Monday, June 15, 2009

Nervous Over The Bursa Queries?

Posted on Saturday. Does Bursa Query Work?

  • hhc1977 said...

    1)This is bolehland whereby rumors sometimes had more truth than actual news itself.
    2)Even though Bursa query doesnt work as intended, but remember someone sais that certain degree of speculation is actually good for market (who do u think pay for bursa staff).
    3)having said that, i believe the ball is actually lied with investors himself to differentiate the "good" rumor and bad "rumor". There are many methods to invest/speculate in share and "rumor" is way too hard for me :)
    4)If investors are not greedy/gullible, no amount of tricks employed by syndicate will be effective.
    5)Lastly, BURSA has the ultimate weapon against syndicate through designated share status. But, the WMD was used always too late as i thought it was used to prevent investor/better to salvage whatever money they still have in that share.

In regards to rumours.

Just thinking out loud.

Well if nothing is done to attempt to maintain integrity of the news, then all we will have is a market full of rumour mongering.

And since you do know that sometimes if the rumour or as some might call it 'lie' is told well enough, it can drive up the stock price. Which ultimately means money! Money for the rumour mongrel.

Now I am just curious, who gets the divine rights to be the chief rumour mongrel?

The one that can BS in the best possible manner?

And surely this is not how we want our market to develop, right? Come on, just for the sake of making the extra money, do we have to sell our souls to the devil and lose all our self esteem and integrity?

Surely not, yes?

LOL!

But of course many will just shoot down these comments as simply being too naive!

This is the stock market man, they would argue. The ultimate point is to make money and if we have to screw others or other people's money, so be it!

Look around, I am sure you can see it happening. Even in simple stock market chats, some would lose all their self esteem and do everything possible to protect their vested interests. And if they have to be a jerk, they probably won't lose sleep over it.

Yup, it's a mad, mad world.

It's just so sad.

Why do people behave like this?

Does the stock market brings out the creature in all of us?

I hope not!

Anyway, I reckon many are feeling rather uneasy in regards to all these queries. For punters, it's like a time bomb. And of course many of these punters can't comprehend what Bursa is trying to achieve, for they fear that these queries could put a huge damper in their punting activities.

2 comments:

The Wanderer said...

The one that can BS in the best possible manner?

True. Sometimes even bloggers that make consistently good calls would garner followers without even having to make rumours. (Truly sad and sadly true)

Why do people behave like this?

:scratchmyhead:

It's sad indeed.

hhc1977 said...

YO dude,

1)Yeap, as long as there is short cut to make money, ppl tend to do it without a blink of an eye if there is no restriction at all (that;s why we need regulatory body and ENFORCEMNET body)
2)But do you think we have good agencies to safeguard minority's interest like against Heinz, maggie and whatno sources from grabbing headlines in major biz news?
3)i truly believe we should make money the ethical way but too few will ever ignore the tempation of fast money.
4)i still feel sore when someone as the head of agency openly declared some forms of speculation is good. I thought we should aim for orderly market to entice smart fund.

Maybe, ppl just wont change... As long as investors still falls prey to rumor, there will always be rumor mill churning out rumor. Supply and demand.