Meanwhile now some People who called "God in Stock Market" has started to push junk stocks from big percentages repeatedly every day to attract public to invest in Junks from fundamentals. If you see GREG.W06 two moths ago it was 0.60 only and it pushed up to 3.50 within a short period. But have you discovered what is the intrinsic value of this Warrant? But People buy them by selling all their value stocks. Once the Great Warrant Buffet has said that
I bought a company in the mid-'90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
We all should keep in mind that Stock Market is not for gambling. It is the capital market of our country we should protect it by preventing these manipulations, Only we can do that by not purchasing these junks even it goes by 100%. Also If you get a return with these stocks I believe that money will not in your purse for long, Those are innocent peoples money.
People who manipulate these stocks would be deserved to call as Criminals. Because what they do is buying at low, pushing the stock to higher and unload them to innocent people. Do you ever think these money that they earn reinvest in the market.. Never. So people who bought shares from higher prices keep their shares with lots of hopes that this man will do the stock soon and he never returns. After that everyone keep wasting the time blaming CSE/SEC and Stockbrokers.
I believe everyone should follow these two steps,
1) Open your account in a reputed Stockbroker Company. People who are working in these companies are called real Investment Advisors. Other people are Brokers.. Just Brokers
2) Do not buy any stock for rumors. Some people says Budu doing this, Budu doing that..ect.. Never believe those If they are doing that stocks you better keep away and see what is happening.
Guys this is our CSE.. Please protect it. Don't promote junks and Don't follow Junks!!