Penny Stocks have a deservedly bad reputation. They bring grief to investors and brokers alike. Zerodha is the latest victim of these villains. Its system went kaput on expiry day and caused massive losses to punters who could not square off their positions in time
Posts tagged stocks
Investor Makes 282x Gain (In 12 Months) From Penny Stock But Gets Busted By Tax Sleuths
An investor had the good fortune of raking in a mammoth 282x gain from a penny stock. However, when he went to the Tax Office and claimed the gains as tax-free, he was in for a rude shock. It was held that his transaction is sham and bogus and that he tried to convert his undisclosed income into tax-free LTCG
Wisdom Of Rakesh Jhunjhunwala & Radhakishan Damani Cannot Be Questioned By Income-Tax Dept: Tribunal
Ashish Kacholia’s Latest Stock Pick Has Strong Business Fundamentals & Will Prosper From US-China Trade War
Ashish Kacholia’s latest stock pick has a proven track record of identifying high growth new product categories and successfully scaling them up. Apart from its strong business fundamentals, the environmental clamp down in China has resulted in a favorable pricing uptick and gradual migration to sourcing from India
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