Wisdom Wise

When a bullish article is not to be taken at face value

Ben Gan
Publish date: Fri, 27 Sep 2013, 09:42 AM
Ben Gan
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This blog is not responsible for your losses, nor does it share your gains. Whatever you read here, please read it with a pinch of salt. YOUR ACTION IS YOUR ABSOLUTE RESPONSIBILITY.
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The moment you read a bullish article about a certain stock,  do not rush in to buy. Not all bullish articles are meant for you to make money. Many are meant to benefit only a limited number of people. You know what I mean?

Bear in mind that big boys are very powerful. They are capable of manipulating the price;  they are also capable of manipulating the news.

If you don't want to be taken for a ride, you have to be careful; you must not act in haste. Many mistakes are made because of haste.

Check the latest quarterly report; check the balance sheet; check the income statement as well as the cash-flow statement. If you see some red flags that are not highlighted in the report, then that report must be read with skepticism.

Never buy a stock without having a good look at its chart. Never buy in a downtrend, and never ever go against the market. It is much stronger than you. 

If you don't listen to me, I can't help you.

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Discussions
4 people like this. Showing 1 of 1 comments

nightshade

the only reason they want the news to be published, is they want it to reach readers....

2013-09-27 10:19

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