I loss quite a lot too as I am holding few stocks that recommended by otb too...what to do...I think my financiers will call me soon....sigh...we are always slower than sharks
0.19 should be the bottom for genetec as it is the price before it was recommended by otb, this company is always making profit so no need to be worry, I just worry that the public is scared by rumours
0.19 may be the bottom or may not. Once u lost your capital of money, it is very difficult to earn it back. I tasted it, I knew it. Always do your own analysis before trade, trust no one in 100% in stock market, somehow he/she might become a wolf after you turn your body around.
OTB Recommendation and always stresses to his subscribers.... If you want to buy, ensure you can buy and hold. Please stay out if you do not have holding power......that mean you must not do contra or margin financing
I think we need to be fair to OTB as you are not following his strict instructions.....as OTB said If the loss is too big and FA of the stock is very good, just hold on. OTB are making fair comments....
The root cause and devil of all stock market playing := 1. Play with MARGIN and not your own money 2. Play contra with no financial backings 3. Play with Loan from loan sharks.
I am very sad to hear that you were chasing at high price.
"manimaniONGG >>> i am a member of OTB subscriber... i have lost almost all my hard earned saving by followed Ooi Teik Bee confusing and misleading and deadly advise. today my broker called me that they have forced sold all my stocks due to margin insufficient. my rm120k all wipe off. plus i now owed the stock broker firm another 33k. the most deadly stocks i kena is from . Genetec. drop from my cost 30c to 19c today. johotin. drop from my cost 89c to 50c today. pohuat-wb from my cost 1.10 today 70c. Kesmi from my cost 5.90 to today 4.20.
all these happened so quick. i thought by following a "proven" Sifu and paid him for his "professional services with 20 yrs experience" i can just invest and hold longterm, and using margin as both Sifu Ooi Teik Bee and KYY encouragement. i concentrate on my latest career, which is a Uber driver. life is hard. i have a parent both are 81. and need medical attention. i have been working hard to keep some saving for my future as i have not form a family due to both parents burden. as i m the only child in the country and another siblings has disappeared in oversea. i have to pay for everything.
anyone can advise me what to do now? what should i do now? how come i still owe the broker 33k? how come all my 120k invested inside become NIL???
pls help and hope to hear from all kind hearted ppls here. pls advise.
OTB, i m not using my real name from my subscriber name. because u already know whom i m. i have called you numerous time to seek help only to get your scolding.....
I think u can arrange the repayment schene with the broker firm. We need to do some study on the stock that we bought rather than merely rely on expert advise especially bear market. Life still going on. U must always have back up.
"HIS" instruction of course is misleading. Like Pohuat-WB, he wants to fully support it. The rest can cut loss based on his rules except Pohuat-WB. Ans : There is no 200 days SMA, hence I follow the mother share. I do not need to support Pohuat-WB. Thank you.
"I believe the price of Genetec is in Third Wave up now, I try to use Fibonacci to project the current price target of Genetec. It is likely that the price will hit 0.42 soon in this 3rd Wave up.
I recommend you to buy at 0.29 and hold until the target price is hit"
"Superb99 >>> I think manimani's entry price are high and no more money to average....I am stuck too...god bless u 13/02/2016 16:08"
this year plantation and technology are doing well. genetec technology bhd should another good company for invest. They having big project now with black and white. genetec is really good in FA and their project money is receiving, we can see on next qtr report genetec will break new record! let's cheers!
Money =attitude= discipline.... You can't get the money once your attitude is no good and your life no discipline... But don't too discipline like Japanese....later keep QE.
speghetti, hope ur facts is true coz people take ur statement seriously.... if u said wrong things, it is really bad karma on u....... yes, may u give the reason of such huge losses.....?
i have no idea with the sharp drop from 0.300. But i'm sure this spaghetti simply talk only! Go and trace back his comments, and trace the stock performance now!!! HAHAHA, he said insider news, geshen revenue will drop to 1mil only at quarter 3 in Nov 2015, Geshen profit boost 1,000% and reach new high!!!! don't bother this con man la~! Check his comments under his profile u will know. LOL
Stock: [GESHEN]: GE-SHEN CORPORATION BHD Nov 1, 2015 12:23 PM | Report Abuse
Q3 result not so good. Revenue around rm 15-18 million. Net profit around 1 million only. Insider information.
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....
JN88
11,670 posts
Posted by JN88 > 2016-02-12 16:47 | Report Abuse
U play genetc now...i 'INVEST' genetec now..wakakakakka at point of 0.24-0.28 can be called as play...but now not play...kekekeke