June 28, 2017

Another pump and dump scam- SFL INTER (BSE 530867)

Got a sms today (3, actually) from AM-EQUSTR trying to persuade me to buy 5000 shares of SFL Intl Ltd

This company is a "Clothes and fabric manufacturer in Ahmedabad, India".

So this company's stock price is on the decline since the past 2 years (at a time when there is a bull market). 

So what does this mean? It means that the promoters are fooling their shareholders in this company.

In addition to not adding value, they are now running a pump and dump scam (for an example, see http://logtk.blogspot.in/2017/01/stocktips-arnavcorp-munafa-research-and.html )

STAY AWAY FROM SFL INTL.

If you can, put in a complaint to SEBI at sebi@sebi.gov.in

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Want to make money in the stock market?

Then check the websites below.
The most important advice to make money in the stock market
Equitymaster  (Paid stock advisory services better than Osar capital)
Sanjay Bakshi, a successful value investor
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Capital Ideas online Value investor Chetan Parikh
Basant Maheshwari, Value investor

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