Monday, March 17, 2008

Oil product

Dear Mr. Tan,
Is it safe to invest in oil product? It has a ROI of more than 8%.
www.oilpods.com
http://www.oilestates.com/faq.html

REPLY
I am not familiar with investing in this product. I advise you to avoid investing in a product that you are not familiar with.
at

1 comment:

  1. AnonymousMarch 26, 2008 8:20 PM

    BLUE CHIP STOCK "CHINA OIL" LISTED IN PRC:
    1st day after public listed - RM48.60 or S$9.72

    25 March 2008 - RM18.74 or S$3.67

    Price Change: minus 60%

    Risk: Very High

    "尤其是前期已成破位下行之势的中国石油，昨盘中再创18.74元的历史新低，距离16.7元的发行价只有10%的空间，而距离上市首日开盘价48.6元已经跌去了将近30元/股，超过了60%的幅度。"
    (Source: http://finance.eastday.com/m/20080326/u1a3490715.html )

    ReplyDelete