Bursa Malaysia Stock Market Blogs

There are many popular Bursa Malaysia share market blogs, and many people said these famous KLSE bloggers bought the shares before they recommend it. Because they are influential, after they recommended it, they sell to their blog readers. Whether is it true, I don't know. Let us assume this things did actually happened and you decide whether is it ok.

Two issue here, first is the buying and the second issue is the selling. I don’t think it is wrong if the blogger buy first then recommend. If he recommends, he must be convinced that it is a good stock. If he think that it is a good stock, obviously he will buy it.

The time taken to buy a stock is just few clicks or just a phone call to stock broker, dealer or remisier. To write an article, it takes longer time. If you measure by time, buying is faster than posting the article, therefore the blogger would have bought it before they post it.

If you are involved in direct selling or MLM multi level marketing, and you introduce a product, your friend will ask whether you have bought and used it. You will have to say yes. If no, then your friend will ask - if so good why don’t you buy.

Therefore, I see no problem with the blogger who bought it first then recommend.

Now, how about recommend readers to buy in order to sell. First, the readers do not pay any money to read the blog, it is all free to read. The readers cannot blame the bloggers. If after posting and the price went up, the blogger want to take profit due to higher price, I think is ok. But on the other hand, if the posting of an article with the “intention” to sell to readers, then I think it may be wrong in terms of ethics.

Whether it is right or wrong, it depends on the ‘intention” of the bloggers. This is just my opinion and you may not agree with me.

More on investing in malaysia stock market.

http://politemarket.blogspot.com/

Thanks