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the bigger they get, the harder they fall

(02-10-2013, 11:06 AM)Some-one Wrote: [ -> ]

(01-10-2013, 03:04 PM)specuvestor Wrote: [ -> ]

(30-09-2013, 10:39 PM)pianist Wrote: [ -> ]unbelievable...
is there something I have missed out on this gem? anyone care to shed some light?

You missed out the suspension

Obviously you are lucky enough not to be hurt badly before

Is that so? I just read that a person becoms a millionaire with only 15K invested in Blumont...

Every week, there's also someone who buys $1 toto to strike 1 million

Indeed. I know someone with the 2 for 1 rights issue at 5 cents. On paper, he would pay about 300 bucks for shares which are trading at 2.39. Unless Blumont is suspended, he stands to reap a nice profit for just 300 bucks.

But then again, he recognizes that unless money is in the bank, this is just paper profits.

We have heard multiple stories of people buying bungalows from punting SESDAQ or CLOB as well. Enough said

Some are "lucky" some are not so "lucky"... we always assume we are the former. I belong to the latter so I learnt to keep to those things that I know

the dangers of gambling, people are well aware of the dangers and the social problems that comes from it - everybody young and old knows this but why people still queuing to buy 4d/toto people queuing to pay money for admission in to casino. The government knows this and people's concerns and is providing social services on one hand, other hand is giving out gaming licenses why???

The answer is the same with these stocks, you can spend all the money to put all the public education on dangers and pitfalls of speculation I can bet with all of you in the next 100 years time people will still speculating in property stocks and shares, ever hear the saying speculation is as old as the hills?

So should we criticize this or maybe we should instead spend our energies on identifying the next potential and buying them before they become the next hit wonder.

(02-10-2013, 11:39 AM)safetyfirst Wrote: [ -> ]

(02-10-2013, 11:06 AM)Some-one Wrote: [ -> ]

(01-10-2013, 03:04 PM)specuvestor Wrote: [ -> ]

(30-09-2013, 10:39 PM)pianist Wrote: [ -> ]unbelievable...
is there something I have missed out on this gem? anyone care to shed some light?

You missed out the suspension

Obviously you are lucky enough not to be hurt badly before

Is that so? I just read that a person becoms a millionaire with only 15K invested in Blumont...

Every week, there's also someone who buys $1 toto to strike 1 million

Well said.

http://infopub.sgx.com/FileOpen/Blumont_...eID=258390

STATEMENT TO REINFORCE RESPONSES DATED 1 OCTOBER 2013 TO QUERIES RAISED BY THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

Price still holding so well.

Fell 37 cents at end-day to $2.02, and have requested for trading halt.

This is a goner. Find some correlation between Asiason, Liongold, chaswood and Blumont. They are all from the same gang of players.. They probably sydnicate a few counters in a market cycle.

Will the music stops soon?