Please don't follow blindly when someone
promoting their stock to be come high for them to sell for huge profit.
Even more suspicious when he trying to convience everyone to hold the
stock long regardless of how bad it drop. The worst advice given is to
hold a stock past the quarterly financial announcement date and to use
margin facilities. What if the financial result turn out to be bad? Do
you want to just lose 10% to 20% in just a day by holding it past the
financial announcement date. Its a gamble which newbies should not take.
Example is Geshen. Remember, margin facilities is not for newbies.
Margin facilites may potentially wipe out entire investment if the stock
suddenly drop without holding power.
Below is example for Latitude tree. The prominent investor promoting the stock until it reach high price then he sold it until no longer a substantial share holder. However, he still promoting it after he has sold his stock. Wondering why Bursa Malaysia takes two months to make the announcement. Check the dates below. Still promoting on 21st and 30th Nov 2015. On 24th Nov 2015, he is no longer a substantal share holder. After that in 2 months time, the stock landslide from RM8 to RM5.50 level.
Notice the huge drop after not so good financial result released on end Feb 2016. From RM2.55 drop to RM1.55 in just a week.
http://klse.i3investor.com/blogs/LatitudSell/95764.jsp
Below is example for Latitude tree. The prominent investor promoting the stock until it reach high price then he sold it until no longer a substantial share holder. However, he still promoting it after he has sold his stock. Wondering why Bursa Malaysia takes two months to make the announcement. Check the dates below. Still promoting on 21st and 30th Nov 2015. On 24th Nov 2015, he is no longer a substantal share holder. After that in 2 months time, the stock landslide from RM8 to RM5.50 level.
Notice the huge drop after not so good financial result released on end Feb 2016. From RM2.55 drop to RM1.55 in just a week.
http://klse.i3investor.com/blogs/LatitudSell/95764.jsp