Ya! Ya!, Take cover

I will stay Far Far away. But there are few heroes here who strongly believe that S chips are now cheap cheap cheap.And they believe HIGH RISK HIGH RETURN.

“Buy when others are fearful and sell when others are greedy”.

Although I do agree with this statement for other stocks but definitely not S chips at least for the time being until then.

In stock trading, the main objective is to make (A LOT) money. However losing (SOME) money, if the stock is moving against your expectation is part of the game.

But banking on a high risk stock with a high possibility of TOTAL CAPITAL LOST (when the stock is suspended) is definitely not the way. May be ended up HIGH RISK NO RETURN. Hehe!!!

DON’T BE A (DEAD) HERO.

There are so many other stocks to play. It may not be cheap but I think it is definitely safer (reasonable risk). Of course, any stock can be suspended. This is why you have to do your homework before investing on any stock.

Well, of course Not All S Chips will be suspended, but statistically the risk is higher than others. So for ppl like u who is willing to take the risk to hope for better gain, so be it. Most importantly as you have mentioned, is to do your homework. Of course this will still not guarantee anything but at least it can help to minimise the chances of hitting the rock. Luck is also one part to play.

For CM, I was lucky that I sold it one month before trading halted and subsequently suspended.

lsj840428      ( Date: 19-Mar-2010 22:28) Posted: i am one of those persons who hold only s-chips......i buy bcos it is cheap, it is cheap bcos ppl r just fleeing it......ppl throw it bcos of the risks.....as i willing to take the risk, so i bought it.......and let the time to prove whether they r worth for me to put my faith in.....to date, i have yet to buy any s-chips which r suspended....may b i am lucky or my homework did help me to shun those suspended counters.... wishbone      ( Date: 19-Mar-2010 17:43) Posted: It doesn't matter whether I am a victim or not. The point here is that so many S chips, one after another being suspended on almost similar ground. Surely something must be wrong and needs to be addressed. The main problem here is many (victims) do not know how and where to seek redress or simply there isn't any avenue to turn to. Many have had asked in this forum on what can be done but none has offered any advice so far.Probably there is no answer to this and those who are affected can only say "ASS LUCK Lor" Sight !!! So u said tt u hv invested heavily in S Chips, I can only wish u GOOD LUCK and HUAT Lor.

Well Said, Sifu.Fully agree. Nothing is risk free including BLUE BLUE Chips. We will never know even though the chances may be low.

Yes...you must always do your homework and never treat your investment as having capital protection. Always use money which you can afford to lose. Both local and foreign companies (and even blue chips) have committed fraud in the past.

So far, I don't think we have had any company reporting years of profit growths and low (or no) debt ever being suspended.

Yes, agree but must be very careful and decide what to buy (do your homework), otherwise cry also no tear if SUSPENDED.

HeHe

It doesn't matter whether I am a victim or not.

The point here is that so many S chips, one after another being suspended on almost similar ground. Surely something must be wrong and needs to be addressed. The main problem here is many (victims) do not know how and where to seek redress or simply there isn't any avenue to turn to.

Many have had asked in this forum on what can be done but none has offered any advice so far.Probably there is no answer to this and those who are affected can only say "ASS LUCK Lor"

Sight !!!

So u said tt u hv invested heavily in S Chips, I can only wish u GOOD LUCK and HUAT Lor.