True Wealth’s Steve Shuggerud’s take on Tencent

By jbinsc, September 21, 2018

In Steve Shuggerud’s latest report of ”True Wealth” he calls Tencent a SELL. Today, I read an advertisement where Steve calls Tencent the buy of a lifetime.
Obviously, I either have things wrong or at best, I’m confused !!! I’d appreciate irregulars and of course what Travis thinks. I hope you all will share your knowledge on this ! Many thanks,

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Travis Johnson, Stock Gumshoe
Interesting — yes, the “this will be the biggest company in the world” pitch from Sjuggerud about Tencent has been rolling for a while, and sometimes newsletters keep running promos for stocks even after the editor of the newsletter sells the stock (either because timing of marketing is different, or because they just don’t care and keep emailing whichever ad works to get attention). Sjuggerud still seems to espouse the “melt up” forecast, believing there’s going to be another huge spike before the market crashes, particularly in China… but from what I remember reading I think he’s also a strong… Read more »
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