First Rule of Business - Always Protect ur Investment

The New Year has come and everybody wished me a lot of Good Things. I started to work normal hours as usual from Day 5 of the year. And my Chronic Disease started showing its symptoms after holidays again... Forget work.... Boom Satyam - Maytas deal got busted and shares are down by 57% [This was previous year actually] and it seemed like a Free Roller Coaster ride...!!

Nothing is Free in this World mate - Anything that looks free is not free in reality - It is just a State of Mind that makes one think that something is free.

So as usual, I picked up some SAY for $5... not a bad pick haah..!! Given it a week, came back from holidays and Booyah... its $9. I live and do anything to retain my title - "Stupid". Yes, I did not book any profits... My Cerebellum always said click SELL.. but my Cerebrum said HOLD... :(

I knew the Rule.. but knowing the Rule is not enough.... Satyam went bust and the ADR was suspended from Trading... I started my legacy with a Fresh Loss in the New Year

Why Not Govt Bailout SATYAM..??

We are reading about the Satyam Fiasco and getting worried about the future. But if we remember last year, we have seen the fall of Financial Giants like Freddie Mac, Fannie Mae, Lehman Brothers and AIG.

What did the American Govt do...?? Take out Tax Payer's money and rescue the Companies... Why dont we do a similar thing here.

Indian Government should Bail out Satyam Computers and make it Satyam India Computers. There by India will become the First country in the world to have a State Owned IT Company. They can rescue all the 53000 Employees and poor Share holders like me across the world. India can use the services of Satyam Computers to develop home grown applications for all Government offices along with making money from the Clients. One more thing, its Election Time in India and the current government will make a land slide victory with votes from Educated people. Its a win win situation for all... Employees win, Shareholders win and Govt wins...!! What do you guyz think..??

Haha... what a brilliant idea... I pat my own back for my sTuPiDiTy.. :) :)

BailOut.. oops SignOut.