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Few tales in the stock market are as startling as that of Pressure Sensitive Systems (India), a micro-cap adhesive industrial tape manufacturer that briefly dazzled investors before collapsing under the weight of its improbabilities. The company, which had spent over a decade in obscurity, consistently reporting almost negligible revenues, suddenly began posting extraordinary financial performance a few years ago. Only for the remarkable story to unravel recently. Here's a timeline of its zero-to-hero-to-again-zero saga and the red flags the market could have spotted early on:
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