Friday, February 6, 2009

CONSPIRACY OF SILENCE

Right now there seems to be a conspiracy of silence as far as glodyne is concerned. It  has declared excellent q3 results, but except for a small box item in ET, I have not seen the news anywhere in the print media. the result is available at many sites on the web, but searching for it in the print media is like searching for a needle in a haystack. Perhaps that is why  the operators in the scrip are able to frighten small investors into selling their holdings , by relentlessly hammering the price of the scrip . The trading volume in the scrip is mostly below 5000 in both the exchanges.

I  think action in the scrip will start once Reliancemoney or telefolio comes out with a buy report on the scrip. Only then will people become aware of its result and will start buying the scrip.

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