I had said previously . Do your own due diligence. Take all expert opinions with pinch of salt. Discard your herd instincts not. Sometimes we take contrarian stand but do it with research and due diligence. Doing without due diligence is gamblers instinct. When I wrote sometime I made it very simple to understand. I will not confuse anyone with graphs which are totally irrelevant for present situations. Like yesterday's I suggested to long Hk just for yesterday only because I had done my due diligence despite doomsday soothsayer predictions as if the world is coming to an end. I suggested oceanus because I had studied their financials and their businesses strategies. I did also risk management issues. Loses for retailers are manageable. The benefits are stupendous if the CEO can turn the table around. I gave only 50% chance because I do not wish to mislead retailers to dump all their life savings in it. The returns are better than you bet on big tickets items like tesla or twitter. Then again I stressed to accumulate slowly. Gain speed a little only if next 2 quarters generated profits. What I wrote I do not wish to cause any losses for retailers, I do with conscience and caution. I still remember the days analysts were calling buys on Ferrous China , China milk, Noble with technical jargons. . It caused substantial financial losses for retailers like us. We must put a stop to this.
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