keithpiccirillo

Starting HDFC Bank on Satyam Scandal

Nice logic, buying stock on news of a recently tarnished stock in that same country.
Chart looked good even prior to today.
BKX was off todayand VIX deteriorated.
I'm in on this tomorrow, as a trade, the risk is concurrent with C or any of it's ilk.
Little divis don't matter for a trade, but they're growing their revenues, although the beta is pretty high at 1.7 for longs.
Thanks for the reminder, I can use today's DUG winnings to pay for this shindig.

finance.yahoo.com/q/ta...=