In 2010, I recommended a stock listed on the NZ Stock Exchange called Xero Ltd (NZE:XRO). The NZX is a very small market so I'm not inclined to trade it. I do however like to assist people to trade markets. I wish I could say that I have a wide following of people for these recommendations, but sadly I think that's unlikely. There are two reasons:
1. Its a small market
2. People are cynical about anyone making claims
3. People are cynical about any 'conflict of interest', whether actual or implied.
For the record - I do have a conflict of interest. I am asking for a payment of $70 for a book on 'Global Mining Investing', which was in its first edition about 460 pages long. Its an eBook I am currently updating. Normally, I don't trade stocks like Xero, however it was a 'stand-out' buy at the time, and whilst I was not willing to set up an account, I obviously stand by the recommendation. I would however note that, the stock is now a technical sell. Being still a growth company, it probably has more upside, but I would argue that it also has a lot of downside in the short term. We originally recommended the stock around $1.60 (see Google Finance in 2010), and its now $28.61, at this date.
It is going to be rare that any person investing in a company like Xero will get a chance. Any IT company like Xero in future seeking to raise money will be compared to Xero, so professional insiders will get the opportunity, so they will not be listed until those 'insiders' want to take their profits from an illiquid market. Expect the founder of Xero to be backing these new market entrant companies. Investors like to go to executive billionaires like him because they want the 'investor profile' that these people bring. Its a sad reality of the capitalist system. Success sells to success and the little guy becomes cynical and marginalised. This not need be the case. The mining industry is a great industry for making money, and they need the money. There are plenty of small companies, and metal prices are volatile. We don't just tell you which stocks to buy, we help you identify them. We can hold your hand through your investment journey on Facebook and my personal page (because I love what I do - as a mining analyst), and we'll even appraise the companies readers like so that ever 'learned' investor improves their skills. Learning how to make money builds commercial acumen, and that means NZ has more business-savvy people to advance this country.
Global Mining Investing - table of contents
Asian property markets outperforming Japan Foreclosed Guide Philippines Property Guide
Profit from mining with Global Mining Investing eBook
1. Its a small market
2. People are cynical about anyone making claims
3. People are cynical about any 'conflict of interest', whether actual or implied.
For the record - I do have a conflict of interest. I am asking for a payment of $70 for a book on 'Global Mining Investing', which was in its first edition about 460 pages long. Its an eBook I am currently updating. Normally, I don't trade stocks like Xero, however it was a 'stand-out' buy at the time, and whilst I was not willing to set up an account, I obviously stand by the recommendation. I would however note that, the stock is now a technical sell. Being still a growth company, it probably has more upside, but I would argue that it also has a lot of downside in the short term. We originally recommended the stock around $1.60 (see Google Finance in 2010), and its now $28.61, at this date.
It is going to be rare that any person investing in a company like Xero will get a chance. Any IT company like Xero in future seeking to raise money will be compared to Xero, so professional insiders will get the opportunity, so they will not be listed until those 'insiders' want to take their profits from an illiquid market. Expect the founder of Xero to be backing these new market entrant companies. Investors like to go to executive billionaires like him because they want the 'investor profile' that these people bring. Its a sad reality of the capitalist system. Success sells to success and the little guy becomes cynical and marginalised. This not need be the case. The mining industry is a great industry for making money, and they need the money. There are plenty of small companies, and metal prices are volatile. We don't just tell you which stocks to buy, we help you identify them. We can hold your hand through your investment journey on Facebook and my personal page (because I love what I do - as a mining analyst), and we'll even appraise the companies readers like so that ever 'learned' investor improves their skills. Learning how to make money builds commercial acumen, and that means NZ has more business-savvy people to advance this country.
Global Mining Investing - table of contents
Asian property markets outperforming Japan Foreclosed Guide Philippines Property Guide
Profit from mining with Global Mining Investing eBook
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