Replies to post #454 on Satyam Computer Services Ltd. (fka SAYCY)

[Minddoc7]

Tech Trader Daily
News, analysis and insights from Barron's Silicon Valley bureau.
Search Tech Trader Daily September 22, 2010, 3:27 PM ET.Satyam To Catch Up On Rpts; Could Merge With Tech Mahindra.Apple: CDMA iPhone Production To Start Next Qtr, Analyst Says
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By Eric Savitz
Satyam Computer Services (SAY) shares are trading sharply higher after the Indian IT services company said it will announce audited results for both its March 2009 and March 2010 fiscal years on September 29. Bloomberg also notes that following the company’s announcement, Satyam could be absorbed by controlling investor Tech Mahindra.

The company hasn’t reported results since former Chairman Ramalinga Raju disclosed in January 2009 that he had over-stated the company’s assets by $1 billion. The scandal that followed eventually spurred the sale of control of the company to Tech Mahindra.

[tothe]

SAY charts
Quick fundies
http://finviz.com/quote.ashx?t=say&ty=c&ta=1&p=d
Financials
http://www.gurufocus.com/financials.php?symbol=SAY
Options link
http://www.optionseducation.org/quotes/
Filings
http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001106056&action=getcompany
Institutional investors
http://www.dailyfinance.com/company/satyam-computer-services-limited/say/nys/institutional-ownership

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Trigger list
#1. AROON- 8 you watch as the Aroon down crosses the 75 down and the aroon up comes up from zero. Most important. (\0/)
#2. WILLIAMS%R- 9 You watch the line cross the 50.
#3. CMF- 15 You will usually only see growth when the CMF is in the negative.
#4. ADX/DMI-5 You watch as the D+ line either crosses the D-, or crosses above the 20.
#5. MACD histogram- 5,15,10 You watch the negative bars register -50% smaller then the bar before it, or -50% smaller then the largest in the grouping.
#6. Full Stoch- 5, 5 You watch the fast line cross the slow line while the aroon down(8) crosses the 87.50. Crossing the 20 would be best, when the williams agrees.
#7. Bollinger Band 20,2 You watch for the Magic Box to occur when the negative close touches above the lower bolly and the next day’s close to it is positive growth in a white candle.
#8. RSI 5 you watch as the indicator crosses above the 50 for a quick pop.

Links to kgoodrich or Chartinator on chart application toward buying stock for the compound
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37119243

[Florinda]

Bsirola,

Thanks for your further thoughts. I tooled around the Mahindra Satyam site and didn't find where they state the number of employees they have. However, I googled it, and it brought up this webpage:

http://www.linkedin.com/companies/mahindra-satyam

wherein it states they have 25,000 employees, not 30,000. I have no idea how up-to-date this information is. But, as I said, I didn't see that kind of information on their website--it's probably somewhere, just not sure where.

Also, as the previous poster posted, today (Wednesday) a brief note from Barron's stated that:

The company hasn’t reported results since former Chairman Ramalinga Raju disclosed in January 2009 that he had over-stated the company’s assets by $1 billion.

http://blogs.barrons.com/techtraderdaily/2010/09/22/satyam-to-catch-up-on-rpts-could-merge-with-tech-mahindra/?mod=yahoobarrons

So if the 25,000 is correct, I'm not sure how (or if) you would incorporate the above statement about the billion dollar over-statement of company assests into the equation.

For those who are already in, it's obviously a nice play. But with a 30% run-up in two days, not sure I want to jump on at this point. And now a blantant suggestion of a possible buyout after the audits are out, that is, that "Satyam could be absorbed by controlling investor Tech Mahindra". Although that bit of "news", which came about a half hour before the close and evidently fueled the late day buying binge, will presumably fuel a rally tomorrow, it sounds like a perfect setup for buy the rumor sell the fact type of situation. If one is quick, that could be fine. But it gives me pause. We'll see. I wish we would have had this conversation a few days back. Still, thanks a lot for calling it to our attention over on the SIAF board.

Steve