We are seeing lot of advertisements of FCS software in
business channels like CNBC in these days claiming its
glory and expansion plans.This is increasing the confidence
of retailers and they are buying in bulk with very big dreams.
But what is really happening through the other side is really
alarming .Promoters are offloading their holding in open market
on a daily basis . But they are very smart and it seems that the
major sellers are absent in last half an hour to get a higher closing
rate(closing rate is calculated on the basis of Weighted average of
last half an hour only) and continue their selling on the next day.
Have a look at the latest sale figure of its Main promoter
business channels like CNBC in these days claiming its
glory and expansion plans.This is increasing the confidence
of retailers and they are buying in bulk with very big dreams.
But what is really happening through the other side is really
alarming .Promoters are offloading their holding in open market
on a daily basis . But they are very smart and it seems that the
major sellers are absent in last half an hour to get a higher closing
rate(closing rate is calculated on the basis of Weighted average of
last half an hour only) and continue their selling on the next day.
Have a look at the latest sale figure of its Main promoter
cum MD cum Chairman Mr Dalip Kumar in open market.
Date of Sale
3 June 2010 5000000 (Fifty Lac)
6 July 2010 5000000 (Fifty Lac)
14 July 2010 10000000 (One Crore)
Now everybody knows the reason of daily advertisement
through business channels . If everything claimed by company
are true ,what is the meaning of these huge sell figures of the
promoter ???? .So take utmost care while buying shares
of companies giving unnecessary
are true ,what is the meaning of these huge sell figures of the
promoter ???? .So take utmost care while buying shares
of companies giving unnecessary
advertisements and announcements through channels.
If more companies following this trend ,it is better to
considering a buy of the shares of companies running
business channels ,since they are the only beneficiaries
other than promoters of these type fraud companies.
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