Monday, October 15, 2007

Kotak trading lines down and

TOday is the best day of my life... I cant talk to Customer service because of technical reasons, and I cant see details or number of buyers on my stock...

Its like playing poker with one arm tied behind ur back, you cant!

KOTAK UPDATES!

"Due to a technical problem in phone lines, customers will not be able to reach Customer Service department on 1800-22-2299.Inconvenience caused highly regretted."

Due to technical reasons, links of "Market depth" and "View details" for all BSE scrips have been temporarily removed from the website. Inconvenience caused is regretted.

Wednesday, October 10, 2007

Arithmetic Errors from Kotak!


This is the best example of "Kotak" arithmetic yet. This stock has opened at a price of Rs 41.40 and the last traded price is of Rs 40.90 which by "Kotak" arithmetic is an increase of 1.24%
And these guys actually look for new customers to buy this product!!!
Kotak clearly says on its website for the past four days that the quantity of shares traded and the last five trades cannot be shown for technical reasons. So tell me Kotak, what do I base my purchase or sale price on? Luck? How do i know number of sellers and buyers? And has it already taken you three days to get this fixed? Everyone else is able to deliver, they why cant you?
Think Investments, Think Kotak!!
I'm going to Reliance Money instead. They actually charge you just Rs 12 per trade irrespective of the amount of shares or the value of the trade. THis can be for delivery or for day trading. Find that unbelievable? Call Reliance Money and find out!!!
It is the lowest brokerage rates ever...
But if you are hard up on life and are used to being a sucker, you can hang out with Kotak Securities instead.

Friday, October 5, 2007

ITC Dips 3%!!! Only on Kotak Securities!!


TOday Kotak has decided that ITC should open at 190 despite the fact that the stock actually opened at 184. Kotak has thence calculated and come to the conclusion that this means that the ITC stock has dropped 3% today. The last couple of transactions also seem to have been done in the 188-189 range.


Surprisingly, the stock price of Kotak Bank, the company that owns Kotak Securities, breached the Rs 1000 mark today, a 170% increase in its stock price in a year. If it isn't quality that is driving their stock price, then what really is?

Monday, October 1, 2007

Shaw Wallace at 174.25!!! Only on Kotak Securities!!


According to Kotak Securities, the stock of Shaw Wallace opens at 174.25, the price that has not been quoted for over six months now. UNfortunately, I have tried time and again to purchase the stock at this price, but its like the eternal red herring .... If you do manage to purchase it at the opening prices of 174.25, please do let me know

Even before the markets open... Kotak's down!!

Its not that you need the markets to open for Kotak to crash. Kotak can crash even before the markets open. This is a picture of the characteristic "connection to database" error. If you wish to trade through Kotak Securities, you will get used to it. A day or two, and you will be as trained as I am. Dont give up... keep refreshing till the database comes back :)

The perpetual "Page cannot be displayed error"


When you want to buy or sell a stock on Kotak Securities, do not be surprised to see an "Internet Explorer cannot display the webpage" error. Its just Kotak's way of telling you to wait for a while while blaming your internet connection.

All stocks open at Zero ... Only on Kotak Securities


This is amazing... but its true. Its only on Kotak Securities that any security opens at Zero, or at any value that Kotak chooses for it. In this you see that most of the stock on the Indian Stock Market opens everyday at Rs 0.00. Hence if you do wish to buy stock, you would think that Kotak is where it is at 0. Unfortunately, most of the time Kotak is down, hence by the time your order is accepted by the exchange the prices would have gone up. The only stock that opens at the correct price is (no points for guessing this one)....
KOTAK!!! And thanks to gullible customers, the Kotak stock marches on and breaches a new high everyday!!