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Wednesday, September 17, 2008

Message to my members

My message to the members of mine or of profitsunlimited sec:-

Can I have your attention members?

I have been fortunate enough to associate with you people,my esteemed members and from core of my heart I owe a great deal to all of you.But as you all know there would always be a minuscle percentage of people who would never be satisfied no matter how hard you try or what the prevailing scenario be.Let me go to the basic-The basic principle of all of you is to make a hell lot of money from the stock world.Now stock market is a place for people who can make good amount of money provided they book the right company at decent valuations.Pedigree quality and future outlook should also be taken into consideration as those are prime factors for ascertaing the true picture of the company.To get the expertise or to have the proper guidance I have been hired by you people so that misatkes can be avoided and lot of money can be pocketed in the "long term".Now there are some problems beneath which would give a clear aspect of what am trying to say.

1)Some of of my members want to reign only in bull market and be a "kumbhakaran" in the bear market.Now is these possible?Cycles are inevitable but when they comes it takes one with suprise and makes immense amount of changes in little time.So under no circumstances one can avoid a bear market,get it guys.Bear market is not something to hide your face or run away from infact it presents a great oppurtunity to capitalise,buying great companies at dirt cheap valuations and exiting them at peak after minting money.So be a buyer in a bear market.

2)Some members are so impulsive that they put 60-100% of the money in a single counter reason being the previos call went on to be a multibagger.Fine enough if the scrip vindicates your assumption but what if the same counter nosedives by 80-90%?People would always buy a "bdh industry" rather than opting for a core projects or a selan exploration.Look before you leap guys.

3)How many of you have got some percentage of cash left in your portfolio?I bet hardly 20-25% of my members allocates some cash others latch on to whatever comes in their way.100% booked full and when time comes to accumulate one is left with no choice but to sit idle.Always keep some cash guys,cash is king in bad times.

4)Do you people invest periodically or all along?Anybody here does SIP or the investments are done at one go?Buddies even if you can allocate a bit of money every month its bound to prove a world of good for yourself and your portfolio.

5)A suggested scrip of mine falls by 20% and I have commited a huge sin.Comeon pals its a bear market and still some calls are rocking.Make a list of all the calls of mine from jan 08 and compare the returns.If altogether its coming inferior to the sensex return I am ready to pay back the fees which you guys have put in at time of taking my service.

Stock market is such a great place to be in.You buy a share and bang you are the owner of that company.You are entitled for each and every aspects of the company.You are doing nothing but your profesionals are working day and night to make your company better and better.They are breeding succes stories for you but one is not ready enough to be a lil patient.She wants instant money,instant return no matter its a bear market or something else.Please have some conviction and be patient guys.If warren buffet can make trillions of money at a rate of 22.7% cagr so you can,even if you become 1/1000000000 th of warren buffet you would be a very rich man.So to conclude I am demanding "PATIENCE AND CONVICTION" from each and every member of mine.Be rest assured guys in the long haul we would all be in the sea beaches of hawaai with pretty ladies in one arm and vodka occupying the other arm.Lady members please make the last line....

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