Everybody loves GROWTH stories right? But be careful! Some are HYPE!
Almost all the Value Investing "Gurus" in SG were recommending this stock last year and even this year still. But those who really know about business and business model know this is a HYPE!!! Look at the COLLAPSE in price when things are unveiling. "Timely" departure of the CEO too by the way. I have warned AGAINST buying this stock since last year. When I attended a "VALUE INVESTING" seminar preview (which likes all such previews, was really just a sales talk) few months ago (before price collapse), this stock is still being recommended! *gulp*
There is no short-cut to expertise. To be good in one thing, we have to pay the price and the price is called EXPERIENCE. There is really no other way to get a REAL deal.
Almost all the Value Investing "Gurus" in SG were recommending this stock last year and even this year still. But those who really know about business and business model know this is a HYPE!!! Look at the COLLAPSE in price when things are unveiling. "Timely" departure of the CEO too by the way. I have warned AGAINST buying this stock since last year. When I attended a "VALUE INVESTING" seminar preview (which likes all such previews, was really just a sales talk) few months ago (before price collapse), this stock is still being recommended! *gulp*
There is no short-cut to expertise. To be good in one thing, we have to pay the price and the price is called EXPERIENCE. There is really no other way to get a REAL deal.
