In earlier posts here and here, I had mentioned that a departing CFO indicates bearish times ahead for the stock.
This was also proved by the departure of the CFO of Educomp Solutions and the damning report by Espirito Santo on the stock.
Now the CFO of Tilaknagar Industries has resigned with effect from May 01, 2012 due to personal and family commitments.
What does he know that we don’t ?
In an earlier post,I had mentioned the importance of the Nifty breaking its 200 DMA.
Now that Nifty has finally broken its 200 DMA, watch out below !!
India will have the world’s largest economy in the year 2109–Scott B Summer, the Bentley college economist wrote in his blog
Some stuff I am reading today morning:
Angry Greeks reject bailout risk Eurozone exit (Reuters)
In Ajit Jain, people see next Buffett (WSJ)
Never mind Europe.Worry about India (Nytimes)
Sea of troubles in KG basin (ET)
RBI Watch:RBI to ease currency flows (RBI)
Bar Stool wisdom from Sao Paulo (DailyReckoning)
Bollywood gossip of the week (RajeevMasand)