Wednesday, June 10, 2015

Surana Solar - Isn't this blatant cheating?

Shares of Surana solar were up 9% or so.
There was a news that Rakesh Jhunjhunwala had invested in this share.

As we know, if RJ invests, many people blindly follow.

But as per below URL,
http://www.moneycontrol.com/news/buzzing-stocks/surana-solarthe-casethe-other-rakesh-jhunjhunwala_1404510.html

it seems RJ hasn't bought the shares at all!!!

Someone opened an account by the name Rakesh Jhunjhunwala and did the trade....huh?

The stock crashed 15% later.


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