Ananthoo's updates

When all trees have been cut down, when all animals have been hunted, when all waters are polluted, when all air is unsafe to breathe, only then will you discover you cannot eat money. - Cree Prophecy

Thursday, June 05, 2008


On anticipation of price rise of Petrol most bunks didn’t sell yesterday evening (rather from noon!)..what a shame..This was just on anticipation of the imminent price rise..but that has been going on for quite sometime now..that by itself is a shameful act, for the govt to dilly dally for so long..and when it came out with strong rumors (yeah most decisions of our govt is ‘leaked’, tested and then the real announcements follow)
So yesterday most dealers knew govt wudnt pull on further and so shut shops..what a shame..all this to book more profits on their existing stocks..such hiding under the armpit strategy gets them the price rise (Rs. 5 in this case) plus their original margin (some 10%?) greedy can one get and how cheap can they stoop?
The irony here was the price rise came on the world environment day! A good move to dissuade us all from automobile usage!



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