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Stocks

SoS: Satyam Stopped Out, Staying Out for Results

Satyam’s recovered a lot and I’m moving it out of the Short Only Strategy – one contract, about 10 bucks as a loss, which is around 6,000 Rupees. Not too bad, and the stop loss was the entry price, which was crossed today.

We are still at 11.87% on the SoS, for about four months. The next year should be good for shorts. Am eagerly awaiting results season.

Happy New Year everyone. Shall make a fresh post tomorrow. Meanwhile, stay safe.

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