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Hi Max,
Not necessary to rub salt into Leno's woumd. Everyone does make wrong calls here and there. I believed he was probably quite sincere in expecting Airasia to rise in prices at that time. And probably he took quite a big position in that counter.
Like I always said, whatever recommendation you read, all investors must make their own decision and take full responsibility of that decision.
Well at least he has the guts to make recommendation on a specific counter without any fees. Some of the analysts in the market continue to make wrong recommendations again and again and they are well paid!!!!

Cheers to All!!!!!!!!!!!!!

Bert

I have no problems with wrong calls.
I have problems with arrogant calls.
But most of all, I have problems with ppl trying to hide their mistakes.

EDIT: Cant say I am sorry for his losses. No one should as a matter of fact, as I kept mentioning - losses are COMMON. Mistakes are COMMON.

Its part of the business. Only thing is how many learn from the mistake? Cheers!

2nd EDIT: You dont get away so easily after making calls to sell your cars to buy and then at the first sign of retreat, you become a coward and edit all your messages!!!
In this case, at least EdmundTan/Tstan/etc has balls to leave his messages intact. That, deserves some respect though its probably offsetted with his call to sell car, house and wife!!! :D:D:D

2 days ago, *ehem* leno whether he'll make recommendation to others to sell their house and buy Airasia shares.
But TODAY, i think Airasia has started to reverse, probably medium to long-term ­base­d on several factors.
No. 1. The reversal of oil price in general. in addition to this, Saudi has taken baby steps to re-value their currency which is peg to USD. This will put impact on oil price.
No. 2, The entry of EPF, which my money, your money also inside there, i think the downside is rather limited because the country's labor's saving is BIG to be pumped into it.
No. 3, the opening of Singapore route and another one to China.
No. 4, technically, it looked like the bottom was abandon yesterday..i think.
Let's put a disclaimer: Purchase on your own decision. If you do, put a tight protective stop-loss. Say 2% drop?

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