every few days, one can spot him buying some random stock or the other in a bulk deal. What is his game plan?
Daljeet Kohli’s timing was impeccable. He put a buy on the stock just when Ashish Dhawan, frustrated after years of holding with no returns, dumped it. The stock has given a 258% gain since then
Old-school investment gurus have been scathing in their criticism of the sustainability of the e-com business model and of the valuations paid by investors. However, the profits shown by Amazon Inc, the mother of all e-com companies, and the consequent surge in its stock valuation, suggests that the gurus may need to revisit their hypothesis
Porinju Veliyath has a habit of talking about the stocks that he is bullish on even before he actually buys them. His chatter about this ultra micro-cap e-com stock suggests that he may be preparing to launch a covert buying operation soon
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