Scripscan:Comfort Intech Ltd
cmp:25
Code:531216
Story:In the last 5 years the turnover of the company remained between 60 lakhs to around 2crs.The profit garnered by the company ranged to the tune of 40 to 90 lakhs.Operator activities are still to be seen no matter how bad or good the environment be.Consider, Comfort Intech Ltd-A company engaged in the business of?God knows what.Maybe some capital market related stuff and project financing which am assuming as even after giving a close eye I failed to understand the business model.But BSE-listed companies like these are ripe for manipulaion. The stock has zoomed a humungous 1200% in the last 12 months. Neither the regulator nor the BSE appear concerned.Simple gullible retail investors would get lured by the rise and inevitably with every manipulated upper circuits the greed would inch up only to see the nosediving of the counter to its deserved level after a while.Who knows with operators participation it may well hit dizzy heights of 30-40-50 even 100 but once stucked be rest assured it would turn out to be one of your biggest nightmares.Folks rather than blaming stock markets blame yourself for your losses.Avoid buying craps and opt for better growth oriented companies suggested by myself to make a pot of money in the longer run.
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Tuesday, November 10, 2009
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