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underweight
#41 Posted : Wednesday, October 06, 2010 1:35:12 PM
Rank: Member

Joined: 1/25/2009
Posts: 184
Location: For now El-Fashier - Darfur
Its purely a suckers rally. Lets wait and see those who will be canalised to suitable killing ground of the mboys choosing!
"A bad decision made now is beta that a good one made later!!"
guru267
#42 Posted : Wednesday, October 06, 2010 1:38:24 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
underweight wrote:
Its purely a suckers rally. Lets wait and see those who will be canalised to suitable killing ground of the mboys choosing!

I completely agree.... Someone's waiting to get burnt...

I can only ride this momentum on the fantasy market
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#43 Posted : Wednesday, October 06, 2010 1:56:57 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
Only bids at 70/- no offers... this is ridiculous!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwanahisa
#44 Posted : Wednesday, October 06, 2010 2:00:26 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
I must say I never saw this one coming. I am hating being on the sidelines (would have been a seller way before this). I am trying to activate some long forgotten shares bought through proxies. 400*70 is some nice change.
cnn
#45 Posted : Wednesday, October 06, 2010 2:01:39 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Gravity defying this one is.And the rise has been mostly foreign driven, all the way,98% of trades today.No parameter i try to figure out justifies this price.
Gatheuzi
#46 Posted : Wednesday, October 06, 2010 2:37:37 PM
Rank: Veteran

Joined: 8/16/2009
Posts: 994
cnn wrote:
Gravity defying this one is.And the rise has been mostly foreign driven, all the way,98% of trades today.No parameter i try to figure out justifies this price.


Iam also at loss wondering what is that Iam missing. I have re-read the financial reports and nothing has come to my attention that would push the valuation that high. I will spend the afternoon trying to search O&M website.

My only conclusion is that maybe another acquision/merger is in the offing or the technical analysts (of which I am not one of them) are just finding the charts sexy.
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
omega
#47 Posted : Wednesday, October 06, 2010 9:34:10 PM
Rank: Member

Joined: 6/9/2009
Posts: 85
Lol, dreams are made of this - my SCAN portfolio is 180% up.

My only regret is I sold 20% of my holding at 27 a day before the Ogilvy deal was announced.
2012
#48 Posted : Wednesday, October 06, 2010 9:42:10 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
omega wrote:
Lol, dreams are made of this - my SCAN portfolio is 180% up.

My only regret is I sold 20% of my holding at 27 a day before the Ogilvy acquisition was announced.


I wish I could pull up that thread! @25 I posted for ppl to buy because the deal had already happened but everyone said the counter was overpriced (vvs) and was already factored in. Anyway I hope I did not kula alone because the bounty was too much for one man.smile

BBI will solve it
:)
charming soul
#49 Posted : Wednesday, October 06, 2010 10:41:57 PM
Rank: Member

Joined: 12/2/2006
Posts: 42
I sold 90%of my scan shares @ 55/- thinking at the time that was the furthest scan would go, boy was i wrong. But I still made 100% gain so i guess no regrets just a little greedsmile Whats the saying about having your cake & eating it too....
Gordon Gekko
#50 Posted : Thursday, October 07, 2010 9:11:46 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
@charming soul, greed is good, greed is right. Watch my latest movie.
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