Eros International Plunges Further and Triggers Adjustments on the “Binary Trade”

Eros International (EROS) faced the public and once again failed to deliver reassurance. EROS management attended the Wells Fargo Technology, Media & Telecom Conference on November 11, 2016, and the stock promptly plunged. By the end of the day, the carnage totaled to a 26% loss. On the 13th, the selling resumed. I guess EROS … Read more

Eros International: Potential Trades On A Likely Binary Outcome

The recent plunge in Eros International (EROS) is finally getting some mainstream media attention in the U.S. Bloomberg ran a story on Friday, October 23. This attention finally prodded EROS management to issue a statement about the latest drama in its stock. Reuters quickly followed with a story on that press release. Forbes Asia did … Read more

The Mysterious Plunge in Eros International

On October 13, 2015, Eros International, Plc (EROS), a major distributor and producer of Indian entertainment, held its inaugural Investor Day. The stock has been plunging ever since. Source: FreeStockCharts.com I have been tracking this stock ever more closely since the first big drop. I enjoy Bollywood flicks, Bhangra, and Indian pop music, so I … Read more