I am the only one in this forum that did not believe for a second that Uncle Koon is in trouble. I have never met Uncle Koon before, but I can feel how seasoned and smart he is. This is because I dealt with successful entrepreneurs all the time. I know how much thoughts they put into things they do and how far they are always ahead of the crowd. Uncle Koon is one of those people. He has everything under control.
One of my friend despite bought only small quantity on dips counters recommended by Uncle Koon lost heavily.Being a philanthropist,you will do more good deeds by not recommending any counters in your writeups cause those savy traders would know how to benefit by riding the wave you attracted those traders' buying but only innocent and gullible traders/investors who do not know how will get badly burnt.Of course if you don't recommend, others would but it's their karma and not yours. I wonder the number of wounded traders/investors who bought the shares you recommended is big enough to negate all those donations you gave.The above is solely my opinion only perhaps something for you to ponder about if you are a Buddhist.
As I have said before,I was an ICU trader more than 20 yrs ago,I learnt no matter how much you have made ,you can lose it all or much more if you don't manage your risk in trading.I have been thru hell before and I really hate to see people suffering what I had been thru hence please do ponder on what I have just said,please manage your risk!
Posted by Annetan > Dec 2, 2018 08:15 AM | Report Abuse
One of my friend despite bought only small quantity on dips counters recommended by Uncle Koon lost heavily.Being a philanthropist,you will do more good deeds by not recommending any counters in your writeups cause those savy traders would know how to benefit by riding the wave you attracted those traders' buying but only innocent and gullible traders/investors who do not know how will get badly burnt.
I wonder the number of wounded traders/investors who bought the shares you recommended is big enough to negate all those donations you gave. ---------------------------------------------------------------------
Well said. This is akin to a BIg bro of gangster who rob/swindle money from people & on and off he donate money to temple & help some poor people, for the feel good factor or "atonement". Yack.
Many thanks to uncle Koon for sharing his view on stock trading/picking... I learn a lot from his postings till today.. A lot of people lose money in the stock market this year.. It is also part of the lesson or experience of stock trading.. Look at the bright side...some good companies are priced at the good bargain prices.. Thanks again to uncle Koon... :-)
how could someone claim himself as an super investor when he faced margin call and forced selling. he made alot during bull market, when most traders/investors made money as well.....so he is NOTHING special.
now uncle just come to his senses ar,don't borrow to much? in fact those who borrow all bankrupt in 1997-1998. always buy within your means so you won't bankrupt
what i want to tell uncle is this, mistake isn't a big deal, is when u make mistake and dont learn anything from it and continue doing it and that is a BIG DEAL. We must think what went wrong and how to prevent it from happening again. Would we have done something diff or still same if given the opp to start again at that point of time?
live and fight another day. even the best cant fight bearish market forces. Jesse Livermore lost and made his fortune 4 times. At the height he had 100 billion (in todays money) We are on the edge of a collapse in a 10 year cycle. even reported good result does not boost the share price. This phenomena is seen in every bear market correction and there is no demand for shares. drop in shares would be gradual and form a death trap. Why rush to buy GenM? 2019 wont be a good year for them, with the lawsuit on there will be a cooling period until trial whereby it is certain there is no settlement than the theme park will continue
its good to tell people not to buy Jaks, its a death trap. as long as the property section is not resolved, it will drain any profits. take a look at evolve mall, and you will be surprised that such a place exist. Truly horrifying. All the costs to maintain a mall down the drain everyday. they should dispose this liability at a fire sale as they are incapable to run it
If he had everything under control. He won't be crying father mother when the bankers are force selling his shares.
==== Posted by Icon8888 > Dec 2, 2018 07:53 AM | Report Abuse
I am the only one in this forum that did not believe for a second that Uncle Koon is in trouble. I have never met Uncle Koon before, but I can feel how seasoned and smart he is. This is because I dealt with successful entrepreneurs all the time. I know how much thoughts they put into things they do and how far they are always ahead of the crowd. Uncle Koon is one of those people. He has everything under control.
Money n Risk management play an important parts...Uncle Koon I think he is under control...with his experiences... probably he will win Big again... that's why he has the guts the write...admit his mistakes...be humboe...n move On...!!!
All self professed gurus and super investors here seem to missed it. I said from the start that Jaks is not a good stock to put your hard earned money into and for the gullible using margin too. I mentioned that the most pertinent criteria in stock picking is the management that runs the company. Jaks has a very poor track record. Yet there were self professed super investors that were attracted to this stock. There's no free lunch in this world. So, what goes around comes around. Hopefully, this will serve as a lesson to all to buy companies that are managed well and not prices ramp up through private syndicates and gullible followers that think they're invincible. These people has finally got their fingers burnt. This is their karma for boasting in the past on their track record. Their modus operandi was to attract unassuming investors to help push their share price up. Hopefully, they will be more humble in their writing in future, cheers.
but u also professed that parkson will give 500% return last time.
so what happened to ur parkson????
lol.............
Posted by kelvin61 > Dec 3, 2018 11:22 PM | Report Abuse
All self professed gurus and super investors here seem to missed it. I said from the start that Jaks is not a good stock to put your hard earned money into and for the gullible using margin too. I mentioned that the most pertinent criteria in stock picking is the management that runs the company. Jaks has a very poor track record. Yet there were self professed super investors that were attracted to this stock. There's no free lunch in this world. So, what goes around comes around. Hopefully, this will serve as a lesson to all to buy companies that are managed well and not prices ramp up through private syndicates and gullible followers that think they're invincible. These people has finally got their fingers burnt. This is their karma for boasting in the past on their track record. Their modus operandi was to attract unassuming investors to help push their share price up. Hopefully, they will be more humble in their writing in future, cheers.
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Posted by qqq3 > 2018-12-02 01:03 | Report Abuse
Goh Kim Hock > Dec 2, 2018 12:56 AM | Report Abuse
No single individual can fight the market. Be humble. That's all I can say.
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there are two stages....the buying stage and the after buying stage.