QUOTE(jdgobio @ Apr 15 2014, 03:46 PM)
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Good synopsis. The intention of the story seems to encourage some blind investing. Disappointing that the Unclez didn't advice the boy to learn up on investing, stock markets, etc.
I am not impressed with this part either.
QUOTE
Boy : What shares can I buy with just 10 grands? Presbhd is already close to 4. I only can buy 2.5 lots the most. With just 2.5 lots, I cannot earn much even if the share price fly.
UncleZ : You are right and wrong. Right is that just 2.5 lots won't make a lot of money for you. Wrong is that if it fly, you still good gain in percentage term. The bottom line is, you are still making money and not losing money.
Boy : I never thought of that. I am thinking to buy cheap shares because it has higher chance to increase by 100% or 200%.
UncleZ : There is no such thing as cheap stock. The stock market would not readily wait for you to pick up the cheap stock. There is only affordable stock but not necessary cheap. For example, a 50 cents stock is not necessary cheap. In fact, it may be more expensive than a RM5.00 stock in valuation terms. But 50 cents stock is certainly considered an affordable stock, never mind whether it is expensive or cheap. Speculators do not differentiate that anyway.
While in general, this section advice was decent.
But as a writer, I felt he deliberately chose Presbhd, a stock which the writer owns.

Why need to use Presbhd?
I may be wrong but I felt he was trying to say that Presbhd is worth a buy.
I felt this was written in a snakey manner.