Please explain to all on how your stock pick performance so bad this year? So everyone can learn. Keep defending useless, no people will listen to you.
"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" sell their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump and dump schemes are sometimes called "chop stocks".[1]
While fraudsters in the past relied on cold calls, the Internet now offers a cheaper and easier way of reaching large numbers of potential investors.[1]
Comment: For effective "Pump and Dump" to work, the schemer (operator, syndicate, bankers, etc.) needs to create a lot of hype about the stocks he is promoting and needs a large following of "suckers". That way he can guarantee himself a fat profit by dumping large quantities of stocks even with small margins. That is why experts say 90% of those who get into the stock market lose money - not because they are stupid or greedy or ignorant ... but simply because they allowed themselves to be set up for the trap and become suckers. Hence the wise saying, "There is a sucker born every minute."
Posted by Ooi Teik Bee > Jun 15, 2016 11:02 PM | Report Abuse
Fact 1 - In 2015 I made 129% gain whereas Optimus made 15% loss. I believe I am still better than Optimus even 2016 showed a small loss temporary. Optimus dare not even compete in 2016 competition. I admit my 2016 stock pick is not good.
Fact 2 - Optimus use his long term girlfriend and his brother account to trade in Interpacific, still owed a bad debt of a few hundred thousand. How can he better than me in trading ? Hence he is really Holland Sifu.
Fact 3 - Optimus's real name is Simon Kueh, ex co worker at Jupital Pro. He always bullied people via internet network.
Posted by Ooi Teik Bee > Jun 15, 2016 11:02 PM | Report Abuse
Fact 1 - In 2015 I made 129% gain whereas Optimus made 15% loss. I believe I am still better than Optimus even 2016 showed a small loss temporary. Optimus dare not even compete in 2016 competition. I admit my 2016 stock pick is not good.
Fact 2 - Optimus use his long term girlfriend and his brother account to trade in Interpacific, still owed a bad debt of a few hundred thousand. How can he better than me in trading ? Hence he is really Holland Sifu.
Fact 3 - Optimus's real name is Simon Kueh, ex co worker at Jupital Pro. He always bullied people via internet network.
OXB help Koon Manage fund , like this you all still donno ?? aiyoo , he been helping the old man buy and after they buy , will post in I3 or so call TIPS and email to all of you who pay $$$
when everyone know still need proof ? later after bought stock , Mr old Man will say ohh sorry due to many margin account to manage , i can't remember which stock i buy or sold. Therefore i am late in making the announcement to Bursa because i am age 85 old man....
created many millionaire clients in my life as their remisier & found one old man koon koon who always forgot to declare announcement to bursa because want hidden the record until everyone in the world know ! muhahahahaha Koon bee or bee koon ??
I am going to write a fair comment here and I am not gonna side with anyone.
Let's take a look at the returns of OTB's portfolio for the past few years (all figures as claimed by OTB himself):
Assume you start with RM 100,000.00.
2013 - 104% ROI - Your total value is now RM 204,000.00. 2014 - 61% ROI - Your total value is now RM 328,440.00. 2015 - 129% ROI - Your total value is now RM 752,128.00. 2016 - -21% ROI (based on current result) - Your total value is now RM 594,181.00.
Yes, in year 2016 you have a bad year with around RM 150,000.00 being wiped off from your total value. But you still end up with almost 6 times your original investment value. CAGR or Compounded Annual Growth Rate is 81.12% over the period of 3 years which is very impressive.
So it shows one thing; one year of bad result is nothing. The most important thing in investing is consistency. If you have 1 bad year but 9 more good years, does it means your result is bad? No.
Then again, no one thus far can keep such high returns over a long period of time (20 - 50 years). Can OTB continue to perform well each year? We don't know, will have to see it for ourselves. Did OTB cheat his subscribers and prioritize VVIPs? I don't know, I'm not one of his subscribers. Is he being unethical? I don't know the guy and his dealings, I can't tell from my point of view. But I do know his record is still an impressive one.
Only time can tell how well or bad will his performance gets as it goes on. So I suggest we stick to facts and see for ourselves how his performance will be for the next few more years.
Year 2013 - Global market generally are rising due to the low base of the 2008/9 subprime crisis Year 2014/15 - Theme play because of RM/USD and depreciating O&G Let us see whether OTB can catch another THEME now to help his calls.
There are many smart readers here, people talk with facts and figures. Not simply talk and make sweeping statement. A very good example, what is the fault of me related to Mr Koon slow report of substantial shareholder ? Is it will affect my performance ?
When you simply write, we know how much good material inside you. We want factual information to convince people, but not sweeping statement. Readers here will respect you when you talk with facts.
Readers here are very qualified and they do not like to attack people without facts. It is a debate here, talk with facts and figures.
Thank you YF.I am interested to learn stock investment because I believe that this activity can help me to make some money for my retirement. If you come across any interesting stock, please WhatsApp me at 0122386550. Regards Ir Chong
OTB, thanks for all the contributions. I went through 2016 purely on my own stock picks and made >20% for 2016. However, I don't think I can repeat this level of performance every year so I'm going to follow all your teachings (including going to your classes) as I just found out about you. I also firmly believe in combining TA + FA in choosing stocks.
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....
tc88
573 posts
Posted by tc88 > 2016-06-15 19:58 | Report Abuse
Please explain to all on how your stock pick performance so bad this year? So everyone can learn. Keep defending useless, no people will listen to you.