Financial analyst slams Carlos Celdran after PH stock remark

Financial analyst slams Carlos Celdran after PH stock remark

- Filipino tour guide Carlos Celdran was bashed by netizens after negative remarks on Philippine stock market and President Rodrigo Duterte's war on drugs

- Celdran posted on his Facebook account, saying that Duterte's drug war is a bad investment

- A financial analyst slammed Celdran and commented on his Facebook post

Filipino tour guide and activist Carlos Celdran was slammed by netizens and a financial analyst after his remark on the decrease of the Philippine stock market, blaming President Rodrigo Duterte's war on drugs.

Celdran posted on his Facebook page: "The Philippine Stock Market is crashing simply because the rest of the world knows that a drug war is a bad investment. Much less one that is run by Rodrigo Duterte and Bato Dela Rosa."

A financial analyst and March 2014's Real Estate Broker Licensure Examination board top notcher Joseph Brian Noynay hit Celdran's post and commented: "It is not a Stock Market Crash, and market corrections like that are Normal. Feel free to ask, if you want to learn more about Stocks and Mutual Funds."

Financial analyst slams Carlos Celdran after PH stock remark

Carlos Celdran (Photo from: alchetron.com)

Financial analyst slams Carlos Celdran after PH stock remark

Carlos Celdran's Facebook post (Photo credit: facebook.com)

READ ALSO: Carlos Celdran defends LP and Mar against ‘Millenial BPO’

Noynay's comment gained more than 600 likes and 140 replies. One Facebook user backed up Noynay's comment and said: "Hey Carlos Celdran? Cat got your tongue? You want to pretend you actually know how markets work? Wala ka pala eh. Wag kang mag marunong. Stay down!"

Another netizen commented: "And to think that a mere tour guide with a reputation for stirring up controversy is someone you can rely on for market forecasts? August nung nakaraan! Mahina ang benta. You are a detriment to society. Delete your account."

One netizen explained how stocks are low during August and September: "Ever had a stock market portfolio?ha!Just so you know every august and september stocks are usually low.Those months where foreign investors sold their shares. Research mo sir previous years during Aaquino admin matamlay din ang merkado those months. Genius ka po."

Financial analyst slams Carlos Celdran after PH stock remark

Joseph Brian Noynay's comment (Photo credit: facebook.com)

READ ALSO: LUNETA SHOWDOWN: Roxas supporters gather; Duterte squad to follow

Celdran wrote another Facebook post after being bashed by netizens. He wrote: "So far, I've pissed off nurses, call centre workers, Cebuanos, Davaoeños, 16 million voters, and as of today, a shitload of self proclaimed financial analysts. Did I forget anyone? Who should I piss off next? Any requests?"

READ ALSO: Showdown between supporters of Roxas and Duterte in Luneta, announced

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