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Updates on the fantasy market
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Insurgent
#101 Posted : Friday, September 17, 2010 11:40:00 AM
Rank: User

Joined: 8/6/2010
Posts: 594
There is one girl am looking at and marveling at her prowess. She is now at position 12. I will offer a goat if she makes it among top five.


"One man gives freely, yet gains even more; another withholds unduly, but comes to poverty. A generous man will prosper; he who refreshes others will himself be refreshed." Rev Canon Karanja.
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reiner
#102 Posted : Friday, September 17, 2010 12:42:38 PM
Rank: Member

Joined: 3/11/2009
Posts: 27
And CNN should also try to take the game more seriously, he belongs at the top.
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mv_ufanisi
#103 Posted : Friday, September 17, 2010 1:38:49 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
guru267 wrote:
mv_ufanisi wrote:
guru267 wrote:
StatBoy wrote:
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.

There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place


Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market.

It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson.

So are you saying holding cash is The same as holding T bills??


There could be an option to buy a t-bill or bond in stead of money which would then lock you in there for sometime and penalize you for pre-mature exit. Just like real life.
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sparkly
#104 Posted : Friday, September 17, 2010 9:43:18 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
Even Warren Buffett held onto lots of cash for ages in 2006-8... then when the time was ripe... he pounced!

makes sense to hold cash in real life, but wazua ain't dishing out cash to anyone.
Life is short. Live passionately.
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obiero
#105 Posted : Friday, September 17, 2010 9:44:14 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,257
Location: nairobi
Watu wanaloose pesa ile mbaya. Yaani kuna mtu amepoteza 100K clean! Ata kama ni game, I think these people should have nothing to do with stocks. Im js saying..

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youcan'tstopusnow
#106 Posted : Monday, September 20, 2010 11:25:24 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Surealligator wrote:
youcan'tstopusnow wrote:
Surealligator wrote:
Stocksmaster has been doing an exemplary job but also facing the down side of overconfidence. Most likely, he will whether the shortfalls to emerge the winner.

Surealligator, overconfidence? Where did you get that from? Buying SCB twice? I see nothing wrong with that.


@You can stop us now

Does it make sense now?

Yep!smile
GOD BLESS YOUR LIFE
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the deal
#107 Posted : Tuesday, September 21, 2010 3:16:58 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
I think they will be a change at the top order before year end....
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reiner
#108 Posted : Thursday, September 23, 2010 2:00:21 PM
Rank: Member

Joined: 3/11/2009
Posts: 27
reiner wrote:
And CNN should also try to take the game more seriously, he belongs at the top.


@ CNN Applause Applause Applause
Jana he moved up to spot 39 from 93, I think. And the deal,seems you are gaining on both Wazua's and Statmeister's fantasy markets Applause Applause
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mlennyma
#109 Posted : Thursday, September 23, 2010 3:48:51 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
My biggest headache is safcom,k-re &access k pray 4 me wazuans zipande kidogo nitatoka mbio kama mbwa...we learn through mistakes but the nse is the best place to be in.
"Don't let the fear of losing be greater than the excitement of winning."
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2012
#110 Posted : Thursday, September 23, 2010 4:15:45 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
mlennyma wrote:
My biggest headache is safcom


Why didn't you sell scom when it was @5.8-6?
As for Kenya Re, this is still boarding time, a time will come when the few who board now will reap big time. I asked my friend to board Scangroup @25 and they said it was overpriced...

BBI will solve it :)
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  | | Edit by user: Thursday, September 23, 2010 4:20 PM | Reason: Not specified
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