Tuesday, August 08, 2017 8:35:46 AM
Don't forget he's still making a salary as a liquor importer through United Spirits.
Don't forget he owns 60m shares.
If he showed HIS interests were aligned with shareholders people would feel comfortable holding on.
By taking a large salary with hundreds of millions of shares in overhang he showed HIS interests are very different.
HE will vacuum a lot of cash-flow until Bellissima is sold.
He needs a great Q to salvage the stock.
Why do 99% of day traders lose money?
They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.
In other words, they pattern trade until they lose money. 99%.
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