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Friday, November 25, 2005

Trust No One!

Can you trust analyst report and financial news articles. Definately a big NO!

Read the story at http://whereiszemoola.blogspot.com/

I think that a law must be enacted to prevent the same company that manages unit trust/brokerage to issue analysis report on Bursa's company. This people have hidden agendas. For their unit trust funds to perform, they need to sell it higher than their cost. Well, if all unit trust are equal, who will buy from them? The foreigners are too smart. This left the retailers. I got caught with Ghlsys and Novamsc based on their so-called "professional" report.

Well, never again! Their always positive reports definately will make you feel positive, pushing your inner self to buy. And wham...the next thing you know, the stock is at the tail-end of an uptrend. And you hope and hope that you can break even....until it becomes another expensive toilet paper.

So, stop reading analyst reports especially those from brokerage firms with unit trust funds.

As I learn from the X-files: Trust No One.

1 comment:

emlsim said...

I kena burnt also, the same shares