And to think we thought having a major Indian company like NMDC would make the company. Boy were we wrong! I wonder how many small investors were stung by their misleading and in some cases downright false announcements? I don't know what lessons can be taken from this other than to take all company's announcements with a pinch of salt. If so, how can we make investment decisions. Please don't reply with all the usual sayings DYOR, high risk high reward, don't invest what you cant afford to lose, balanced portfolio, etc etc. Nothing prepares you for misleading info. I am out but badly burnt and wonder how many other seasoned investors are in the same situation?
NMDC Considering HAW buyout - Article, page-35
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