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A Lion’s eye on the Bulls and Bears

“In India, companies may fall sick, but promoters rarely do!”

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BSE,NSE and SEBI must check if Ramalinga Raju or any of his fronts shortsold Satyam at Rs 175 in Derivatives or in Morning Spot before releasing the Bombshell of his Letter that confessed to a Fraud and sunk Satyam in quicktime from Rs 175 to close at Rs 40

Ramalinga Raju of Satyam is nothing but a downright Cheat and a Dishonest and Fradulent promoter…however he did have the courage to confess this morning….yet he cannot be trusted

Satyam closed at just Rs 40,down Rs 138 from Rs 175

BSE,NSE and SEBI must check that Ramalinga Raju and his coterie did not benefit monetarily from this fall by shortselling Satyam earlier,knowing that the release of the Bombshell Confession Letter this Morning will murder the Share Price

How can they check this ?…just list all who shorted Satyam significantly in the past few days till this morning and made a killing…..then trace their bonafides and see if there is any link of Funds Flow or Relationships to Satyam and Maytas Promoters and their Coterie

I for one suspect that Ramalinga Raju would not have missed even this chance to benefit monetarily  !


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