Vijay Kedia has explained how investors can spot scam cos like Gensol

Here we track the latest buys and sales and portfolios of famous investors
Post Reply
Pee Vee
Site Admin
Posts: 632
Joined: Mon Dec 26, 2016 10:45 pm

Vijay Kedia has explained how investors can spot scam cos like Gensol

Post by Pee Vee »

Vijay Kedia posted on twitter about how investors can spot scam companies like Gensol.

"There are many 'Gensol' still hiding in the cupboard—waiting to tumble out with time. Let’s hope it’s not too late by then.

10 Red Flags That Scream Before a Scam.

It’s wiser to be wary of companies that:

1. Talk big and overpromise
2. Maintain constant media presence — through news coverage, hyperactive social media posts, and endless interviews
3. Magnify even the smallest developments
4. Raise funds frequently without clarity on deployment
5. Diversify into unrelated businesses just to ride trending narratives
6. Overuse flashy buzzwords to sound innovative without real substance (e.g., “AI-powered,” “next-gen,” “disruptive”etc )
7. Flaunt lavish promoter lifestyles that don’t match company performance
8. Have high levels of promoter pledging
9. Face frequent exits of key personnel (CFOs, auditors, CXOs)
10. Engage in excessive related-party transactions

And yes — there may be more red flags beyond this list. Stay curious. Stay cautious. ⚠️ 📢

https://x.com/VijayKedia1/status/1912513897455661131
Post Reply