Shankar Sharma Forecasts a 90% Drop in Certain Stocks in Upcoming Bear Market: Impact on Bitcoin (BTC) and Other Cryptocurrencies
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- India’s bull market faces a significant threat in the form of overcapitalization, according to ace investor Shankar Sharma.
- Sharma attributes this risk to the greed of merchant bankers and operators, who encourage promoters to raise excess capital.
- He warns that stocks of companies with overcapitalized balance sheets could see a 90% drop in the next bear market.
Ace investor Shankar Sharma identifies overcapitalization as a major risk to India’s bull market, warning of a potential 90% drop in the value of overcapitalized stocks in the next bear market.
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15m ago•
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