Here is one of the ways an investor can come out of Satyam. Now there is a high chance of not getting anything from ur holdings. So u have to risk ur entire holdings.
Suppose u hold 100 shares of Satyam at say Rs.100. (Amount Stuck=Rs.10000)
U sell off the shares when markets open on friday. Suppose u sold the shares at Rs.30/- then buy it back if the share prices further falls to sayRs.10. This will amount to Short Selling n u will make a profit of Rs.20/- per share n so ur profit will be Rs.2000/- n u will still have 100 shares in ur hand at Rs.100. And now the amount stuck will be Rs.8000. (initial amt stuck Rs.10000 - profit Rs.2000/- on short sales). U can do this transaction for 3-4 times if share prices keep giving the rally as expected. U have to risk ur entire money n it will be profitable as u wont get anything from the company. So take the risk as per ur ability.
Further U can even hedge ur losses by Short Selling Nifty when markets open on friday. Nifty has strong support at 2600 levels so even 1 lot of Nifty can give u good profits.
Both the above stratagies will work if the markets fall on friday. Satyam press sessions will be held on 5:00pm today n further updates will be given to u on this webpage.
Thank U.
