VN's Stockmarket

Uncle Pumblechook wrote:

Who wants to be a millionnaire
http://www.stocksystem.com/
Hot New Software Forces Investors
To Buy Low & Sell High Everytime Guaranteed!

no no no,
"Buy Low & Sell High" is not what venom wants.
he loves it the reverse way so he can go by the river and look for Que Huong about stock updates.

Stateless wrote:

<quoted text>
no no no,
"Buy Low & Sell High" is not what venom wants.
he loves it the reverse way so he can go by the river and look for Que Huong about stock updates.

He goes to the river and sing the poem aloud.

Stateless wrote:

<quoted text>
keep all your lucks 'cause you need the most.
to wait for Que Huong to tell ya what is going on.
still have some underware?
lucky you.

Dear StateLess :

Couldn't You Grow Up ???

Your Buddy Pumblechook (I Respect His Opinion regarding this matter)- He WALK the TALK - and DOES have some Knowledge about Managing Personal Finance :

"During the last month, I have increased my exposure to stocks. Other than continuing to contribute to my 401k, I have moved 30% of my cash holdings into the stock market. Although the stocks I purchased with additional money increased in value, I’m not prepared to say that this strategy has worked because my goal is not for short term gain. I believe that if I always buy stocks when everyone is scared and sell stocks when everyone is complacent, I will be able to practice “buy low, sell high”."

But You - Just Can NOT Do That - Just Because We Have Differences in Political Opinions !!!

About QueHuong - She Just Provide Info and Some Standard warnings

Don't You Appreciate The Term "Transparency" ???

...

So What is Your Problem ???

or You Have the motto that "If Anybody Oppose VCP, Then Whatever He/She Says is WRONG"

or You ALWAYS Right ???

Grow UP Kid

Good Day

Zenom

zenom wrote:

<quoted text>
Dear StateLess :
Couldn't You Grow Up ???
Your Buddy Pumblechook (I Respect His Opinion regarding this matter)- He WALK the TALK - and DOES have some Knowledge about Managing Personal Finance :
"During the last month, I have increased my exposure to stocks. Other than continuing to contribute to my 401k, I have moved 30% of my cash holdings into the stock market. Although the stocks I purchased with additional money increased in value, I’m not prepared to say that this strategy has worked because my goal is not for short term gain. I believe that if I always buy stocks when everyone is scared and sell stocks when everyone is complacent, I will be able to practice “buy low, sell high”."
But You - Just Can NOT Do That - Just Because We Have Differences in Political Opinions !!!
About QueHuong - She Just Provide Info and Some Standard warnings
Don't You Appreciate The Term "Transparency" ???
...
So What is Your Problem ???
or You Have the motto that "If Anybody Oppose VCP, Then Whatever He/She Says is WRONG"
or You ALWAYS Right ???
Grow UP Kid
Good Day
Zenom

it is funny,
a kid doesn't have teeth calling other as kid.
are you old enough to be by the river i wonder?

zenom wrote:

<quoted text>
Dear StateLess :
Couldn't You Grow Up ???
Your Buddy Pumblechook (I Respect His Opinion regarding this matter)- He WALK the TALK - and DOES have some Knowledge about Managing Personal Finance :
"During the last month, I have increased my exposure to stocks. Other than continuing to contribute to my 401k, I have moved 30% of my cash holdings into the stock market. Although the stocks I purchased with additional money increased in value, I’m not prepared to say that this strategy has worked because my goal is not for short term gain. I believe that if I always buy stocks when everyone is scared and sell stocks when everyone is complacent, I will be able to practice “buy low, sell high”."
But You - Just Can NOT Do That - Just Because We Have Differences in Political Opinions !!!
About QueHuong - She Just Provide Info and Some Standard warnings
Don't You Appreciate The Term "Transparency" ???
...
So What is Your Problem ???
or You Have the motto that "If Anybody Oppose VCP, Then Whatever He/She Says is WRONG"
or You ALWAYS Right ???
Grow UP Kid
Good Day
Zenom

don't get nervous. Sing your mantra and win a kangaroo.
Ask professor Ox to teach you how to sing.He knows a good mantra.

There're some universal concepts THAT I TOOK FOR GRANTED THAT ALL OF US UNDERSTAND AND TRY TO PRACTICE. But some these concepts have become the focus instead of true financial analysis of investment.

Well let us analyze what does that mean financially and what are the alternatives. First, if the stock market is the financial engine in helping Vietnam what can be the expected initial results? I will make the simple assumption the criteria for economic help must accomplish one of two things.

1) Help the company you are investing in or
2) In some direct manner the actual employees of that company.

Unless you bought an IPO, one's investment dollars DOES NOT go to the Company. Instead it goes to the seller of the stock along with transactional fees. Thus, once a stock is sold after an IPO (Initial Public Offering) it simply paper with a guise of ownership in the company of which the stock was sold from.

Any increase in VALUE OF THAT STOCK MAY OR MAY NOT ACTUALLY BE REFLECTIVE OF THAT COMPANY'S PERFORMANCE. That is why the stock market has always been akin to gambling. The following may be boring and assumed as common knowledge but it appears overlooked recently.

Let's take IPO further in simple terms where there is an expected 25% annualized return in 18 months. First, there is no doubt money can be made as long as there is not a market correction before you sell in a inflated market. Back to the example:

Let us say at the IPO $1,000 of Widget Co. was purchased. by Buyer A, and at time the stock price did reflect the basic valuation of the company. Buyer A sells in 6 month at $1,250. You Buyer B buy at $1,250 and hope to sell in a year at $1,562. At which you made nominally $262. The stock has now increased in value a whopping $562! And this is where the long-term fallacy comes to play.

Has the Widget Co. actually improved 56.2% in 18 months? Also who saw the profits? Buyer A and Buyer B not the company!

If Buyer A was actually a state run brokerage firm they made their profit on what in a mature market is called AIR. This allows those who have the control to spend money on the select few overseas with abandon. Putting this in comparison to the basic wage of $21.90 this is real easy money. But it DOES NOT get to where the money should go.

That why I said in my previous post: For this reason Vietnam government wants YOU to invest in the stock market because they will be able to direct the flow of capital as they choose. Even Real Estate and Business do not give the Party the same control over capital.

If communist hats do not work, racist hats will...economics101.

Campaign Against The Racist Reporter & The Racist Executive Producer (Channel 7 Australia)
http://againstracist.blogspot.com/

Ethnic crime and the multicultural industry in Australia
"Organised crime, drugs, gangs, extortion, tax evasion, fraud, these have now reached a level where they are damaging the national economy. What has happened at Cabramatta is just the tip of the iceberg but it often seems that anyone who dares to talk about Asian crime in this country is shouted down as a racist."
http://www.australian-news.com.au/ethniccrime...

Vietnames Community in Australia - Vietnamese Welfare Sting
http://www.abc.net.au/mediawatch/transcripts/...

Enron scandal

The Enron scandal was a financial scandal involving Enron Corporation (NYSE ticker symbol: ENE) and its accounting firm Arthur Andersen, that was revealed in late 2001. After a series of revelations involving irregular accounting procedures bordering on fraud, perpetrated throughout the 1990s, it left Enron on the verge of undergoing the largest bankruptcy in history by mid-November 2001. A white knight rescue attempt by a similar, smaller energy company, Dynegy, was not viable. Enron filed for bankruptcy on December 2, 2001.

As the scandal was revealed, Enron shares dropped from over US$90.00 to less than 50¢. As Enron had been considered a blue chip stock, this was an unprecedented and disastrous event in the financial world. Enron's plunge occurred after it was revealed that much of its profits and revenue were the result of deals with special purpose entities (limited partnerships which it controlled). The result was that many of Enron's debts and the losses that it suffered were not reported in its financial statements.

In addition, the scandal caused the dissolution of Arthur Andersen, which at the time was one of the world's top five accounting firms.
...
http://en.wikipedia.org/wiki/Enron_scandal

Enron was a shame and sad, but in a discussion rebuttal on government corruption it is like mixing apples and oranges if one use Enron as an example.

The contexts of the business fraud and government corruption are not similar. Also to reduce the hysterics one needs to distinguish between investors. Those with life savings are typically employees of Enron for retirement and college funds versus the institutional investor who did not lose one's life savings unless one personally invested in Enron. For either the financial loss is unfortunate.

So your rebuttal is just spin and looks at neither the reality of human failures nor what is government corruption. I know this could be too long for comprehension but everything is presented unreasonably out of context.

In Enron's case, the US government took the task to try the case that there was criminal deceit with ultimately its executives being prosecuted to the full extent of the law with prisons term and their assets frozen to pay for the victims.

What you also failed to note the one of the worlds largest accounting firm Arthur Anderson no longer exists because the business market found they did not meet the professional ethical standards of maintain accounting transparency and ultimately they lost all their corporate clients. If they did much of Enron debacle could have been prevented.

In Arthur Anderson's defense, auditing regulations at the time did not require them to go beyond into other companies. But it was clear the Houston office of AA was sloppy. But still many people world- wide not associated with the audit lost their jobs. Was it fair to them? The problem is not so simple. But the importance for criminal prosecution is paramount.

So what is the big difference?

In the US the overall outcome has been a major revamping of what is called corporate governance. "White collar" crime is treated harshly in the US both by law and the consumer business sentiment. Will it happen again, yes as much as one tries, human greed and avarice always seems to find a loop- hole. But the pervasive sentiment is to stop it before it manifests itself.

In Vietnam millions of dollars corruption such as the PMU-18 culprits just gets a slap on the hand. Plus since anything important is state owned, there cannot be any checks and balance. Culpability such Arthur Anderson's role is just left out. Whistle blowing and ethic is not reinforced or supported.

Quantitatively the ratio of white-collar crime of business in the US does not compare in magnitude with the crimes that Vietnam government commits by kick-backs, favoritism, bribery which directly affect both its business and citizenry, which translates into corruption not fraud.

Enron set out to deceive its investors not the citizens of the US and thus is business fraud. Although Enron is not a happy event it is not the same as governmental corruption. I am sure without a pluralistic world to learn, then live and work in; a VC sympathizer will not be able to comprehend the difference, SO SAD !!!

It should be noted that Enron's last tangible asset, which was Prisma Energy International, was sold to Ashmore for $2.9 billion.

Mot Nguoi Viet wrote:

If communist hats do not work, racist hats will...economics101.
http://www.abc.net.au/mediawatch/transcripts/...

Hey mot con vit.
please read this. your VC is a poor racist even to your own kind.

Mot Nguoi Viet wrote:

If communist hats do not work, racist hats will...economics101.
http://www.abc.net.au/mediawatch/transcripts/...

Ooop here is the link.
http://www.vietnamnet.vn/xahoi/2008/05/781380...

America is disgusting but why you stay here and get free dole? If I were you I would go to Fidel or Nong Dit Me land to live.
Just go there and live for 3 months without American dole then hopefully you will open your eyes. Remmember to bring your little ducks and the big geese to VN too.
I guess if they know you lie so much on internet they would hit you on the head...hahaha
You get the disease from Ho cho Ming and VCs. That is lying disease!

Mot Nguoi Viet wrote:

Effects of Corporate Corruption Far-Reaching
VOICE OF AMERICA (VOA)
"Enron and Worldcom often come to mind as prime examples of corporate corruption. But some analysts say corruption in the business world is more common and less sensational than most people think. Mil Arcega continues VOA's series on corruption with a look at the cost of corporate misdeeds in America and around the world"
http://www.voanews.com/english/archive/2006-0...
Corporate Greed, Corruption, and ...
"The U.S. government, once crafted as a system that would serve the interests of the people, has devolved into a system of plutocracy where corporations control both the government and the people."
http://www.organicconsumers.org/articles/arti...
How well do you think democracy is represented in America today?
"america is a sham democracy.. it's actually a corporate run state.."
http://answers.yahoo.com/question/index...
Twenty Things You Should Know About Corporate Crime
"Corporate crime inflicts far more damage on society than all street crime combined.
Whether in bodies or injuries or dollars lost, corporate crime and violence wins by a landslide.
The FBI estimates, for example, that burglary and robbery – street crimes – costs the nation $3.8 billion a year.
The losses from a handful of major corporate frauds – Tyco, Adelphia, Worldcom, Enron – swamp the losses from all street robberies and burglaries combined.
Health care fraud alone costs Americans $100 billion to $400 billion a year.
The savings and loan fraud – which former Attorney General Dick Thornburgh called “the biggest white collar swindle in history”– cost us anywhere from $300 billion to $500 billion.
And then you have your lesser frauds: auto repair fraud,$40 billion a year, securities fraud,$15 billion a year – and on down the list."
http://www.commondreams.org/archive/2007/06/1...
PUBLIC CORRUPTION IN THE UNITED STATES
http://www.corporatecrimereporter.com/corrupt...

Stateless wrote:

stocking can be long can be short and FLEXIBLE too.
stock can be up can be down can shrink can expand and SO WHAT?
when stock is low to the rock bottom - the best time to buy.
when stock is high up sky - the best time to sell.
so, what the heo?
wait until Que Huong to tell you? stock is up, stock is down, cai quâ`n sleep may be all you have left.
rule #1 the higher the risk the more profit.
Rule #10 sit on you money and think it will hatch.

Money is easy to come and it is easy to go. The only thing you can keep is LOVE. Love me a little but love me long. Honest and the truth will stay last forever. Free what you want to choice but eat all what you take. Dude!

Giohu wrote:

<quoted text>Money is easy to come and it is easy to go. The only thing you can keep is LOVE. Love me a little but love me long. Honest and the truth will stay last forever. Free what you want to choice but eat all what you take. Dude!

"Money is easy to come and it is easy to go."
rule #1 the higher the risk the more profit.

"The only thing you can keep is LOVE." ???
"LOVE" is given not to be KEPT.
Honest...! truth...! Free???

YES, "eat all what you take" at the buffet.

Stateless wrote:

<quoted text>
"Money is easy to come and it is easy to go."
rule #1 the higher the risk the more profit.
"The only thing you can keep is LOVE." ???
"LOVE" is given not to be KEPT.Honest...! truth...! Free???
YES, "eat all what you take" at the buffet.

BEEP! Just a little

For now, the VN Index is worth less than 1 billion
If you know what is "small cap stock" and how many small cap company in US ??? some software small cap company only 10 people has a value almost 1 billion. That's how big the VN Index is LOL

THO wrote:

For now, the VN Index is worth less than 1 billion
If you know what is "small cap stock" and how many small cap company in US ??? some software small cap company only 10 people has a value almost 1 billion. That's how big the VN Index is LOL

So when is the time to buy ?
This is a big chance for us VK to buy all of the stocks and RE so we can own the whole country at last !

Stateless wrote:

<quoted text>
"Money is easy to come and it is easy to go."
rule #1 the higher the risk the more profit.
"The only thing you can keep is LOVE." ???
"LOVE" is given not to be KEPT.
Honest...! truth...! Free???
YES, "eat all what you take" at the buffet.

Dear StateLess

Never Seen You So "Eloquent" With Words

and You Start using "Freedom" Words Such as LOVE, TRUTH, HONEST, FREE ...

Just Beatiful !!!- Hi 5 4 U

...

BTW - Are These QUOTES Ur Posting ???

Looking Forward 4 More from U

People in Vietnam like to invest in gold more than stocks. Before 1975 the VNCH underlings did not have a stock exchange to begin with. Before 1975 people kept their money under the bed and slept on it. If they wanted their money to bear interest they played "ho." or "hui.". It was a kind of tontine system where each participant paid a sum of money into the "Tontine" and the jackpot was invested by some one, usually it was one of the participants who bid the highest rate of interest.

Now in Vietnam, there are many banks which issued credit cards and banking debit cards to people. Many people keep their money at their favorite bank that gives them the most favorable rate.

Very soon all civil servants will be paid by wire transfer to their banking accounts.

Under the VNCH regime before 1975, soldiers and civil servants lined up to receive their pittances which lasted only up to the 10th of the month

People in the US should invest a portion of their savings in gold bars (gold biscuits, or gold wafers). Good investment when the dollar is down and oil is too high.