{"id":203,"date":"2021-07-13T11:56:00","date_gmt":"2021-07-13T03:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=203"},"modified":"2025-12-05T11:01:51","modified_gmt":"2025-12-05T03:01:51","slug":"investors-who-chase-for-touted-stocks","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/","title":{"rendered":"Investors who chase for touted stocks, doomed to fail"},"content":{"rendered":"\n<p>Touted stock, lotto, <a href=\"https:\/\/www.investopedia.com\/meme-stock-5206762\" target=\"_blank\" rel=\"noreferrer noopener\">meme stocks<\/a>, gambling; no matter what it is, the final outcome is that it is impossible to succeed.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#Most_people_think_touted_stock_is_useful\" >Most people think touted stock is useful<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#An_appropriate_case\" >An appropriate case<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#Your_posture_in_diving_to_save_people_was_not_good\" >Your posture in diving to save people was not good<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#I_just_know_it_and_dont_know_why\" >I just know it and don&#8217;t know why<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#Chasing_for_touted_stocks_is_the_same_as_buying_lottery\" >Chasing for touted stocks is the same as buying lottery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#You_never_know_know_why_stock_up_or_down\" >You never know know why stock up or down<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#Its_impossible_to_make_money_in_stock_without_effort_paid\" >It&#8217;s impossible to make money in stock without effort paid<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Most_people_think_touted_stock_is_useful\"><\/span><strong>Most people think touted stock is useful<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>My article today will cause discomfort to some readers, of course I know this. However, I will not hesitate because I am afraid of disagreeing with the majority of people\u2019s opinions or practices, and only say what everyone likes to listen to ( I don\u2019t need to please the majority); not to mention the original intention of my blog. Just want to tell the truth and share what you think is right . Most of the things that make you comfortable and happy on the investment road, or the things that most people are doing, usually don\u2019t make money.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_appropriate_case\"><\/span><strong>An appropriate case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This topic can\u2019t help but remind me of when I worked in the IT industry in the past, because I myself was one of the few members of the global final technical solution team of a multinational company, and I often had to face the most difficult and the long-delayed cases escalated from regional centers.<\/p>\n\n\n\n<p>A common situation is that there are a bunch of people in the meeting, and there is never a shortage of officials who are boring to talk nonsense. The person who are in the  notified of the copy (CC) list is always longer than the one listed in the recipient (To) list. When on the phone call or in a meeting, no one want to know why this problem is caused. <\/p>\n\n\n\n<p>Explaining the problem will definitely be interrupted because most people in this world are impatient, and no one wants to know why. Just like the stock market, most people don\u2019t want to do research, they just want to know the  touted stocks. The mentality is exactly the same. This is human nature). Nobody want to know what should I do next time if encounter a similar problem? <\/p>\n\n\n\n<p>The vast majority of people just want to know, is it solved? Just tell me which number should be modified; but no one wants to know the root cause, so the problem will happen again and again! Because no one wants to investigate the root cause (it takes time to study, read documents, do experiment and review, nobody wants to do such kind of thing, it is better to have a meal with the boss to please the boss), no one wants to offend people. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Your_posture_in_diving_to_save_people_was_not_good\"><\/span><strong>Your posture in diving to save people was not good<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> Forget it, if the problem is solved, there will still be a bunch of post-mortem people to question afterwards. This gives me the same feeling as if I jumped into the water to rescue the drowning person, but after going ashore, a large group of people on the shore said: &#8220;Hay, your posture for diving just now is not good. Hurry up, you are swimming too slowly, and the drowning person is drinking a few more sips of water. It really shouldn&#8217;t.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"I_just_know_it_and_dont_know_why\"><\/span><strong>I just know it and don&#8217;t know why<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Investors who are looking for touted stock everywhere are just like the ones I described above. They just want to know if the problem is solved. It\u2019s the same as people who tell me to change the number. They just want to know the answer (the stock code), and they\u2019re not interested in knowing why. (spend time to research). <\/p>\n\n\n\n<p>It&#8217;s no different from most people in this world, even if the stock does go up (most of the answers are actually no), then what? You never know why this stock will go up instead of another (regardless of the usual answer is no); the result is that you can only rely on other people to feed the stock code and sell you in high price. This is why there are so many people who want to sell stock code  to make money, because there is always a market for it. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Chasing_for_touted_stocks_is_the_same_as_buying_lottery\"><\/span><strong>Chasing for touted stocks is the same as buying lottery<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Even if the price paid is high, the supply is still in short supply; retail investors have never been willing to investigate whether these people who sell you touted stock are making money or losing money on their own investments? What is the reason and basis for saying that stock will rise? Even if you buy a stock code and don&#8217;t go up, there will always be retail investors rushing in and continue to buy a  stock code. <\/p>\n\n\n\n<p>If the touted stock does not rise, retail investors will comfort themselves or say on behalf of the seller, as long as a few of the touted stocks have risen ever, it will be fine; then what is the difference between this behavior and buying lotto or gambling? Continue to burn incense and pray to the Buddha and ask the next touted stock to try your luck. Your investment life will always be trapped in a never-ending vicious circle of a rat race. You will always only spin around in the same place, even if you waste hard-earned money. <\/p>\n\n\n\n<p>The point is to waste your precious life and time. Just as I mentioned my views and experience in another article &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/27\/necessary-conditions-for-successful-investment-trilogy-do-investing-homework-by-yourself\/\">Necessary conditions for successful investment trilogy: Do investing homework by yourself<\/a>&#8220;. You never know why the stock rise, you will give up the ability to learn to discover star stocks on your own. Frankly speaking, you will never make a lot of money in the stock market.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"299\" height=\"168\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2021\/09\/0-1-1.jpg\" alt=\"\" class=\"wp-image-252\"\/><\/figure>\n\n\n\n<p>Of course I understand that this article is not pleasing, and very few people are willing to listen (and I would not expect most people to listen). However, this is human nature, and I am not surprised at all. Investing in the stock market is better than working in the workplace. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"You_never_know_know_why_stock_up_or_down\"><\/span><strong>You never know know why stock up or down<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The reason is that I mentioned my views and experience in another article &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/29\/the-advantages-of-stock-investment-except-money\/\">The advantages of stock investment, except money<\/a>&#8220;. You don\u2019t need to care about other people\u2019s opinions and insist on doing the right thing. After all, your investment performance can prove that your opinion is right.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"208\" height=\"121\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2022\/09\/gr-1600x1200-1.jpg\" alt=\"touted stocks\" class=\"wp-image-14097\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Its_impossible_to_make_money_in_stock_without_effort_paid\"><\/span><strong>It&#8217;s impossible to make money in stock without effort paid<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As I pointed out in another blog post, if you are lazy or want to make money in the stock market with the idea of getting something for nothing, I advise investors who hold these two mentalities to leave the stock market as soon as possible, because you can\u2019t make a lot of money.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/12\/04\/fall-to-lower-class\/\">You might unknowingly fall to lower class<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/09\/14\/behavior-bound-to-fail\/\" target=\"_blank\" rel=\"noreferrer noopener\">List of behaviors that are bound to fail when investing in stocks<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/12\/05\/lottery-like-stocks\/\">What happened to those lottery-like stocks?<\/a>&#8220;<\/li>\n\n\n\n<li> <span style=\"font-size: revert;\">&#8220;<\/span><a style=\"font-size: revert;\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/08\/06\/most-investors-problem-is-concepts-and-psychology-not-stock-selection\/\">Most investors&#8217; problem is concepts and psychology, not stock selection<\/a><span style=\"font-size: revert;\">&#8220;<\/span><\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/10\/wrong-investment-concept\/\" target=\"_blank\" rel=\"noreferrer noopener\">Investment concept not worth trying at all<\/a>&#8220;<\/li>\n\n\n\n<li> &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/01\/investing-many-years-and-never-make-money-what-should-i-do\/\">Investing many years and never make money, what should I do?<\/a>&#8221; <\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/25\/earn-small\/\" target=\"_blank\" rel=\"noreferrer noopener\">Invest many years and earn small, can it be improved?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/04\/young-people-investing\/\" target=\"_blank\" rel=\"noreferrer noopener\">The great enviable advantages of young people investing in stock<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/10\/investor-disadvantage\/\" target=\"_blank\" rel=\"noreferrer noopener\">The disadvantage of retail investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/19\/retail-investor-advantage\/\" target=\"_blank\" rel=\"noreferrer noopener\">The advantages of retail investors<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/10\/primer-books-for-investing\/\" target=\"_blank\" rel=\"noreferrer noopener\">Great primer books for Investing in the stock market<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/29\/get-rich-by-stock\/\" target=\"_blank\" rel=\"noreferrer noopener\">How young salary people could get rich by stock?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/03\/23\/shorting-is-dangerous\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why shorting is extremely dangerous to retail investors?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/13\/what-information-should-investors-take-notes-why\/\">What information should investors take notes?<\/a>&#8220;<\/li>\n\n\n\n<li> &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/06\/seeking-alpha-which-can-greatly-improve-the-investment-ability-of-u-s-stocks\/\">Seeking Alpha, which can greatly improve the investment capacity of U.S. stocks<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/08\/01\/timing-the-market\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why timing the market or swing trading simply not work?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/07\/13\/investors-who-chase-for-touted-stocks\/\">Investors who chase for touted stocks<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/09\/10\/wrong-investment-concept\/\" target=\"_blank\" rel=\"noreferrer noopener\">Retail investors&#8217; wrong investment concept not worth trying at all<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s impossible for the investors who chase for touted stocks to make big money.<\/p>\n","protected":false},"author":1,"featured_media":14097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,14,17,71],"tags":[],"class_list":["post-203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-behavior","category-investing-concept","category-investing-psychology","category-out-of-the-ordinary"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=203"}],"version-history":[{"count":45,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/203\/revisions"}],"predecessor-version":[{"id":40522,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/203\/revisions\/40522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/14097"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}