One year ago, three brokerage firms—-RHB Securities, Samuel Sekuritas, and Mirae Asset—-recommended everybody to buy bukalapak.com (BUKA) with target price between Rp330 and Rp268 simply because the stock recovered to above Rp200. On Thursday (Oct 31), Bukalapak ended lower by 1.54% to Rp128. So, whoever followed recommendations from these brokers already booked huge losses. To subscribe please click here
