Looks like its getting really serious....
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hahaha stupid insane idiot... 15th Nov is "after the event occurs" ?Originally posted by deathbait:As I have patiently explained to you many times before. Claiming to have bought on the baht a week after the event occurs is NOT documentation.
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... too stupid to read the posts before commenting are we?
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see? Gazelle, he is encouraging you to be a fool like him... talk insane rubbish in the forum and let everyone have a good laugh...Originally posted by deathbait:Actually Gazelle, if if actually did make the trade, he would have made money. Think of buying the baht against the SGD as a short position on the SGD. As you can see, the value weakens, which makes buying the baht a profitable trade.
See, it's ok to make mistakes, as long as we own up to it. So now Andrew, where is the documentation that you DID indeed make the trade. You have claimed documentation for soooo long now, it's gotta exist. -
who? who said he sold 4 houses?Originally posted by soul_rage:as I also explained to him. Documentation would be for the majority of the audience to agree that the information is factual enough to be documented.
Otherwise, anyone can bulls**t and say that he has sold 4 houses for $20million in this thread and then say he has it documented he made money from property speculation.
... and what crapz is "Documentation would be for the majority of the audience to agree that the information is factual enough to be documented" ?
... you want me to give you receipts and amounts and date and time? You think you are IRAS? Delusional
... documentation is when I say buy Thai Bahts on November the 15th and a few days after that, S$ plunged against the Thai Bahts.
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... documentation is when I say buy Thai Bahts on November the 15th (and that statement is documented) and a few days after that, S$ plunged against the Thai Baht.
... ... documentation is when I say that I sold shares in July (and that statement is documented) and until today, almost half a year later I have been proven to be correct... short term, medium term, 6 months term, still correct....
...did I say buy Thai Baht on the 15th of Nov? Yes...
... was that documented? Yes...
is soul_rage and idiot? Yes... -
... and these idiots keep arguing with me that it is not serious at all and John Wong, Sperm Boy... actually claim we are in the midst of a bull-run... and then it turned out, he was looking at ancient charts...Originally posted by eagle:This thread has just went past the 1 month mark
... sort of like looking at Summer temperatures reading and claiming that New York City is at the moment warm and toasty in Winter...
...one insane idiot, deathbait, can actually issue me a threat claiming that I am misleading the public... a delusional thinking that he can do anything with his fake accusation, giving me a good laugh...
.. Gaz is classic. In his desperation to discredit me, he quoted me as saying I bought/adviced people to buy Thai Baht for S$ in November, and yes he quoted me saying that, and then for pages keep saying that I told people to buy in July.
You see how much fun I had this past month in this thread? -
How much of the GST increase that was taken to "help the poor" will be lost to fight the lawsuit?
UBS hit with shareholder lawsuit over subprime
(Recasts, adds details from complaint, changes sourcing)
NEW YORK, Dec 13 (Reuters) - A shareholder sued UBS AG on Thursday, contending the Swiss bank misled investors about write-downs related to securities linked to U.S. subprime mortgages.
William Wesner sued the bank and certain individuals, including former Chief Executive Peter Wuffli and former Chief Financial Officer Clive Standish, according to the complaint filed in U.S. District Court in Manhattan.
The complaint contends that UBS and and certain officers and directors issued statements that "were materially false and misleading because they failed to disclose the company's failure to timely write-down impaired securities containing subprime debt."
Earlier this week, UBS announced a $10 billion write-down and a massive injection of funds from Singapore and the Middle East, making it the biggest subprime crisis casualty to date among major European banks.
The write-down followed a $3.7 billion hit UBS suffered at the end of October that was also related to U.S. subprime mortgages -- loans made to high-risk home buyers who face rising interest rates and are now defaulting on payments.
Following the write-down announcement, UBS shares fell to $48.78, a 26 percent decline from the high reached during the period covered by the lawsuit, according to the complaint.
How can anyone trust these despots? This after the 5.57% drop one day after they announce the purchase (add on some more) on the front pages of the tabloids. How can anyone trust the propaganda press?
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... when the propaganda press announced that add on purchase but keeps quiet about the next day 5.57% drop... think, what is 5.57% drop of S$14 billion (much more than $14b if you include their total holdings) in one day!
... people can expect more GST increases to let them play with Singaporeans money and squander it away...
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Correction.Originally posted by AndrewPKYap:... documentation is when I say buy Thai Bahts on November the 15th (and that statement is documented) and a few days after that, S$ plunged against the Thai Baht.
... ... documentation is when I say that I sold shares in July (and that statement is documented) and until today, almost half a year later I have been proven to be correct... short term, medium term, 6 months term, still correct....
...did I say buy Thai Baht on the 15th of Nov? Yes...
... was that documented? Yes...
is soul_rage and idiot? Yes...
you advised to buy the baht on the 15th, yes. (On 2 really vague reasons). You announced that you personally bought the baht AFTER the fact.
Now, we can of course give you the benefit of doubt and believe you went with your gut. But then, we'll also have to look into the numerous times you predicted crashes that never happened and conclude in the same line that you made BIG losses. -
Actually I don't see how your conclusion holds...Originally posted by deathbait:Now, we can of course give you the benefit of doubt and believe you went with your gut. But then, we'll also have to look into the numerous times you predicted crashes that never happened and conclude in the same line that you made BIG losses.
If someone predicts a big crash, and sell off the stocks/currency at a slightly higher price, thus making a small profit, all that was lost would be the opportunity cost of making more money.
It is like a risk vs money earned... You take less risk, you earn less, but you lose less if unfortunate things happen.
More likely if he predicts a rise, and yet it does not happen, then he will have made losses... -
it holds if he was confident enough to short the marketOriginally posted by eagle:Actually I don't see how your conclusion holds...
If someone predicts a big crash, and sell off the stocks/currency at a slightly higher price, thus making a small profit, all that was lost would be the opportunity cost of making more money.
It is like a risk vs money earned... You take less risk, you earn less, but you lose less if unfortunate things happen.
More likely if he predicts a rise, and yet it does not happen, then he will have made losses... -
me lorOriginally posted by AndrewPKYap:who? who said he sold 4 houses?
... and what crapz is "Documentation would be for the majority of the audience to agree that the information is factual enough to be documented" ?
... you want me to give you receipts and amounts and date and time? You think you are IRAS? Delusional
... documentation is when I say buy Thai Bahts on November the 15th and a few days after that, S$ plunged against the Thai Bahts.
I document here now that I sold my 4 houses after holding it for a few years, thus making millions of dollars. Its simple to verify my documentation, just check the housing prices now and a few years ago.
So I earned more than you
Stupidity has never been clearer on anyone else than Andrew. -
Whether he earned or not is besides the point.Originally posted by eagle:Actually I don't see how your conclusion holds...
If someone predicts a big crash, and sell off the stocks/currency at a slightly higher price, thus making a small profit, all that was lost would be the opportunity cost of making more money.
It is like a risk vs money earned... You take less risk, you earn less, but you lose less if unfortunate things happen.
More likely if he predicts a rise, and yet it does not happen, then he will have made losses...
The point is, he has the audacity to come here and make baseless claims and then say they are documented.
Total rubbish.
If his definition of documentation is correct, then everyone also can bulls**t like him. You can say you bought 10 houses and sold them recently to earn a good profit. You would have 'documented' it that you earned money.
This guy hasn't gotten anything right, other than being a repeating station for CNN or Bloomsberg. We should expose the cold hard truth to him that he is nothing more than a
rude,
obnoxious,
and stupid fellow
that is acting as if everyone else in the world who questions him are idiots. -
the point is "IF"Originally posted by angelfairy:it holds if he was confident enough to short the market
Then it is NOT documentation that he earned money if there is an "IF" to that.
As per above, I believe he is a gutless coward hiding behind the screen pretending to be a guru.
I got it 'documented' by saying that, according to his definition of documented -
congrats!Originally posted by soul_rage:me lor
I document here now that I sold my 4 houses after holding it for a few years, thus making millions of dollars. Its simple to verify my documentation, just check the housing prices now and a few years ago.
So I earned more than you
Stupidity has never been clearer on anyone else than Andrew.
Will treat me to a meal a not -
Impossible... I am an investor... not a speculator...Originally posted by angelfairy:it holds if he was confident enough to short the market
... part of the reason I "predict" crashes is to show how stupid speculating on market movement is...
... even when it looks almost certain that it will crash... and you short, you get burnt...
... but for the fun of it, when there are no consequences ... sure predict all you want... for when it crashes, you do not gain and when it does not, you do not lose...
... now investing... ah that is different.
Sure if no one wants to believe that I made money buying Thai Bahts, that is not a problem... the fact remains and it is documented that I recommended to buy Thai Baht (not just predicting for fun) but an actual recommendation, and yes, documented, the S$ plunged... -
... and I stated categorically, and yes documented that I sold stocks in July and look at the market now? I can go in anytime I want... unlike you know who that does stupid things, like see a loss of billions, days after they announce the purchase of more UBS shares... gross stupidity, and maybe even something more sinister..... but definitely due to nepotism and cronyism... and that is why we see this happening again and again...
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Yes whether I earned or not is besides the point but you are too stupid to see that the well documented fact is that after I recommended the purchase of Thai Bahts with S$... an actual recommendation, not just a prediction, the S$ plunged... you are just too stupid to see that... because you believe in the delusions in your head instead of facts and evidence (documented, and if you like, I can provide the link...)Originally posted by soul_rage:Whether he earned or not is besides the point.
The point is, he has the audacity to come here and make baseless claims and then say they are documented. -
... I mean, you believe in the delusions in your head instead of facts and evidence and that is also well documented, that you choose to believe the delusions in your head instead of facts and evidence, and if you like, I can provide the link...
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... did I recommend at anytime that people short the market? No
... did I recommend people to buy Baht with S$ on November 15th? Yes
... was that well documented? Yes
... did deathbait and soul_rage know that I recommended people to buy Baht on November the 15th and that S$ plunged against the Baht and that these facts are well documented? Yes
... are they grossly stupid to attack me on this point? Yes
... are the two of them idiots? Yes -
You are too stupid to know that buying houses can get a better profit with less risk than your stupid claim on Foreign currenciesOriginally posted by AndrewPKYap:Yes whether I earned or not is besides the point but you are too stupid to see that the well documented fact is that after I recommended the purchase of Thai Bahts with S$... an actual recommendation, not just a prediction, the S$ plunged... you are just too stupid to see that... because you believe in the delusions in your head instead of facts and evidence (documented, and if you like, I can provide the link...)
You are just too stupid to see that, because you believe you are smart, when you are downright stupid. -
Originally posted by AndrewPKYap:
is Andrew so stupid to think that 'well documented' means he just use his mouth to make stupid claims? YES
... did I recommend at anytime that people short the market? [b]No
... did I recommend people to buy Baht with S$ on November 15th? Yes
... was that well documented? Yes
... did deathbait and soul_rage know that I recommended people to buy Baht on November the 15th and that S$ plunged against the Baht and that these facts are well documented? Yes
... are they grossly stupid to attack me on this point? Yes
... are the two of them idiots? Yes [/b]
is he delusional? Yes -
Originally posted by soul_rage:
Aiyah everyone is delusional... if not why talk so much about making money like it is your whole life
is he delusional? [b]Yes
[/b]
Got money then spend lor, no money then don't spend lor,
extra money then save lor, no need say spend finish everything. Like that can liao.... -
of course. All I am saying is, when he finger-points others, 4 other fingers are pointing back at himself.Originally posted by eagle:Aiyah everyone is delusional... if not why talk so much about making money like it is your whole life
Got money then spend lor, no money then don't spend lor,
extra money then save lor, no need say spend finish everything. Like that can liao....
There is no longer any point to make sensible postings in this thread, because the threadstarter himself is insensible.
So just patronize him lor. He say he make money. We say we make money. Everyone 'document' it here.
Wow... everyone here is a 'millionaire' since we can just make baseless claims and say they are documented.
*Applause to the delusional clown who started a delusional thread* -
Originally posted by soul_rage:You are too stupid to know that buying houses can get a better profit with less risk than your stupid claim on Foreign currencies
You are just too stupid to see that, because you believe you are smart, when you are downright stupid.
I can't believe the stupidity of this chap... he makes a statement like that when there is a major housing crisis at the moment...
... is soul_rage stupid suggesting that purchasing houses is a sure-fire way of making money at a time when there is a housing prices led crisis that is engulfing the whole world? Yes
... does that prove once again he is an idiot? Yes
.