Open Letter For Samgoss: Allegations Of Being A Liar And A Cheater

Dear Ah sam,

It was a change to see that you finally have the guts to post under your own blogger profile Samgoss.You certainly caught me by surprise after all these many years of posting under multiple blogger nicks. For me, it was an act of cowardice. Hiding under these multiple nicks you had made continued meaningless comments harassing other blogs, like fusioninvestor, malaysiafinance and nexttrade. And you even went on to make continued posting against these bloggers. And your continued war of words against nexttrade simply blew my mind. Why the need for such childish acts?

Makes me wonder. You claim you have 3000 subscribers. WOW! Good for you.

But as you are aware, ms. jackie made a serious allegation against you.

Let me repeat again what was written, just in case you forgotten all about it. You know, just to refresh your memory.

• Moola, that guy is a cheater and liar and screwing his subscribers left right center. My girlfriend, who followed him, just complained to me that he is an unscrupulous man.
  Why she said that ?
  She told me that he made a call on PJDEV-WC long before market downturn. Price went down from more than 0.30 to less than 0.20, but not before most of his subscribers bought in at more than 0.35, because he always made the call to buy after he load up on the stock first (you get what I mean by cheater), so most will chase it up.
  I was told that his average price was also slightly higher than 0.30 for 300 lots. and when market downturn, he advised his subscribers not to average down but hold onto whatever they have bought, because he himself is not buying and selling this counter.
  then all of a sudden today, he posted up that his average price for PJDEV WC is now 0.24. when queried, he said he made a deal with one of his fan to share the fan's holding of this counter at sharing of profit and loss at 50/60 ratio.
  she was really upset with this cos it showed that he can say whatever he wants to defend himself. He will always be right, no matter what. THat is why she is calling him a liar and cheater.
  Well , what do i know, i am just a housewife who listens to my girlfriends' rants.
  anyone is welcome to comment about this, including sam.

Now that's a very, very serious allegation. You charged members for subscriptions. Members pay because they wanted your so-called stock tip. When the stock fell good, you are accused of fudging your average buy price. By changing this average buying price lower, your stock portfolio certainly would look good. And yeah, a good looking stock portfolio is very important for your business.

According to jackie, you then told your subscribed members that your buying prices for PJDEV-WC is much lower. From an average buying price of 30 sen, your buying price suddenly became 24 sen.

Fudging and changing such important data is a massive no-no. You cannot be doing such a thing. It's bad for your subscription business. And yes, you will be called a liar and a cheater.

Oh yes, I shall give you credit for being brave enough to reply to jackie on this small blog of mine. However, I was utterly appalled by your shocking behaviour in your reply for it was simply unsavoury. Jackie declared that she was a housewife and her friend (which is girl) made these allegations. And what did you do? You asked if she was a lesbian!!

Duh!

Here's your exact comments.

• to jackie..just curious...on first sentence , u put there..my girlfriend subscribed to sam blog, at last sentence u said " i am just a house wife " woww which is which..r u a lesbian ?
  so... who is liar n cheater ^_-LOL!
  
  Pjdev-wc? woww... asked ppl not 2 catch d falling knife oso wrong arh ? so.. r u guys making now ?
  perhaps u should tell me those who hv made from " stocks in my radar 2 " a months ago... r there get cheated by me oso ? LOL!
  
  u wanna 2 tell lie..pls make sense abit lah.. dun be so cheap like mo mo cow mah !
  
  hello mo..thanks 4 posting up my comments...free ? aiyahh..where got free lunch in this world ... fyi... ppl only cares how much u can help them 2 make money ..d rest who cares..more over when come 2 shares info n tips...my integrity is always there , otherwise..how on earth I can get >3,000 members 4 my private blog ? how on earth I can survived since year 2000 ?
  k..that is enuf 4 today..wait till this week end ok ? i will give u a good write up later! 88 n take care

And you refrained from answering the accusation that you changed your average buying price from 30 sen to 24 sen. That's a serious allegation. And you simply refused to answer. Instead you start of by asking if she is a lesbian! And then you divert the whole thing by saying others have made money from your other tips.

But that's not the point isn't it?

I can understand, you as a owner of a private subscription webstite, a website which charges a fee, that you want to look good with ALL of your stock tips. You cannot have a stinker of a stock recommendation. That stock you recommended to your subscribers at 35 sen fell to 20 sen. That obviously look really bad.

But for you to change your average buying price from 35 sen to 20 sen, is a big no-no. It's cheating and it's bad for business.

And the last passage in your reply to jackie:

• aiyahh..where got free lunch in this world ... fyi... ppl only cares how much u can help them 2 make money ..

Oh yes, I agree so much in what you are saying on the free lunch thing. It's like Alex Lu of nexttrade. He post his own reasoning and recommendations free of charge in his free website.  Hmm ... everything is FREE from Alex but the difference for you sam is that you charge money.

You charge your subscribers money. No money no entry to your private blog.

From this perspective, I am sorry but sam, by collecting these subscription monies, you no longer have the right to make such a statement. Yes, you collect money and when your stock tips go bad, you CANNOT tell your subscribers 'where got free lunch in the world'.

So it's so important that you answer that allegation against you.

Did you not change your average buying price from 30 sen to 24 sen?

And your subsequent reply to jackie...

• 2 jackie , another proof to show that samgoss is a conman, dare to click this ?;
  
  http://samgang.blogspot.com/2011/10/v-someone-made-rm231000-from-my-china.html
  
  TDM cost 2.68+ ^_-
  latest update..sold all my remaining tdm @ 3.27 just now...bal is now zero..so jackie..how arh ? y yr friend never tell u about this meh ?
  
  still cheating arh ? LOL!

Sorry but I have to LOL now!

LOL!

Diverting the main issue is simply pathetic.

What has your buying and selling of TDM got anything to with you changing the average buying price of your PJDEV WC?

And oh, your TDM.

Here's another good one.

On that reply of yours, you boasted your cost of TDM was 2.68 and you sold at 3.27.

Yes?

Now take a look at your last reply.

• yah almost forgot...mr jackie... TDM closed @3.42 in mid day...another 12 cts up, yr so called "girl friend " still holding arh ? LOL

Ah.... I find it very strange you bring out TDM. Why? Because you have already state that you sold at 3.27 and you have zero balance. How nice. You sold and the stock moved higher and you still want to brag about it?

And then you now insist jackie is mr. From a lesbian to a mr. You seriously have something against female, ah? Do you have an inferior complex when you speak to a female?

But all this is still besides the point.

DID you change the average buying price for PJDEV-WC from 0.30 to 0.24?


This is an important issue for your business and for jackie and her girlfriend, I believe you owe them a sincere reply. No more beating around the bush, no more rudeness and just answer the question.
 
Not answering would simply be bad for your business.
 
Do take care.
 
Have a good weekend.