Responsible way of investor professionalism

Our way is investor professionalism along with responsibility. 

Many Thai punters love to trade on rumors and love it even more when others follow them, as they then hold the bag.  This is in some way its like a pyramid sceem.

• A herd mentality which benefits the first few whom initiate it and which too many naive investors (but actually amateur speculators) are then made vulnerable too. Far too often the rumors are dead wrong, in the US spreading rumors by brokers is strictly against the law -but here this its rarely enforced.

  These are the reasons and more why I frown uppon it here and don't approve.

  Just posting some short puntish statement with no" beef" or anything in our active member lounge to back it up, is not the right way and not what our culture here is.  It will be deleted which is my policy.

  Bad/wrong/malicious rumors can also be spread when somebody wants to actually accumulate buy a stock -on the cheap. He/she spreads a negative rumor only to then after go a buying spree.

  If any member here has some information good or bad but with some substance, like naming the project, the location, or even the source etc..by all means post it and give us all some substance because one of the members here or me may go/see/call and check it out to see it has any significance. Rumors may on occasion can be right and insightfull of course but its like coin toss actually worse, as there can be a serious conflict of interest in spreading them. And so are always suspect.

   

  Best Regards,

  Paul A. Renaud.

  www.thaistocks.com