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sadharanan,
I donot know whether stoctin is right or wrong,but what shocked me was KMS tweet.She must have meant these mutual funds as you rightly said. But everything is legally right and no one can blame as they make use of a derivative product available.If that being the case where is question of plotting.
I do understand what went through her mind when she tweeted.
Let us be cautious as another of selling should not await us....
the only thing is that, she must regain his lost aura.people believed in her.if she is honest she has many tools to handle with such plotters.biocon should come out of f&o.there are so many investigative and counter investigative corporate agencies to find out truth if it is wanted.
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Biocon
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pandit-acharayai remember the case of wockhardt,in which same as biocon hammering started in 2007,and top management along CFO rajiv b gaundhi and the promoters had found in enquiry by sebi.KMS CAN WEAR BLACK GOGLES FOR FAKE EYE FLU,BUT ONLY FOR SOME TIME,SHE KNOWS SHE IS CULPRIT OF IT`S OWN....
i dont know what else you expect her to say if in a public forum she has said about the plot it is the sternest warning she cd have given to anybody who is trying to mess up with biocon anybody who doubts her capability to handle these opereators is making a mistake the second part of her tweet is irrelevant though i agree it is rather late...
Biocon
: pandit-acharayathe flag holder of honesty and transparency the so called lady of ethics,AGAIN I ASK YOU ALL,DO YOU BELIEVE THAT WHAT KMS HAS TWITTED ABOUT PLOT,HOW SHE KNOWS THERE IS A PLOTTING,,,YES SHE KNOWS EVERY THING AND HOW DARE SHE CAN DENY THAT SHE IS HELPLESS.IF IT IS SO SHE MUST QUIT.IT IS LIKE THAT KMS IS SAYING THAT I DON\\`T KNOW HOW MANY FINGERS I HAVE IN MY HAND.SHE IS TOTALLY HAND IN GLOVES WITH PLOTTERS....
Biocon Mar '12 sales at Rs 432.60 crore
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MMB MessengerBiocon has reported a sales turnover of Rs 432.60 crore and a net profit of Rs 62.34 crore for the quarter ended Mar '12...
excellent post guest.I doubt Kms has competent advisors who understand the market....
only way to tackle plotting investors is to take biocon out of F&O as conficus suggested...
Kms has tweeted about plotting investors.So Stoctin is right.But I will blame big investors who are exploiting company`s innocence by shorting in futures,selling in cash to drive down prices.My feeling is company and their departments are very honest....
