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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » what The Hell???

what The Hell???

Go down  Message [Page 1 of 1]

1what The Hell??? Empty what The Hell??? Fri Sep 16, 2011 3:11 pm

dindon1

dindon1
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
My broker firm allowed me to buy stocks up to 50% on credit on top of my invested amount.
My understanding is there is no force selling prevail at the moment.,But as my portfolio value is decreasing day by day due to share price drop,My 50% credit value has reached to more than 50% and every day my broker firm wants me to sell shares for lost to make it 50%..By doing this my portfolio value has decreased considerably.
And also now they are telling me that I have to settle that 50% credit as well,even though they are charging me penalty interest constantly.
I have lost more than 1.6 million rupees so far from my hard earned money and which is more than left for me now in my portfolio.
Can any one tell me the names of those regulators,so I can go to a black magic place and perform a black Magic to wish their lives become a hell and also to add wishing for their parents and children as well.,What else would I do??Go to their addresses and bash them or through acid on their faces??
What a Face


2what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 3:38 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Guy!
Don't go for harm others because all taken decisions are belonged to you. Keep it in your mind always. Exclamation

However, This is a very serious situation. You had to plan things that you wished to do.

SEC has informed all broker firms to clear credits(25% As I know). So, You will have to sell your shares with losses and clear debts.(broker's credit)

I can help you more. So, please provide below information please. I love you

1.Your broker firm
2.Shares that you have bought(with prices and quantities, bought with your credit or broker's credit)
3.Amount of money that you can put into your portfolio after all.
4.Total of broker's credit(debt)
5.Are you satisfied with your salary if you are doing a job. tell yes or no.

Saddest story that I have ever seen in this forum. Sad



Last edited by Roboticfx on Fri Sep 16, 2011 3:50 pm; edited 1 time in total

3what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 3:46 pm

Fresher


Moderator
Moderator
the broker firm 'allowed' 50% credit. they didn't force you to use it!

4what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 4:21 pm

MY MONEY

MY MONEY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
you have to settle them with in 3 days , 4 th day they will start to charge you a penalty interest of 20%(per year ), after 5 days they will force selling your shares
this is the story

5what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 6:06 pm

arrowms


Manager - Equity Analytics
Manager - Equity Analytics
@Roboticfx wrote:Guy!
Don't go for harm others because all taken decisions are belonged to you. Keep it in your mind always. Exclamation

However, This is a very serious situation. You had to plan things that you wished to do.

SEC has informed all broker firms to clear credits(25% As I know). So, You will have to sell your shares with losses and clear debts.(broker's credit)

I can help you more. So, please provide below information please. I love you

1.Your broker firm
2.Shares that you have bought(with prices and quantities, bought with your credit or broker's credit)
3.Amount of money that you can put into your portfolio after all.
4.Total of broker's credit(debt)
5.Are you satisfied with your salary if you are doing a job. tell yes or no.

Saddest story that I have ever seen in this forum. Sad

Discuss with a friend who is like to help b4 all other options. Roboti.. is waiting there with his helping hand nv. Send him mail Very Happy
Happy trading

6what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 7:26 pm

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dindon1 wrote:My broker firm allowed me to buy stocks up to 50% on credit on top of my invested amount.
My understanding is there is no force selling prevail at the moment.,But as my portfolio value is decreasing day by day due to share price drop,My 50% credit value has reached to more than 50% and every day my broker firm wants me to sell shares for lost to make it 50%..By doing this my portfolio value has decreased considerably.
And also now they are telling me that I have to settle that 50% credit as well,even though they are charging me penalty interest constantly.
I have lost more than 1.6 million rupees so far from my hard earned money and which is more than left for me now in my portfolio.
Can any one tell me the names of those regulators,so I can go to a black magic place and perform a black Magic to wish their lives become a hell and also to add wishing for their parents and children as well.,What else would I do??Go to their addresses and bash them or through acid on their faces??
What a Face



Hey... if you want to do stock trading just find your own god damn money and do it for god's sake. Why the hell you want to borrow and trade ahhh? This is uncertain times with lot of manipulations.

If you do borrow then face the consequences.

7what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 7:28 pm

tpr1983


Senior Equity Analytic
Senior Equity Analytic
hi, im new to the CSE........... i never follow my broker
but i made lot of profits on instant acts. two days ago i bought 500 REG (regnis) at 160. todays close price was 215.

8what The Hell??? Empty Re: what The Hell??? Fri Sep 16, 2011 8:21 pm

gamaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Hi, dindon,

I also lost a similar amount in a similar manner. What we are doing wrong is using credit in a declining market. The bitter lesson to learn is never use credit in a declining trend.

9what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 4:38 am

nkalansu


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@tpr1983 wrote:hi, im new to the CSE........... i never follow my broker
but i made lot of profits on instant acts. two days ago i bought 500 REG (regnis) at 160. todays close price was 215.

Market is unpredictable and uncertain. You can't do it everyday. So please be watchful. Don't gamble.

10what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 9:03 am

kiwi

kiwi
Senior Equity Analytic
Senior Equity Analytic
This is very sad. It is also the tip of the iceberg. I am sure there are an increasing number of retail customers in similar or worse situations and they are feeling angry and upset. Its great that people are willing to help those in trouble. The thing is wrong to blame the regulators etc

In my view part of the problem is the inability to admit that a trade is wrong and sell a share once it has begun to lose money. The standard response seems to be to hold and hope. I have wondered why shares that go up on a speculative rocket only very slowly drift down once the manipulators have moved on. I now have come to the conclusion that this is due to those who bought at the top, holding and hoping.

It would be very interesting to survey those who bought GRAN @ Rs 200 plus and see how many are still holding on. Check the last 12 months of GRAN price action on a chart and you will what I am saying.








11what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 9:56 am

gajaman pro


Manager - Equity Analytics
Manager - Equity Analytics
Sad

12what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 10:31 am

wallstreetguy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@dindon1 wrote:My broker firm allowed me to buy stocks up to 50% on credit on top of my invested amount.
My understanding is there is no force selling prevail at the moment.,But as my portfolio value is decreasing day by day due to share price drop,My 50% credit value has reached to more than 50% and every day my broker firm wants me to sell shares for lost to make it 50%..By doing this my portfolio value has decreased considerably.
And also now they are telling me that I have to settle that 50% credit as well,even though they are charging me penalty interest constantly.
I have lost more than 1.6 million rupees so far from my hard earned money and which is more than left for me now in my portfolio.
Can any one tell me the names of those regulators,so I can go to a black magic place and perform a black Magic to wish their lives become a hell and also to add wishing for their parents and children as well.,What else would I do??Go to their addresses and bash them or through acid on their faces??
What a Face





Borrowing money at the casino is like gambling on steroids.

This is your fault for not doing research and following what others tell you to do.

what happened was greed, and selfishness got in to you, with fear of losing your own money, wihotu seeing the reality.

You made your own mess. 50% credit is allowed, but they never force you to buy.

I never buy on credit. You know why, because I'm smart and beeing safe.
You know why, becasue with the captial I have, I will not exceed, because I know my capacity.


Stock market is like my poker table, and I play around with blue chips.

13what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 10:35 am

gajaman pro


Manager - Equity Analytics
Manager - Equity Analytics
@wallstreetguy wrote:
@dindon1 wrote:My broker firm allowed me to buy stocks up to 50% on credit on top of my invested amount.
My understanding is there is no force selling prevail at the moment.,But as my portfolio value is decreasing day by day due to share price drop,My 50% credit value has reached to more than 50% and every day my broker firm wants me to sell shares for lost to make it 50%..By doing this my portfolio value has decreased considerably.
And also now they are telling me that I have to settle that 50% credit as well,even though they are charging me penalty interest constantly.
I have lost more than 1.6 million rupees so far from my hard earned money and which is more than left for me now in my portfolio.
Can any one tell me the names of those regulators,so I can go to a black magic place and perform a black Magic to wish their lives become a hell and also to add wishing for their parents and children as well.,What else would I do??Go to their addresses and bash them or through acid on their faces??
What a Face





Borrowing money at the casino is like gambling on steroids.

This is your fault for not doing research and following what others tell you to do.

what happened was greed, and selfishness got in to you, with fear of losing your own money, wihotu seeing the reality.

You made your own mess. 50% credit is allowed, but they never force you to buy.

I never buy on credit. You know why, because I'm smart and beeing safe.
You know why, becasue with the captial I have, I will not exceed, because I know my capacity.


Stock market is like my poker table, and I play around with blue chips.

well said. we have to do our own research and not listen to others. we should get on board first and not once the ship has sailed off. as i've mentioned previously its okay if you can swim well and get on board.

14what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 11:21 am

kiwi

kiwi
Senior Equity Analytic
Senior Equity Analytic
I was very interested in seeing and reading some of the previous posts that dindon1 had posted and also the comments to other posts that he/she had made. It paints a picture of what has brought dindon1 to the place he/she is in now.

15what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 6:16 pm

zen

zen
Manager - Equity Analytics
Manager - Equity Analytics
Tell you what mate.. Stay out of the stock market and put your money in a bank. You can't do business and you certainly can't do stock trading.
You can't even accept the consequences of your own actions, you don't know the FUNDAMENTALS of investing (never invest borrowed money), you blame other people for your mistakes, you don't do any research (you THOUGHT there was no force selling) and you give up too easily (One big loss in a declining market and you are crying like a baby).
These are harsh words but this is the reality. This is not a suitable place for you. Just sell your shares, settle the debt and stay out.

16what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 6:28 pm

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics
Dont use the Credit. Even u hv millions Credit limit, dnt use. But if u hv 500 Rs in ur a/c buy 100 MULL this will make u happy

17what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 6:56 pm

manula


Vice President - Equity Analytics
Vice President - Equity Analytics
yes.. don't buy on credit though you have. don't be too greedy. buy shares from your own money. No one can predict the market, so many shares are manipulating .. so has to be careful. This will be a good lesson to all. some time you will be lucky..but nothing can be guarantee. But if you go for a fundamental value share at least you will be a winner in long run. Share Market is not a casino house.

18what The Hell??? Empty Re: what The Hell??? Sat Sep 17, 2011 7:02 pm

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics
@dindon1 wrote:My broker firm allowed me to buy stocks up to 50% on credit on top of my invested amount.
My understanding is there is no force selling prevail at the moment.,But as my portfolio value is decreasing day by day due to share price drop,My 50% credit value has reached to more than 50% and every day my broker firm wants me to sell shares for lost to make it 50%..By doing this my portfolio value has decreased considerably.
And also now they are telling me that I have to settle that 50% credit as well,even though they are charging me penalty interest constantly.
I have lost more than 1.6 million rupees so far from my hard earned money and which is more than left for me now in my portfolio.
Can any one tell me the names of those regulators,so I can go to a black magic place and perform a black Magic to wish their lives become a hell and also to add wishing for their parents and children as well.,What else would I do??Go to their addresses and bash them or through acid on their faces??
What a Face



tell us who is the broker firm. Without stating broker firm how can trust your word.
And why some people not mentioning the broker name and using the term "my broker" ? Don't they have guts to say that ?



19what The Hell??? Empty Re: what The Hell??? Sun Sep 18, 2011 8:58 am

Aamiable


Vice President - Equity Analytics
Vice President - Equity Analytics
@manula wrote:yes.. don't buy on credit though you have. don't be too greedy. buy shares from your own money. No one can predict the market, so many shares are manipulating .. so has to be careful. This will be a good lesson to all. some time you will be lucky..but nothing can be guarantee. But if you go for a fundamental value share at least you will be a winner in long run. Share Market is not a casino house.


September dead line is not over yet. ....after that normal growth can be expected.

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