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What moves a stock

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Linkfest:27 May,2014

Some stuff I am reading today morning:

Warren Buffett:These were my biggest early mistakes (TRB)

Here’s why Sensex can crash 20% (ET)

The Amazon of India is not Flipkart,its’ Amazon (MaheshMurthy)

Sophisticated Vs Effective (DynamicHedge)

Do you need a critical illness plan? (Mint)

Book Review:Stress Test by Timothy Geithner (MichaelLewis)

India’s Modi needs to act quickly (Bloomberg)

5 Ways in which Modi’s cabinet is different (Quartz)

Remedies against unfair practices of builders (HelplineLaw)

Goldman Sachs explains the Return on Equity formula (BI)

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5Stocks

5 Penny Stocks that rocketed

Modi’s win was declared on 16 May,2014 and he is taking the oath today.

5 Penny Stocks (Kutta-Billi in Dalal Street parlance) that rocketed in this short period are given below:

Symbol Close on 16 May,2014 Close on 23 May,2014 Gain
MIC 3 5.65 88.33%
MOSERBAER 4 7.55 88.75%
SELMCL 3.3 6.25 89.39%
ANDHRACEMT 6.05 11.5 90.08%
TULSI 4.55 8.65 90.11%
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Best Performing Mutual Fund