30 Stupid Reasons to Invest! From Bob Singh

Have you not heard all of this? If not mail me, I will make a list of when and where, and how many times these reasons were given. :-)

From Rediff
Stupidest reasons to buy stocks
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1. It will double in 2 years. (Sensex at 6500).
2. It will double in 1 year. (Sensex at 7000).
3. It will double in 6 months. (Sensex at 7500).
4. It will double in 3 months. (Sensex at 8000).
5. It will double in 1 month. (Sensex at 8500).
6. Company is doing a private placement/FCCB.
7. Company is going to give a bonus issue.
8. Company is going for a stock split.
9. Debt restructuring package.
10. Low PE. (What does it mean, isn't it because the company has no earnings?).
11. Looks good on the chart.
12. Company has got a big order.
13. They are planning an expansion.
14. Company has won some order from China.
15. Wal-Mart is outsourcing.
16. Market will go to 15,000.
17. Rakesh Jhunjunwalla (a leading Indian stock broker) is buying.
18. Warren Buffett is buying.
19. Reliance Capital is buying.
20. A big operator is buying.
21. Fidelity is buying.
22. Japanese are buying.
23. Some fund is buying.
24. The research analyst said it's undervalued. (Analyst know nothing. Period.)
25. They have lots of property.
26. Company is going for a buyback.
27. RSI is low.
28. Good story.
29. It's a long-term secular bull market.
30. My broker says it's a good buy.

Reason No. 31. Good reports are pouring (Not in Rediff story)