Complaint Details

Status	:	Closed
Complaint No	:	0005916/2013
Category	:	Business & Finance
Date	:	20-08-2013
Subject Line	:	No Integrity
Complainant	:	Sreeselva Veene
Address	:	1834, 7th Cross, 19th Main, JP Nagar 2nd Phase
Complainee	:	HBJ Capital
Address	:

Complaint Details
Absolutely irresponsible and unprofessional set of people. Promise one thing and deliver something else. Promise 24/7 support and don't even respond in 3 days. Their team is full of arrogant guys like Sandeep Jain, Rahul Tayal and Arnab who say that you can go to consumer court or Supreme Court, we don't care.

60% to 80% of their recommendations are in doldrums. Following are a few which have done wonders in reducing one's portfolio to ashes. They don't market the following failures and flop shows. Instead, they market the 1 in 100 which would have done better. Any idiot could have picked such stocks. They work on survivor bias.

Confidence Petro recommended around Rs.20
Sanghvi Movers recommended around Rs.40. Even today it's supposed to be a Strong Buy. Somebody should teach these guys what opportunity cost means
HSIL - Loser stock looking at other better stocks around
Autoline Industries
ABM Knowledgeware
Jain Irrigation, Indraprastha Gas, ......................

the list is endless.

When they market, they come out with a few survivors like CERA, Astral, Venky's, etc. which anybody else would have picked at that point in time.

Their quarterly Flashback report is a load of crap. Guys, if you really want good service, look for someone else like EquityMaster or simply go through Blogs like Amit Arora's, Value Pick, etc. These guys have loads of one great quality which these HBJ guys lack. INTEGRITY.

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