Capitalmind
Capitalmind

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So FCCBs do hurt, or do they?

A follow up from my post “The Falling Rupee and the FCCB problem” (Sep 11, 2008). ET confirms that this is indeed showing up in results. ...

News for A Thursday

Interesting news today Russian Ruble falls to 20 month low Crude at $72. This is now half of the $144 price when the fear was of peak-oil and $200 oil. Ted ...

Short Review: Ravi Subramanian’s “If God was a Banker”

I just read “If God was a Banker” by Ravi Subramanian. It’s an easy-read kind of story of a bank, called “New York International ...

SOS Update: Up 10.37%

The Short Only Strategy has been updated. I must kick myself. I got out of Unitech and JP Asso right when they were breaking down. I also got out of the Nifty ...

Net back up – Going Long

Quick post to note: Markets are down some 6% and I am buying. I won’t say what right now, but I’m going long for what I think will be a 10% return. ...

SOS Trade: Cover 400 Nifty Call

I’ve decided to cover the Nifty 4100 call I wrote earlier in the Short Only Strategy. It’s now down to Rs. 28.3, from a sell point of 209, which is ...

Northgate recap: 50% down in 1.5 months

I had talked about Sustained Insider Selling in Northgate Technologies, on a post dated Aug 21. On that day the stock was at 290. The chart then: Look at where ...

SOS Update: Up 8.84%, no changes.

Here’s my short only strategy update: Up 8.84%, with the call write doing very very well. I’m not changing anything. I’m kicking myself for ...

SoS Update: 6% up, closed Unitech/JP, shorted Nifty calls

Today was expiry so some updates: Closed Unitech position at 130.3. This results in a virtual net profit (from the first trade) of about 1.2 lakh after ...

ICICI: $200 million Mark to Market?

From DNA: ICICI to take $200 million MTM hit pegs MTM losses on the bank’s UK books at around $200 million. The recent 100 basis points widening in spreads ...