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ChAOoz
post Jul 17 2020, 05:48 PM

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QUOTE(Boon3 @ Jul 17 2020, 12:25 PM)
Had some time. Read Kenanga's TopGun report...

[attachmentid=10540873]

This is what TopGun has achieved as it is...

[attachmentid=10540874]

IMO, the following is kinda useful when TopGun reports its next earnings...
Cos you wanna get a grasp whether the bar has been set too high or in other words, you do not want to have TopGun release its earnings only to have all these fella saying... below estimates (which realistically should have been the earnings came out okay but we, the scientists, in an effort to BS the target higher, we simply gave chincai sky high rocket estimates.. )

2020 total net profit estimates is 1402.1 million.
currently TopGun has managed 575 net profit for its first 3 quarters.

Hence they are suggesting that the net profit for the coming quarter should be 827.1 million.

For simple comparison, last year, same quarter, TopGun only managed 80 million profit. (80 million fly to 827.1 million!)
For simple comparison, the last reported quarter, ie 2020 Q3, TopGun reported an already very respected 347 million. Which means this scientist is suggesting that TopGun profit increased by 137%.

Simple maths... nothing fancy...
so the very first part here is to ask... has the bar been set very high for the next coming QR report?

But you see, the Target Price was not set based on these number estimates... aha... got some tricks leh...
What is CY2021 estimate profit?
A cool  3996 million !!!
more a less suggesting that TopGun will average ONE BILLION ringgit profit per quarter...

and that's how they got the TP (TP tu stand for Toilet Paper ah? tongue.gif) of rm32.00
*cough*

High estimates? or simply chinchai whack sky high profit estimates?

you be your judge yourself ....
ps... when these scientists come out with new estimates almost every other week, you should know they are frying the stock up!
brows.gif
*
This has been one hell of a run hahaha. You throw what at the crowd they also take it.

Those analyst are like the moodys of the 08 crisis. We have glove here and then we have tech + EV on US. 2.2K TP Tesla / 1.2k TP shopify rclxm9.gif

P/E is outdated. Now we use P/S whistling.gif
TSBoon3
post Jul 17 2020, 06:19 PM

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QUOTE(ChAOoz @ Jul 17 2020, 05:48 PM)
This has been one hell of a run hahaha. You throw what at the crowd they also take it.

Those analyst are like the moodys of the 08 crisis. We have glove here and then we have tech + EV on US. 2.2K TP Tesla / 1.2k TP shopify  rclxm9.gif

P/E is outdated. Now we use P/S whistling.gif
*
*stare*

and p/s is... Point and Shoot ah?


ChAOoz
post Jul 17 2020, 07:05 PM

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Price-to-Sales Ratio. Instead of P/E ratio.
TSBoon3
post Jul 17 2020, 09:49 PM

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QUOTE(ChAOoz @ Jul 17 2020, 07:05 PM)
Price-to-Sales Ratio. Instead of P/E ratio.
*
LOL.. I am still very certain is a point and shoot. Point to a price target and they will shoot up a reason... tongue.gif
AVFAN
post Jul 17 2020, 11:33 PM

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QUOTE(Boon3 @ Jul 17 2020, 12:25 PM)
Had some time. Read Kenanga's TopGun report...
credit suisse one lagi teruk...! biggrin.gif
https://klse.i3investor.com/servlets/ptres/56015.jsp

the new TP is RM37, the highest one yet!

16/07/2020 21.74 37.00 +15.26 (70.19%) BUY CREDIT SUISSE
04/06/2020 14.32 23.00 +8.68 (60.61%) BUY CREDIT SUISSE
https://klse.i3investor.com/servlets/ptg/7113.jsp

but u must give credit... since the rm23 they gave on june 4 was the highest at that time and was realized since july 13.
so, rm37 given on july 16... can say maybe slightly possible la...! tongue.gif



TSBoon3
post Jul 17 2020, 11:44 PM

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QUOTE(AVFAN @ Jul 17 2020, 11:33 PM)
credit suisse one lagi teruk...! biggrin.gif
https://klse.i3investor.com/servlets/ptres/56015.jsp

the new TP is RM37, the highest one yet!

16/07/2020 21.74 37.00 +15.26 (70.19%) BUY CREDIT SUISSE
04/06/2020 14.32 23.00 +8.68 (60.61%) BUY CREDIT SUISSE
https://klse.i3investor.com/servlets/ptg/7113.jsp

but u must give credit... since the rm23 they gave on june 4 was the highest at that time and was realized since july 13.
so, rm37 given on july 16... can say maybe slightly possible la...! tongue.gif
*
tongue.gif

Credit Suisse and MacQuire scientists are most well known for sky high one.

Soon la... one of them will give rm50


yhtan
post Jul 20 2020, 03:46 PM

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From: lolyat


Mana ah boon, plantation stock coming liao
TSBoon3
post Jul 20 2020, 04:04 PM

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QUOTE(yhtan @ Jul 20 2020, 03:46 PM)
Mana ah boon, plantation stock coming liao
*
rolleyes.gif

Ayam playing with my spiders..... tongue.gif
yhtan
post Jul 20 2020, 04:04 PM

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From: lolyat


QUOTE(Boon3 @ Jul 20 2020, 04:04 PM)
rolleyes.gif

Ayam playing with my spiders..... tongue.gif
*
become spiderman pulak laugh.gif laugh.gif
TSBoon3
post Jul 21 2020, 09:36 AM

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QUOTE(AVFAN @ Jul 17 2020, 11:33 PM)


https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

QUOTE
Compare historical P/E ratio for Supermax:

The above chart shows Supermax’s earning for each quarter for the last 4 quarters totalling 7.99 EPS. Current price divided by EPS is Rm 3.97 divided 7.99 = 49.6 P/E.

Conclusion:

Basing on production cost for 1 glove with market capitalization, Comfort is cheaper.

Basing on historical P/E ratio, Comfort is also cheaper.

A few day ago, Comfort shot up 30% to limit high with about 100 million shares traded. The average volume traded daily is about 70 million in the last few weeks. Only institutional investors have so much money to buy such big volume.

Nevertheless, Investor should consider Supermax’s advantages. Supermax is a larger company with its own brand and its own marketing organisation to sell its product, it should be able to sell its products at relatively higher prices with better margin of profit.

Currently my investment is 70% on Comfort and 30% on Supermax. I am not sure which has the better profit growth prospect in future. 
1. 17th May. Acknowledges that Superman based on current earnings is expensive... and out of his investment, he holds 30%.


https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

1. 22nd June. He starts to give TP for Superman.
2. "Assuming P/E 20 target price Rm 14, Assuming P/E 15 target price Rm 10.5"....


https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

1. 1st July. He starts to revise price target.
2. 8 days....
3. He uses the stupid 15% compounded growth per month for 9 consecutive months
4. "Based on P/E 15 target price Rm 13.50, Based on P/E 20 target price Rm 18"

All it took was 8 days to increase TP from 15 to 18. LOL!

https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

1.12 days later. 13th July.
2. "Based on P/E 25 my target price will be Rm 30.25, Based on P/E 20 my target price will be Rm 24.20 which is easily achievable"

https://klse.i3investor.com/blogs/koonyewyi...oon_Yew_Yin.jsp

1. 8 days later. 20th July...
2. Superman closed at 18.40. Well short of his Fei Kei target prices....
3. He uses price charts and says...

Comfort shot up from 90 sen to close at Rm 4.11, an increase of 457%.
Top Glove shot up from Rm 6.50 to close at Rm 24.80, an increase of 382%
Supermax shot up from Rm 2.00 to close at Rm 18.40, an increase of 920%.


... and because Superman shot up so much ahead of others, Superman should be sold.... and preferly buy TopGun.

doh.gif doh.gif

12 days earlier... when he gave the TP of 24.20 .... surely he would have UNDERSTOOD that a price of 24.20, which he had suggested based on his 'conservative calculations' (yeah remember that phrase in that article), that he's implying Superman can incease by 1100% ... ..... now he says SELL and SWITCH?

rolleyes.gif shakehead.gif


See? See? U see why many of us see him as a ******** ? (well, chose your pick! tongue.gif ) whistling.gif
AVFAN
post Jul 21 2020, 09:46 AM

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QUOTE(Boon3 @ Jul 21 2020, 09:36 AM)
See? See? U see why many of us see him as a ******** ?  (well, chose your pick! tongue.gifwhistling.gif
*
da man is just talking, can't stop him! biggrin.gif

must not take him too seriously.
TSBoon3
post Jul 21 2020, 10:10 AM

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QUOTE(AVFAN @ Jul 21 2020, 09:46 AM)
da man is just talking, can't stop him! biggrin.gif

must not take him too seriously.
*
You give him too much credit... I think you are not aware of his longggggg history... tongue.gif

easily found on the net...

https://www.thestar.com.my/business/busines...t-the-only-one/

I did not like how that was written.. it's trying to say others had done it before.. so it's unfaor to blame Koon

anyway the case was...

The 83-year-old, who has amassed a huge following among the investing fraternity, is in the hot seat for his late disclosures of the disposal of his shares in a number of companies namely V.S. Industry Bhd, Latitude Tree Bhd and most recently plywood firm Focus Lumber Bhd


See he had a blog. Yup. He realised that creating a bunch of followers is good for his stock biz. He buys. He writes. Others follows. He sells.

He linked up with famous blogger like Dali (maalysiafinance) b4... linked up with this KN remisser (dun underestimate this fellow got strong subscrivers/followers) ...

His blog due to his poorly reasoned articles attracted criticism... he closed comments. But realised his blog wasn't getting no where... He then collaborated with i3. As you are aware, his postings are the only postings where no one can comment directly. You want to post something? Start own post commenting on his post. etc etc...

So back to VS, Focus... etc..... many got burnt cos they were unaware that Koon had already sold, despite Koon giving so much positive vibes about the stock...

it's so like Superman....
Just few days ago... his 2nd update price had target price of at least rm24.00.
Suddenly, article appears...
saying sell and switch to TopGun....
I mean... those who had followed... would be saying what the fark... you give TP for 24.00 but suddenly at rm18.40... you already sold... this is utter crap!
same thing all over ...
so predictable...




yeah...
he just rambling...
his right...

but me? after all these years...
I have zilo respect for that fella...

so rich already ma...
no need do all these nonsense lo....






TSBoon3
post Jul 21 2020, 10:20 AM

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Here's one...

http://www.tradeview.my/2020/04/tradeview-...o-koon-yew.html

Open Letter to Koon Yew Yin on Dayang, Margin & Ethics


Dear Tan Sri Koon,

You do not know me but I know you like many of the investors in the KLSE. Your reputation from the days as professional engineer, early pioneer of Malaysia’s construction and building industry as the co-founder of IJM, Gamuda, Mudajaya, prominent investor and philanthropist is known to many. Your vocal opinions and write ups are often read and referred by many people as well. In short, you are a very influential man. At a ripe age of being an octogenarian, many look towards you for guidance, wisdom and advice. This is especially so when it comes to investing in the share market. In fact, you have many followers and readers, I believe the most even in the entire i3 forum.

I have thought very long and hard whether to write an open letter to you, Tan Sri, as what I am about to say is not easy to swallow. I rarely write in reference to anyone in all my years writing, however in this instance, I cannot keep silent. I have to call you out for your unethical action in your public advice to readers / investors in the share concerning Dayang (5141).

Dayang share price today is RM1.30. In your latest 10th April blog writing, you said that you have sold all Dayang even at a loss because of the price trend reversal being unsustainable and the oil market. However, you have no less than 30+ blogs promoting Dayang from as early as 2019 until today. Even up until 1st April, you were asking “Ikan Bills” investors to not be stupid to sell Dayang and reproduced a write up from Public Bank with TP of RM 2.80 to support your claim. I have attached some recent articles by you below with some highlights on points you made (refer below).

I am calling you out now for misleading the public, readers and especially new investors who are new to investing with limited funds / savings. For everything you said and written have impact because of your stature, did you consider the repercussions of your action? You are rich and successful and do not need the money, but there may be some who have worked hard to save up their income hoping to invest in the share market during this lockdown period to supplement their family income or business income. As there are many writers in the i3 forum, some are great teachers, some are shady, some are syndicates hence many new investors would hope someone like you would be the right person to guide or teach them. What you have done is to a large extent grossly unethical and even immoral as we are now in the midst of an economy stagnation stage nation due to Covid-19.

I agree that everyone needs to take responsibility for their own action especially when it comes to investing. We must however acknowledge that as part of the investing community and society as a whole, as human being as well, we owe it to one another to be righteous and upright, and if we cant, we might as well keep silent. However, you chose to speak and write in the public forum, with the goal of helping people make money and teaching people how to fish. My observations - what you did was the opposite. You may start off wanting to give guidance and sharing good stocks so everyone can make money (including yourself) like Liihen, Hevea, Favco, Jaks, Teoseng, Dayang amongst the many, but whenever the calls start to go against you, you refuse to acknowledge but rather blame it on investment banks, company management, securities commission, ikan bilis investors, i3 readers on the forum, trends etc but you never once acknowledge you made a mistake. Even assuming you do not want to acknowledge mistakes, which is human nature (most wouldn’t admit), the least you could do is not double or triple down on the same call and write it publicly with so much conviction whilst criticising others who do not think like you. The best example for this erroneous mistake by you is Dayang.

I do not hold a single share in Dayang, but I think it is a good turnaround company which would do well if not for the oil market plunge. I can understand that this was unpredictable but that is the problem with companies in exposure towards commodities. This is a risk of investing but I dare say many investors do not think like you. The right thing to do was to own up or stick by your call, if you indeed believe so but not write articles over articles promoting your stock then selling suddenly and quietly leaving all your readers (supporters and new inexperience investors) suffering the brunt of the losses. You may say you also took a hit with Dayang, but please know that you can sustain the losses, not everyone who read your article and look up to you are as rich and successful as you who can sustain losses. Some may never rebound from this losses. Especially those who you followed your advice to invest on margin. Many would have lost their savings and be in debt as a result. This is also one of the worst advice you have shared with readers and new investors - to use margin to invest.

I3 Forum may protect you from the comments column hence, we will not know how readers actually think of what you have done. I think I have said enough. This is my personal opinion, I do not represent anyone or organisations but myself. Please understand, I have no animosity towards you and I respect you for your contribution towards education, poverty and also you past contribution towards Malaysia’s construction and building industry. I am not calling you out not to insult or embarrass you, instead intend to express my view for you to continue to be a part of the investing community with greater sense of accountability / responsibility. You must understand with your influence, stature and knowledge, many people look up to you and seek out advice and guidance.

Do not abuse the trust people placed in you. Economics like the laws of the world, have its own way of finding an equilibrium.

Sincerely,

Tradeview
11th April 2020
billy_overheat
post Jul 21 2020, 01:16 PM

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Since everybody is talking about unker kyy, looks like he's fooling everyone, again. Hahhahah

user posted image
ChAOoz
post Jul 21 2020, 01:54 PM

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QUOTE(ChAOoz @ Jul 6 2020, 12:37 PM)
KYY tends to overheat a stock, and when it drops. It dropped like a rock.

Some more encourage people to trade on margin. But oh well, that is his style. He clears positions also pretty fast, and once sold there will be a blog post on i clear all my holdings and the reason why.

Those clutching the bags, if they kena again this time shame on them.
*
Quote myself just for the heck of it. I sold my position blog post out again tongue.gif

Anyway after so many round, he is still as influential as ever notworthy.gif
TSBoon3
post Jul 21 2020, 03:24 PM

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QUOTE(ChAOoz @ Jul 21 2020, 01:54 PM)
Quote myself just for the heck of it. I sold my position blog post out again  tongue.gif

Anyway after so many round, he is still as influential as ever  notworthy.gif
*
There's a few things I wanna say... again. ..... tongue.gif

1. It's always not about whether the stock goes up as per what he recommends (this is why people are suckered .... ) but people needs to pay attention to his garbage reasoning....

How he got to his target price is BASED ON RIDICULOUS ESTIMATIONS. (ps. he's not even a qualified analyst... is he? lol)

2. ... and how he reasoned out his SELL totally made a mockery out of everything. Where is his integrity?

Post after post ... he made one sky high estimation after another.

And remember this... 13th July he upgraded his target price for Superman. He buta buta dare say based on his estimations which was safe and conservative... and using his std 20x pe, he said Superman target price should be at least 24.20.

If Target price was 24.20, why did he sell out on 20th July. (how many days ah?) at ~18.80.

This is the WHAT THE FARK point... one hand calling the stock to be valued at 24... the other hand selling the stock at 18.80...

THIS IS MORALLY WRONG!

and yeah... his sell reason... that Superman has already gone up how many percent since 2... that was utter shyte. If that reasoning holds true, why on earth did he dare suggest a TP of 24 for Superman?


3. and after so many round.... he is still as influential as ever.

LOL! People always want a sifu. Where's that Livermore book? LOL! Yes? tongue.gif

anyway... this is how it will always be...

suckers will always exist.... punters just want to follow the sifu. What's the stock? What's the TP? thats all they want to know. They do not care about the past. They reckon they will be the smarter sucker.... last time, old uncles kena.. we smarter than them!

.... and yet it happens again.

.. and again.

And this why a KYY will always exist! I buy, I write, They follow, I sell. What a lovely game this stock market is.





... like I said... so rich also need to do such low life stuff meh?

cheh.
ChAOoz
post Jul 21 2020, 03:40 PM

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QUOTE(Boon3 @ Jul 21 2020, 03:24 PM)
There's a few things I wanna say... again. ..... tongue.gif

1. It's always not about whether the stock goes up as per what he recommends (this is why people are suckered .... ) but people needs to pay attention to his garbage reasoning....

How he got to his target price is BASED ON RIDICULOUS ESTIMATIONS. (ps. he's not even a qualified analyst... is he? lol)

2. ... and how he reasoned out his SELL totally made a mockery out of everything. Where is his integrity?

Post after post ... he made one sky high estimation after another.

And remember this... 13th July he upgraded his target price for Superman. He buta buta dare say based on his estimations which was safe and conservative... and using his std 20x pe, he said Superman target price should be at least 24.20.

If Target price was 24.20, why did he sell out on 20th July. (how many days ah?) at ~18.80.

This is the WHAT THE FARK point... one hand calling the stock to be valued at 24... the other hand selling the stock at 18.80...

THIS IS MORALLY WRONG!

and yeah... his sell reason... that Superman has already gone up how many percent since 2... that was utter shyte. If that reasoning holds true, why on earth did he dare suggest a TP of 24 for Superman?
3. and after so many round.... he is still as influential as ever.

LOL! People always want a sifu. Where's that Livermore book? LOL! Yes? tongue.gif

anyway... this is how it will always be...

suckers will always exist.... punters just want to follow the sifu. What's the stock? What's the TP? thats all they want to know. They do not care about the past. They reckon they will be the smarter sucker.... last time, old uncles kena.. we smarter than them!

.... and yet it happens again.

.. and again.

And this why a KYY will always exist! I buy, I write, They follow, I sell. What a lovely game this stock market is.
... like I said... so rich also need to do such low life stuff meh?

cheh.
*
But this round he moderated slightly. He basically say, i sell cause i feel its expensive but overall i still like the industry. Hence i buy TG. So dont worry ya, TP still intact.

I tell you he rich, but his Dayang suffered. Sure he jackup superman kau kau and rotate from speculative to stable and then finally quietly exit the sector. Confirm this round exceed his previous dayang unrealized gain before the flash crash in O&G.

He is big shark, any water he go in sure disrupted. Somemore got blog.

TSBoon3
post Jul 21 2020, 03:53 PM

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QUOTE(ChAOoz @ Jul 21 2020, 03:40 PM)
But this round he moderated slightly. He basically say, i sell cause i feel its expensive but overall i still like the industry. Hence i buy TG. So dont worry ya, TP still intact.

I tell you he rich, but his Dayang suffered. Sure he jackup superman kau kau and rotate from speculative to stable and then finally quietly exit the sector. Confirm this round exceed his previous dayang unrealized gain before the flash crash in O&G.

He is big shark, any water he go in sure disrupted. Somemore got blog.
*
QUOTE
But this round he moderated slightly. He basically say, i sell cause i feel its expensive but overall i still like the industry. Hence i buy TG. So dont worry ya, TP still intact.


slightly is such an understatement here.... 13th July or EXACTLY 5 trading days ago ...

QUOTE
I want to be very safe and conservative in calculating my Target price. I assume the company does not have additional production and it does not increase its selling price for the next financial year ending June 2021, its annual profit will be 4 X 4th quarter PAT Rm 410 million = Rm 1,640 million.

EPS Rm 1,640 million divided by 1,360 total issued shares =Rm 1.21.

Based on P/E 25 my target price will be Rm 30.25.

Based on P/E 20 my target price will be Rm 24.20  which is easily achievable.   


All of the above was HIGHLIGHTED IN BOLD ....

5 trading days.... he spits out..... he sold and he has switched stocks... doh.gif


one hand say buy... one hand say sell....

like I said.... big millionaire... need to do such low life strategy to make money meh?



oh... yeah.... he also donates a lot ..... rolleyes.gif rolleyes.gif rolleyes.gif rolleyes.gif rolleyes.gif rolleyes.gif puke.gif


ChAOoz
post Jul 21 2020, 05:08 PM

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QUOTE(Boon3 @ Jul 21 2020, 03:53 PM)
slightly is such an understatement here.... 13th July or EXACTLY 5 trading days ago ...
All of the above was HIGHLIGHTED IN BOLD ....

5 trading days.... he spits out..... he sold and he has switched stocks...  doh.gif
one hand say buy... one hand say sell....

like I said.... big millionaire... need to do such low life strategy to make money meh?
oh... yeah.... he also donates a lot .....  rolleyes.gif  rolleyes.gif  rolleyes.gif  rolleyes.gif  rolleyes.gif  rolleyes.gif  puke.gif
*
He was rich-er before Dayang collasped. So need to make up all the lost profit somewhere. Supermax just came in at the right time.

I tell you he sure go TG then quietly disposed and clean his hand of glove sector entirely. After that maybe 1 - 2 month later blogpost about how he sold all glove due to "certain" reason. Nicely offloaded. This time profit fully lock in.
billy_overheat
post Jul 21 2020, 05:30 PM

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QUOTE(ChAOoz @ Jul 21 2020, 05:08 PM)
He was rich-er before Dayang collasped.  So need to make up all the lost profit somewhere. Supermax just came in at the right time.

I tell you he sure go TG then quietly disposed and clean his hand of glove sector entirely. After that maybe 1 - 2 month later blogpost about how he sold all glove due to "certain" reason. Nicely offloaded. This time profit fully lock in.
*
Many have been doing such things recently and the writings and showing portfolio are luring in many new players with no experience.

IF they are learning new things from the sifus, it's fine but more often than not, the recent bull has made them feel like invincible.

Oh ya, for those who are not accepting students? Write more to lure them in and buy while the writer offloads his/her share. cool2.gif

Go back to my paper trading and see see what can I learn, any tips to be more confident? sweat.gif I've been sitting very tight without touching anything for these two months.

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