Why you people are calling Mesaiah etc him, whether he deserve it. When the market is booming he is not cautioning hs people and enjoying it, while every time the points going down or crashing he started blaming. That is possible for anybody. This is not the first time it is happened before that en number of time market crashed and boomed and everytime when crashed you can see the photo of somaiya, just to get the popularity or to get the sympathi of loosers. When the market is crashed somebody will loose and somebody will gain and that is market/business and those who are entering the market are well aware of it. When enjoying profit they will not remember Chidambaram or Damodaran and while loosing the entire blame is on them.
RE:Somaiy
by chandra pandey on Oct 20, 2007 04:02 PM Permalink
thanks for good comment. just go on investing, you will make fortunes but reverse is also possible. Think, are the stocks have justifiable valuations. What is the yearly dividend you are getting ? Why only believing in capital appreciation? How many SEZs space will have takers if the companies who are investing in them don't realize the return in the long run. The same is with infrastructure and power sector. These investments have very long gestation period which will be visible after atleast 4-5 years timeframe. Can they become profitable in future? There is so much of uncertainty attached with it? If you think you are still bullish then go on and purchase like there is no tomorrow.