Hupro Or Not Hupro ??

1. The stock that i intend to make a swap from AMFIRST is ARREIT but just manage to get some of it at 0.905sen yesterday :( still far below my desire target. The price seem reluctant to come down. Will try to buy more tomorrow when the market reopen. :)

2. A friend approach me and asking me, making 10% a week is it sound too good to you ?? wow !! what kind of investment that give such a high return ?? Yes, it is non-other than FOREX. I personally had tried it before since many years back, i still trade on and off even today but it is just not my cup of tea really, reason being is i just do not have time for it. Yes, i believe some may be able to garner such a high return consistently but this is no guarantee stuff here. On invitation, friend ask me to meet his FOREX guru, out of curiosity i step in to this company and being introduced to this FOREX guru so call. The guru show me live trading on the spot and tell me how easy making money is, all the stuff that shown look very familiar to me as mentioned it is not an alien thingy to me when dealing with FOREX.

I wonder what is this company doing here ?? An investment corporation or some thing else (SCAM) ?? as far as i know, Forex is prohibited here. After the session i pressed on my friend asking the real motive of this company. He told me, the company set based here as an IB (Introducer Broker) to Hupro FX an on-line Forex trading brokers based in UK. How does this company making profit being an IB so to speak ?? I more or less get some idea there after flashing back the long chat with that so call Forex Guru. I don't blame my friend as he is still a very greenhorn in investment industry.

Dissect from the conversation with the "Forex Guru", i can roughly guess the entire "Modus Operandi" of this company :-

• They first target to lure job seekers by aggressive marketing and advertisement through newspaper.
• Starting interview the potential job seekers candidate cum investors. (i saw many was waiting to be interviewed when i was there)
• Provide few days of training as described by my friend. I was told by the Forex Guru, even a few days of training is enough to beat anyone with 10 years of trading experience. Gosh !! they are making these newbies or coerce them to believe that they are a "master trader" only with few days of training.
• These "Master Traders" are "put" to get investors like friends or family members to invest by opening an account with them in which the investment will be handled by these so called "Master Traders" under supervision of the company's "Managers" or "Consultants". The more trades you performed the more income or "commission" you get. Not sure how much they get by introducing an investor though ??
• When ask how much is the investment amount?? The investment amount is a whopping 40K minimum. wow!! what kind of investment concept is this ?? This is hell lots of money to an ordinary family. With so many years of Forex trading, i can trade Forex even with a mere USD10....... just think about it dude, with RM40K investment is about 12.8K USD there. Their reason is simple, they don't due with mini account. WOW !! what the hack, investment also got style one, forget about small amount, don't waste my time if you don't have minimum 10K USD, sound like they are telling you off. :) (ain't investment is to make sure every one making money irrespective big or small??). Indirectly telling you that you are not up to my level if you are small fish. wakakakaka
• I suspect the next thing they will tell you once you dumped in that 40K, "Hello friend, your investment burst or hit margin call, you need to put in more fund else you are not up to our level. We have right not to handle you account unless you deposit more fund".

Fellow investors and friends out there, you tell me, Hupro or not Hupro ?? Scam or Not Scam ??