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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ksszetho
5 posts
Posted by ksszetho > 2011-07-26 15:49 | Report Abuse
A pensioner told me he had subscribed for the Hibiscus Petroleum IPO because he thought this company is in the petroleum business and hence it is safe to invest in. He did not realize that it is a shell company with no assets and no operating revenue and income at all. I am sure he is not the only one who had subscribed for the IPO. Good luck to them and their hard-earned savings!