Friday, August 08, 2008
The ABCs in Make Money on the Stock Market
Hi, a little elaboration on the above.
What are Alligators, Buayas, Crocodiles and Sharks doing here ?
OK, here's how they fit in !
Alligators: Accountants at times are so creative that one can miss an inch by a mile reading their company reports. They can so colour up the company's situation better than a mortician at his best, turning a losing company to show a profit.
Buayas: These Big timers will borrow your shares paying you a fee, and then sell down this company's shares to so low that when they return them to you your shares are worth very very much less. You are led to gain a small fee to destroy your own shares worth.
Crocodiles: There are Corporate directors who sell their own shares when the company is doing its buyback in the market. They also do insider buys in little drips and draps to show their faith in the company, but then release the whole lot in one go very subtly.
Sharks: These Security analysts do their takes on companies and then say buy or outperform but never tell you to sell. They even tell you to buy up to a target price. At the worse of times when these companies are sick they tell you to hold, seldom to sell.
Besides all these shenanigans, there are the A G Spanners, Bernankuays, C F Officers, Smart Money people, and their do alikes. Enough ?
Anyone who believes these people work to help other people gain wealth please raise his hand ! Keeping a sharp watch on the ABCs well will help one keep one's money.
Have a nice day
Ron
What are Alligators, Buayas, Crocodiles and Sharks doing here ?
OK, here's how they fit in !
Alligators: Accountants at times are so creative that one can miss an inch by a mile reading their company reports. They can so colour up the company's situation better than a mortician at his best, turning a losing company to show a profit.
Buayas: These Big timers will borrow your shares paying you a fee, and then sell down this company's shares to so low that when they return them to you your shares are worth very very much less. You are led to gain a small fee to destroy your own shares worth.
Crocodiles: There are Corporate directors who sell their own shares when the company is doing its buyback in the market. They also do insider buys in little drips and draps to show their faith in the company, but then release the whole lot in one go very subtly.
Sharks: These Security analysts do their takes on companies and then say buy or outperform but never tell you to sell. They even tell you to buy up to a target price. At the worse of times when these companies are sick they tell you to hold, seldom to sell.
Besides all these shenanigans, there are the A G Spanners, Bernankuays, C F Officers, Smart Money people, and their do alikes. Enough ?
Anyone who believes these people work to help other people gain wealth please raise his hand ! Keeping a sharp watch on the ABCs well will help one keep one's money.
Have a nice day
Ron