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disaster for Eaagads share price
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guru267
#1 Posted : Sunday, November 07, 2010 10:25:05 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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the deal
#2 Posted : Sunday, November 07, 2010 10:29:17 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
guru267 wrote:
http://www.businessdailyafrica.com/-/539552/1048822/-/6rv10qz/-/index.html


i'm glad i stayed out...this one was to good to be true...but it was a nice ride in the fantansy market.
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guru267
#3 Posted : Sunday, November 07, 2010 10:43:10 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
the deal wrote:

i'm glad i stayed out...this one was to good to be true...but it was a nice ride in the fantansy market.


while it lasted Laughing out loudly guys are gonna get fried in the fantasy and real market BADLY... herd mentality is a bitch... Sad
Mark 12:29
Deuteronomy 4:16
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Sober
#4 Posted : Sunday, November 07, 2010 10:56:46 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
I BELIEVE THE 10% RULE WILL CUSHION US COME TOMMOROW.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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sparkly
#5 Posted : Sunday, November 07, 2010 11:01:22 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
guru267 wrote:
the deal wrote:

i'm glad i stayed out...this one was to good to be true...but it was a nice ride in the fantansy market.


while it lasted Laughing out loudly guys are gonna get fried in the fantasy and real market BADLY... herd mentality is a bitch... Sad

trully screwed, i said it on another thread but even i fell for the lure of easy cash - on the fantasy market when it started doing a scangroup. Waah even 10 will not be low enough.
Life is short. Live passionately.
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lovely2010
#6 Posted : Sunday, November 07, 2010 11:05:38 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
cant wait to see desperation of dampers...Ouch!
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PKoli
#7 Posted : Sunday, November 07, 2010 11:40:26 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
lovely2010 wrote:
cant wait to see desperation of dampers...Ouch!


This might be a little painful to those guys who kept this share expecting it to sell at 300. Although, as I indicated before, there was hardly any meaningful volumes being traded.
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youcan'tstopusnow
#8 Posted : Monday, November 08, 2010 7:55:59 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
People won't lose much on the Fantasey market They've already put their sell orders (the smart ones) You all know how the Fantasey market operates. Shares can be bought and sold instantaneously. But nevertheless, it will definitely be interesting to look at the trades at the end of the day
GOD BLESS YOUR LIFE
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mkonomtupu
#9 Posted : Monday, November 08, 2010 8:36:08 AM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
It's unbelievable that the share has p/e of 106 and has market capitalisation of 1.2billion with an asset base of Kshs 251million. Is there anyone who bought it in the actual market at those prices?

"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
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qw25041985
#10 Posted : Monday, November 08, 2010 8:36:56 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
I have always stayed out of low liquidity stock.Even if its ridding sky high.Unga confirmed that and now Eaagads is doin the same.The low volumes this stock was trading on its way up showd there was something wrong.

@guru. I wonder how you'll get out of this ?

On other news i never knew Mumias would touch 9 bob !!!! OMG this is bad,really bad.
Your future depends on your dreams so go to sleep !
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