First, I would like to say I do not intend to offend or gloat at anyone. Losing money is a very painful experience, especially when you lose 28% in a single afternoon.
However, we should all take this as a lesson and try not to repeat such mistakes. The warning signs were clear. YiStock who was so generous even posted a blogpost on the irregularities, discrepencies and financial shenanigans that inflated the earnings of Comcorp in its 4Q15 results.
Sadly, many people did not want to heed such warning and was living in denial. At the back of their heads, the might be thinking: "But a very famous sifu on i3investor recommended the stock, can't go wrong. Just hold until make 100% gains". His track record might be impeccable, but everyone makes mistakes. It is totally understandable.
That's when everything came tumbling down.
The past is in the past, let's not dwell in it. Let us try to learn what went wrong and avoid making the same mistakes. Next time, do not follow bloggers on i3investor blindy, myself included. Always do your own research and double/triple check every claim made. Google is your best friend. Fact checking and making sure the story aligns will help you avoid getting free trip to Holland.
One more thing, please DO NOT attempt to catch this failling knife thinking that it is oversold.
COMCORP (7195) - (VGI) Comcorp - Clear cut stock to avoid, warning issued but no one listened