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AlexRach
AlexRach
·
2021-06-01
$Tiger Brokers(TIGR)$
Continue to hold.. $30 target.. sharing for tiger coins.. please like and comment.. thanks!!!
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AlexRach
AlexRach
·
2021-06-01
Ok
Three stocks to watch as a big annual biotech conference gets underway
The annual ASCO meeting begins at the end of the week, a conference that has often provided a tailwi
Three stocks to watch as a big annual biotech conference gets underway
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AlexRach
AlexRach
·
2021-06-01
Ok
非常抱歉，此主贴已删除
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AlexRach
AlexRach
·
2021-06-01
Wow
AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021
Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks s
AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021
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AlexRach
AlexRach
·
2021-06-01
Hmmm.. really?
非常抱歉，此主贴已删除
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AlexRach
AlexRach
·
2021-05-26
$Tiger Brokers(TIGR)$
Patience reaps rewards! Like n comment for Tiger coins please!
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AlexRach
AlexRach
·
2021-05-21
Hmmm.. interesting
Penny stock crash mastermind Soh maintains he didn't give trading instructions
John Soh a – maintained his stance that the trades made in the lead up to the crash weren’t directed by him.
Penny stock crash mastermind Soh maintains he didn't give trading instructions
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AlexRach
AlexRach
·
2021-05-21
It is what you believe it is.. provided it is not self delusional
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AlexRach
AlexRach
·
2021-05-15
$Tiger Brokers(TIGR)$
I will continue to hold.. i have faith it will go up to $30 where it should be.. patience is all we need
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AlexRach
AlexRach
·
2021-05-12
Good
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThree stocks to watch as a big annual biotech conference gets underway\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 21:48 GMT+8 <a href=https://www.cnbc.com/2021/05/31/3-stocks-to-watch-as-asco-conference-gets-underway-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The annual ASCO meeting begins at the end of the week, a conference that has often provided a tailwind for biotech and pharma names.\nBiotech has been a laggard this year, gaining big in February and ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/31/3-stocks-to-watch-as-asco-conference-gets-underway-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOK":"Hookipa Pharma Inc","LLY":"礼来","MRK":"默沙东","REGN":"再生元制药公司","ABBV":"艾伯维公司","GILD":"吉利德科学"},"source_url":"https://www.cnbc.com/2021/05/31/3-stocks-to-watch-as-asco-conference-gets-underway-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1104481164","content_text":"The annual ASCO meeting begins at the end of the week, a conference that has often provided a tailwind for biotech and pharma names.\nBiotech has been a laggard this year, gaining big in February and March but declining and trading in a choppy range since then.\nBank of America analyst Geoff Meacham identified three companies that could get a positive reception at the meeting.\nThe The American Society of Clinical Oncology meeting will be virtual for a second year, and runs from from June 4 to June 8. Meacham said it is important but ASCO may not provide the pop to stocks it did in other years.\n“ASCO was by far and away the biggest medical conference of the year, and people looked forward to that. And you would have company presentations in front of 30,000 oncologists,” he said. “There would be hundreds of Wall Streeters. You could get a very good handle on what was the buzz of the meeting. SInce it’s virtual, it doesn’t have as much of its charm.”\nBut Meacham said ASCO could still be positive. “You have data that’s brand new and that could lead to approvals and some very good products,” he said.\nMeacham said he’s still positive on biotech despite its lackluster performance. He especially likes mid-cap biotech.\n“We’ve been pretty positive on the group. Recognizing that drug pricing has been a little bit of a cloud over the past couple of years, and 2021 is no different,” said Meacham. “But when you look at the pipeline, the midcap biotech pipeline looks fantastic.”\nThe pipeline in big pharma is got but not as robust. “For the most part, it’s singles and doubles. But not surprisingly, midcap biotech has some home run potential but with more risk. That’s what drives the industry - the innovation and new therapies - and that’s why we’re still positive.”\n\nThe IBB iShares NASDAQ Biotech ETF gained 0.4% last week, but it is up just 0.3% year-to-date. The widely followed IBB was down 1.7% for the month of May.\nMeacham identified three companies that could get a positive reception at the ASCO meeting. Bank of America has a buy rating on all of them. One of those is big pharma Bristol-Myers Squibb.\n“Bristol is probably one of the winners,” he said. The company’s anti-LAG-3 antibody relatlimab melanoma treatment has been in development and there will be data from a large phase 3 trial. He said the product was used with its Opdivo, and could have a better safety profile than the current treatment of Opdivo combined with Yervoy. He does expect Opdivo and Yervoy to maintain the lead share of the market going forward.\nBig cap biotech Amgen is presenting on its lung cancer drug Lumakras, which received Food and Drug Administration approval Friday. The drug was approved to treat lung cancer patients with a genetic mutation known as KRAS. The approval came sooner than expected and sent Amgen shares up more than 1.1% Friday.\nHe said it could be combined with other therapy, like Opdivo. “That two drug combination could be really profound,” he said.\nBiotech company Seagen is going to present on its Padcev treatment for bladder and kidney cancer, launched last year. “This is an update of existing data,” he said. The data shows patients live longer.\nThe study is a small phase 2 trial, but there is another larger phase 3 trial that combines the therapy with Merck’s Keytruda.\nOther companies with data to be presented at ASCO include Eli Lilly,Merck,Regeneron,Hookipa,AbbVie, and Gilead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110413407,"gmtCreate":1622479946109,"gmtModify":1634101190990,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110413407","repostId":"2139453630","repostType":4,"isVote":1,"tweetType":1,"viewCount":451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110413232,"gmtCreate":1622479911826,"gmtModify":1634101191213,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/110413232","repostId":"1145940037","repostType":4,"repost":{"id":"1145940037","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622128786,"share":"https://www.laohu8.com/m/news/1145940037?lang=&edition=full","pubTime":"2021-05-27 23:19","market":"us","language":"en","title":"AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1145940037","media":"Tiger Newspress","summary":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks s","content":"<p>Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.</p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 23:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.</p><p><img src=\"https://static.tigerbbs.com/3b8e58d91fa49e69cdf6288d5b6c520a\" tg-width=\"813\" tg-height=\"619\" referrerpolicy=\"no-referrer\">Meme stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145940037","content_text":"Today AMC shares once rose 20%，making the growth rate expanded to 1000% so far in 2021.Meme stocks such as GameStop and AMC Entertainmentthat were the focus of retail investors on Reddit’s r/WallStreetBets forum earlier this year are riding another wave higher as the Reddit traders attempt to squeeze the stocks higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110413808,"gmtCreate":1622479873904,"gmtModify":1634101191454,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"Hmmm.. really?","listText":"Hmmm.. really?","text":"Hmmm.. really?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110413808","repostId":"2139430866","repostType":4,"isVote":1,"tweetType":1,"viewCount":399,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138788836,"gmtCreate":1621964951125,"gmtModify":1634185113076,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Patience reaps rewards! Like n comment for Tiger coins please! ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Patience reaps rewards! Like n comment for Tiger coins please! ","text":"$Tiger Brokers(TIGR)$Patience reaps rewards! Like n comment for Tiger coins please!","images":[{"img":"https://static.tigerbbs.com/e7b8f1591ee44fdaac40e4738a917f67","width":"750","height":"1224"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/138788836","isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":130520809,"gmtCreate":1621557551401,"gmtModify":1634188162008,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"Hmmm.. interesting ","listText":"Hmmm.. interesting ","text":"Hmmm.. interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/130520809","repostId":"2137897949","repostType":4,"repost":{"id":"2137897949","kind":"highlight","pubTimestamp":1621555950,"share":"https://www.laohu8.com/m/news/2137897949?lang=&edition=full","pubTime":"2021-05-21 08:12","market":"sg","language":"en","title":"Penny stock crash mastermind Soh maintains he didn't give trading instructions","url":"https://stock-news.laohu8.com/highlight/detail?id=2137897949","media":"Amala Balakrishner","summary":"John Soh a – maintained his stance that the trades made in the lead up to the crash weren’t directed by him.","content":"<p><img src=\"https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/Soh+Chee+Wen+2_7_0.jpg\" tg-width=\"584\" tg-height=\"438\" referrerpolicy=\"no-referrer\">John Soh a – maintained his stance that the trades made in the lead up to the crash weren’t directed by him.</p><p>John Soh – the alleged mastermind of the 2013 penny stock saga – maintained his stance that the trades made in the lead up to the crash were not based on instructions given by him.</p><p>“Where are my instructions, where are Su-Ling’s instructions?” he said exasperatedly when shown a series of trades made on different dates, on May 20, the fifth day of his examination-in-chief by his defence counsel, N Sreenivasan of K&L Gates Straits Law.</p><p>Soh and his co-accused Quah Su-Ling allegedly orchestrated Singapore’s largest share manipulation scheme between 2012 and 2013 involving three penny stocks: Blumont Group, Asiasons Capital (now Attilan Group) and LionGold.</p><p>The eventual collapse of these counters – collectively referred to as BAL – in October 2013, had wiped out some $8 billion in market value.</p><p>Touching specifically on a buy order for 10 million Blumont shares – Soh pointed out that Ken Tai, a broker who was supposedly a member of his inner circle had put in an order to buy 4 million shares within the span of 19 minutes.</p><p>The way he sees it, there was “no apparent reason” for Tai’s move. However, he said that Tai had “reverse engineered” his version of this story by saying that Quah had been the <a href=\"https://laohu8.com/S/AONE\">one</a> who instructed him to make this move.</p><p>“It is an incredible reason,” said Soh who flagged that Tai had previously told that court that Soh had been the <a href=\"https://laohu8.com/S/AONE.U\">one</a> to give him instructions on trades of Blumont.</p><p>The court heard that Soh’s interest in Blumont had started sometime in the early 2000s when Neo Kim Hock – an associate of his – had taken over the company. At that time, the company was operating under the name of Adroit Innovations.</p><p>His knowledge on LionGold meanwhile, was more recent, around mid 2007. The company was then called Asia Tiger and Soh came to know of it once he started coming back to Singapore more frequently.</p><p>As for Asiasons, Soh reckons he came to know it when it was still known as Integra around 2007 to 2008. At that time the company was going through a period of shareholders’ tussle, and Soh “helped them with some organisations and proxies to fight the hostile”.</p><p>Sreenivasan then asked Soh if he had been involved in the opening of trading accounts before 2008.</p><p>“No, I was not involved,” he replied.</p><p>“I would not know,” he added, when asked why these accounts had been opened.</p><p>Sreenivasan’s cross-examination of Soh also touched upon his interaction and relationship with some of the prosecution’s witnesses.</p><p>One such person that was discussed was Peter Chen Hing Woon, LionGold’s former director of business and corporate development director.</p><p>Accounts under the names of Chen and his former girlfriend of twenty years Ung Hooi Leng were allegedly used to trade shares by Soh and Quah.</p><p>Once dubbed a “key wingman” to Soh, Chen had provided legal services and had helped run business development at LionGold.</p><p>Chen had in his conditioned statement, spoken of how he was told to open bank and trading accounts with various brokerages under his own name. This was done with the understanding that the accounts would be used by Soh to trade shares.</p><p>“I had hoped that doing him this favour would lead to Soh providing me opportunities to elevate my standing in the corporate world and to engage me for legal work subsequently,” Chen had told the court.</p><p>Soh told the court that he had gotten acquainted with Chen through the Ung family who helped him in 1985 when he was going through some troubles.</p><p>“I felt I owed it to them to repay this debt of gratitude,” he said.</p><p>According to Soh, Chen quit his legal practice to join Ung’s firm and later went on to become the general counsel of KFC – which Soh had links to.</p><p>While working with Ung, Chen did all the leg work and paper work, while Ung did the networking. She managed to win over several high net worth clients, several of whom were friends of Neo.</p><p>Ung was supposedly the dominant person in this relationship and had been the one to keep track of their finances in both the personal and settings.</p><p>Being closer to the younger Ung, Soh recalls she was quite devastated when she broke up with Chen.</p><p>As such he said he was “very surprised” when Chen said he was unclear about when his relationship with Ung had started and ended. “You don’t forget [this things] with someone you have been with like that for 20 years, unless you’ve had 20 relationships,” he chuckled.</p><p>When pressed on the relevance of this to the case – he said that many trading accounts that had been opened and operated by Ung had continued to be active.</p><p><b>A lazy practice</b></p><p>Soh also touched upon the evidence of certain witnesses’ who were brokers. They said Soh gave trading instructions for accounts held in the names of the associates and no third-party authorisation forms were signed.</p><p>Drawing reference to evidence from Ng Kit Kiat, a remisier at OCBC Securities, Soh said he had always maintained that his advice should be endorsed by the client before a trade is administered.</p><p>“I don’t want to bear any financial or legal risk, please check with your client,” was what Soh used to tell Ng. He thought this to be a standard practice each time he spoke to the remisiers, and said it’s possible that not checking may have been a “lazy practice that after a while many of them took”.</p><p>Soh also addressed allegations from Ong Kah Chye, a former Maybank Kim Eng Securities dealer, who said he had taking instructions from Soh.</p><p>“If I were truly giving instructions, I would have maxed out the accounts, according to the prosecution’s case,” he remarked.</p><p>Soh as aggrieved by Ong’s prediction that he would “likely” have been giving instructions since he had called four minutes before a trade was made in one instance.</p><p>“I am disappointed in him. I am calling him one of the liars because of his experience,” he said.</p><p>The trial resumes on May 21 with Sreenivasan continuing his examination-in-chief of Soh.</p>","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Penny stock crash mastermind Soh maintains he didn't give trading instructions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPenny stock crash mastermind Soh maintains he didn't give trading instructions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 08:12 GMT+8 <a href=https://www.theedgesingapore.com/news/2013-penny-stock-crash/penny-stock-crash-mastermind-soh-maintains-he-didnt-give-trading?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Amala Balakrishner</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>John Soh a – maintained his stance that the trades made in the lead up to the crash weren’t directed by him.John Soh – the alleged mastermind of the 2013 penny stock saga – maintained his stance that ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/2013-penny-stock-crash/penny-stock-crash-mastermind-soh-maintains-he-didnt-give-trading?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.theedgesingapore.com/news/2013-penny-stock-crash/penny-stock-crash-mastermind-soh-maintains-he-didnt-give-trading?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137897949","content_text":"John Soh a – maintained his stance that the trades made in the lead up to the crash weren’t directed by him.John Soh – the alleged mastermind of the 2013 penny stock saga – maintained his stance that the trades made in the lead up to the crash were not based on instructions given by him.“Where are my instructions, where are Su-Ling’s instructions?” he said exasperatedly when shown a series of trades made on different dates, on May 20, the fifth day of his examination-in-chief by his defence counsel, N Sreenivasan of K&L Gates Straits Law.Soh and his co-accused Quah Su-Ling allegedly orchestrated Singapore’s largest share manipulation scheme between 2012 and 2013 involving three penny stocks: Blumont Group, Asiasons Capital (now Attilan Group) and LionGold.The eventual collapse of these counters – collectively referred to as BAL – in October 2013, had wiped out some $8 billion in market value.Touching specifically on a buy order for 10 million Blumont shares – Soh pointed out that Ken Tai, a broker who was supposedly a member of his inner circle had put in an order to buy 4 million shares within the span of 19 minutes.The way he sees it, there was “no apparent reason” for Tai’s move. However, he said that Tai had “reverse engineered” his version of this story by saying that Quah had been the one who instructed him to make this move.“It is an incredible reason,” said Soh who flagged that Tai had previously told that court that Soh had been the one to give him instructions on trades of Blumont.The court heard that Soh’s interest in Blumont had started sometime in the early 2000s when Neo Kim Hock – an associate of his – had taken over the company. At that time, the company was operating under the name of Adroit Innovations.His knowledge on LionGold meanwhile, was more recent, around mid 2007. The company was then called Asia Tiger and Soh came to know of it once he started coming back to Singapore more frequently.As for Asiasons, Soh reckons he came to know it when it was still known as Integra around 2007 to 2008. At that time the company was going through a period of shareholders’ tussle, and Soh “helped them with some organisations and proxies to fight the hostile”.Sreenivasan then asked Soh if he had been involved in the opening of trading accounts before 2008.“No, I was not involved,” he replied.“I would not know,” he added, when asked why these accounts had been opened.Sreenivasan’s cross-examination of Soh also touched upon his interaction and relationship with some of the prosecution’s witnesses.One such person that was discussed was Peter Chen Hing Woon, LionGold’s former director of business and corporate development director.Accounts under the names of Chen and his former girlfriend of twenty years Ung Hooi Leng were allegedly used to trade shares by Soh and Quah.Once dubbed a “key wingman” to Soh, Chen had provided legal services and had helped run business development at LionGold.Chen had in his conditioned statement, spoken of how he was told to open bank and trading accounts with various brokerages under his own name. This was done with the understanding that the accounts would be used by Soh to trade shares.“I had hoped that doing him this favour would lead to Soh providing me opportunities to elevate my standing in the corporate world and to engage me for legal work subsequently,” Chen had told the court.Soh told the court that he had gotten acquainted with Chen through the Ung family who helped him in 1985 when he was going through some troubles.“I felt I owed it to them to repay this debt of gratitude,” he said.According to Soh, Chen quit his legal practice to join Ung’s firm and later went on to become the general counsel of KFC – which Soh had links to.While working with Ung, Chen did all the leg work and paper work, while Ung did the networking. She managed to win over several high net worth clients, several of whom were friends of Neo.Ung was supposedly the dominant person in this relationship and had been the one to keep track of their finances in both the personal and settings.Being closer to the younger Ung, Soh recalls she was quite devastated when she broke up with Chen.As such he said he was “very surprised” when Chen said he was unclear about when his relationship with Ung had started and ended. “You don’t forget [this things] with someone you have been with like that for 20 years, unless you’ve had 20 relationships,” he chuckled.When pressed on the relevance of this to the case – he said that many trading accounts that had been opened and operated by Ung had continued to be active.A lazy practiceSoh also touched upon the evidence of certain witnesses’ who were brokers. They said Soh gave trading instructions for accounts held in the names of the associates and no third-party authorisation forms were signed.Drawing reference to evidence from Ng Kit Kiat, a remisier at OCBC Securities, Soh said he had always maintained that his advice should be endorsed by the client before a trade is administered.“I don’t want to bear any financial or legal risk, please check with your client,” was what Soh used to tell Ng. He thought this to be a standard practice each time he spoke to the remisiers, and said it’s possible that not checking may have been a “lazy practice that after a while many of them took”.Soh also addressed allegations from Ong Kah Chye, a former Maybank Kim Eng Securities dealer, who said he had taking instructions from Soh.“If I were truly giving instructions, I would have maxed out the accounts, according to the prosecution’s case,” he remarked.Soh as aggrieved by Ong’s prediction that he would “likely” have been giving instructions since he had called four minutes before a trade was made in one instance.“I am disappointed in him. I am calling him one of the liars because of his experience,” he said.The trial resumes on May 21 with Sreenivasan continuing his examination-in-chief of Soh.","news_type":1},"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130567822,"gmtCreate":1621557491666,"gmtModify":1634188162963,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"It is what you believe it is.. provided it is not self delusional","listText":"It is what you believe it is.. provided it is not self delusional","text":"It is what you believe it is.. provided it is not self delusional","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/130567822","repostId":"2137976827","repostType":4,"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196578060,"gmtCreate":1621083732250,"gmtModify":1634194102612,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>I will continue to hold.. i have faith it will go up to $30 where it should be.. patience is all we need","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>I will continue to hold.. i have faith it will go up to $30 where it should be.. patience is all we need","text":"$Tiger Brokers(TIGR)$I will continue to hold.. i have faith it will go up to $30 where it should be.. patience is all we need","images":[{"img":"https://static.tigerbbs.com/7925ae7f4654ea00deb645fa7a83c03c","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/196578060","isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3439719657064909","authorId":"3439719657064909","name":"虎吃牛牛","avatar":"https://static.tigerbbs.com/a86b09a966ea9a919ccbd1d6918e3577","crmLevel":5,"crmLevelSwitch":1,"idStr":"3439719657064909","authorIdStr":"3439719657064909"},"content":"more faith. up to $50","text":"more faith. up to $50","html":"more faith. up to $50"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":193769369,"gmtCreate":1620821333351,"gmtModify":1634196077731,"author":{"id":"3573427053802677","authorId":"3573427053802677","name":"AlexRach","avatar":"https://static.tigerbbs.com/01fc7c44687a21ec1b63452d2d5964ea","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573427053802677","authorIdStr":"3573427053802677"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/193769369","repostId":"1194203248","repostType":4,"isVote":1,"tweetType":1,"viewCount":619,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}