I definitely think this counter will be abuzz that is full of volumes on Monday the 27Th. The reason behind this is that Mahindra Satyam has decided to delist itself from American bourses and on Friday it got worst beating on NYSE whereby Satyam ADR (American Depository Receipt)was down 25 Odd percent.Mahindra has stated it can't put forward its financial account statement for the last quarter within the stipulated time,set up by SEC(American security Exchange),that is 3rd Oct 2010 due to the irregularities created by R. Raju this mess which is yet required to be cleaned completely....... Having said that this is a sound company bought by an even stronger group hence all dips can be bought but most importantly for a longer time horizon.... Happy Trading......
Dont go by roumors on the company, its a good buy , 1 month time frame Merger with Tech Mahindra and share distribution ratio is 1:3 so hold satyam untill Nov Tech M is trading at 750 + so 1: 3 means satyam to reach minimum 200 In a month. HOLD.
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