A few months ago, one of my best friends sent me a text to recommend investing in one of the local stocks, Yongnam. In his texts, he kept praising how good the company was, citing the various exciting business prospects and developments. I did not solicit for his views on any stock investments before, so I was quite surprised that he tried to induce me to invest in this counter. Furthermore, I am not the sort of person who is easily influenced by others when it comes to stock investment and normally I would do my own research before investing in any counters. So I chided him for trying to induce me to invest in Yongnam. Of course he denied flatly and vehemently defended that he was just sharing good stuff. I gave him the benefit of my doubts since he is my good friend, nonetheless, I did not invest ...
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