peterlaz

peterlaz | Joined since 2013-01-03

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2013-04-14 22:41 | Report Abuse

I have been attending Mr. Ooi's gathering since April 2012. At no point in time he has made any "predictions". You need to have the ShareXpert system to make sense of his analysis. His mantra has always been "Price can lie, charts never lie". He supports his charts with fundamental analysis and with a word caution about Mr. Market's unpredictable behavior.

It seems some people have got hold of the information meant for his students with ShareXpert system and decided to trade without understanding the context in which the analysis were made.

Anyone who thinks he or she can trade by just listening to tips is gravely wrong. In selecting a trade one has to look at both the quantitative and qualitative aspects of the company. The safety does not come from placing your money on the tips but in investing in businesses that you understand.

Faisal53, you need to do your own research and justify your trade. An intelligent investor like you owe it to yourself not to depend on tips (true or otherwise).

"Risk comes from not knowing what you're doing" - Warren Buffet.

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2013-04-11 14:10 | Report Abuse

Stock 5678 thanks for your input. I bought mine at 1.77 and sold it at 1.85 just before the parliament dissolution. It is now heating up and I will just stay on the sidelines and watch things unfold.

Stock

2013-04-11 13:49 | Report Abuse

What is the reason for the price movement? There hasn't been any news about Huayang lately! Can someone share with us?

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2013-04-11 11:39 | Report Abuse

I too bought L & G Shares. The rights issue and the purchase of the property is something that is done by inner circle management. There is no way Mr.Ooi can be privy to this information unless one is part of the inner circle. Shit happens and all investors must just learn from the episode and move on. Now we know the inner circle management of L & G don't give a hood to minority share holders. They need to make some amends if they wish to see the L & G price rise to their former glory.

I am a student of Mr. Ooi and learned TA from him at a record time. From a zero base on stock trading, I am now comfortable to make my own informed decision on whether to enter a trade. Thanks to Mr. Ooi.