FRAUD: Profiquity recommended stocks now down. Total 75 % loss. FRAUD.

As discussed in a previous post, https://logtk.blogspot.com/2019/02/profiquity-will-make-you-lose-money.html

Profiquity recommended 2 stocks in its Jan 2018 "investment newsletters" sent to former HBJ clients.

1) Lasa Supergenics
2) Sahyadri Industry Ltd

The share price of Lasa has gone down from Rs 200 (at the time Profiquity recommended it) to Rs 10.

The price of Sahyadri has gone down from Rs 292 to 137 today.

If you had, for example put Rs 1L equally in both stocks,

50000/292= 171 shares of Sahyadri. Value of those 171 shares- 23427 =46 %. Therefore you have lost 54 % of your wealth here.

Another 50000 in Lasa. 50000/200= 250 shares. 250 x 9.9 = 2475 = 5 %. Therefore you have lost 95 % of your wealth here.

Therefore, your 1L is now only 25000 today! Thanks to Profiquity. As I mentioned earlier, they will get rich, you will get POORER!

An erosion of 75 % of your wealth in just 18 months. What an achievement. Clap clap clap.

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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

http://www.safalniveshak.com/

Moneylife Magazine  (Paid magazine)

http://moneylife.com


Sanjay Bakshi, a successful value investor

https://fundooprofessor.wordpress.com/


Rakesh jhunjhunwala

http://rakesh-jhunjhunwala.in/


Capital Ideas online Value investor Chetan Parikh

http://capitalideasonline.com/wordpress/