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Satyam Crisis Makes Cab Driver Rich!!!

Khasim is a small cab driver who was passionate in Stock Market and he had opened a Demat Account very recently. On 9th Jan he heard the conversation of the passenger who was a placing a sale order of his 200 shares as the price was coming down. Khasim managed to spend 1 lack of his hard earned money in stocks.

He quickly reacted and he went to nearest Stock Broking office and asked the employee "Ek lakh rupayee mai kithna Satyam Shares aayega" (how many Satyam shares will I get for Rs 1 Lakh?) and employee did not have the time to laugh as he was very busy with the phone calls against Satyam stocks, he casually answered "pandra hazar"(15000).

Soon he placed the order. On Monday, when Satyam stock was at Rs 38 he sold his 15000 shares  which he bought at Rs 6 on NSE for a whopping price of Rs.38 each and left with Rs. 5,70,000.00. Khasim never follows CNN IBN nor takes advice of any analyst, he just used his common sense. He says that "Agar Satyam dubne vale company hai tho be Shares chey rupaye mai milna namunkin hai" (even if Satyam is a sinking ship, getting shares for six rupees is impossible).

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