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safcom rally
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kizee
#1 Posted : Thursday, June 18, 2009 8:43:00 AM
Rank: Member


Joined: 1/9/2008
Posts: 537
hi guys,

anybody know wats behind the safcom rally? is it dead cat or realistic?
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McReggae
#2 Posted : Thursday, June 18, 2009 8:58:00 AM
Rank: Elder


Joined: 6/17/2008
Posts: 23,365
Location: Nairobi
something to do with the fibre optic cable launch!!!!

The chief value of money lies in the fact that one lives in a world in which it is overestimated.
..."Wewe ni mtu mdogo sana....na mwenye amekuandika pia ni mtu mdogo sana!".
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hello
#3 Posted : Thursday, June 18, 2009 10:19:00 AM
Rank: Member


Joined: 6/11/2008
Posts: 257
May be a big fish has bought so many when price was 2.8 and now will start off loading.

good investor,but poor in mathamatakos.
I want to be a millionaire.
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Ballistik
#4 Posted : Thursday, June 18, 2009 12:55:00 PM
Rank: Member


Joined: 6/18/2009
Posts: 16
I think these so-called foreign investors could be creating a mini-rally,remembr they picked most of these shares @2.8 and this is perfect timing after the landing of the fibre Optic cable,deal with Digital Tv and we are closing the 2nd quarter some Fund managers will definately need to report improvement in investments.

Ballistik........
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kishindo
#5 Posted : Thursday, June 18, 2009 8:20:00 PM
Rank: Member


Joined: 1/11/2008
Posts: 121
even some small fish got some! and whatever the reason for the rally...twas a good 13 day period 2.8 to 3.55. however i have learnt that spread selling could be as usefull as spread buying...happy hunting all,i'm now wtching this counter from the sidelines.

less is more for Architects only!!
Less is more....for Architects only!!
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jerry
#6 Posted : Friday, June 19, 2009 4:01:00 AM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
@all. Don't 4get the effect of cd however small it could be. I think it will hit 4/= next wk. Can some1 remember MJ saying that we should watch SCOM for signs of market recovery?

Hotels will always serve the fruits/vegs of the season. In stocks,ur duty as a trader is to identify the HOTshare of the season.
The opposite of courage is not cowardice, it's conformity.
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sheep
#7 Posted : Friday, June 19, 2009 6:12:00 AM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
I am having a ball with this one....might think offloading some at 3.95
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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Retro
#8 Posted : Friday, June 19, 2009 8:18:00 AM
Rank: Member


Joined: 6/19/2009
Posts: 5
Lets keep it simple,Safcom is making money and will keep making money now and in the future. I bought 200K shares and for me its long term. Will I make my money? YES.


The pesimist complains about the wind,the optimist expects it to change. The leader adjusts the Sails
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The General
#9 Posted : Friday, June 19, 2009 9:04:00 AM
Rank: Member


Joined: 6/3/2006
Posts: 553
Looks like the blood bath has begun....

The thicker the thigh the sweeter the pie.
The thicker the thigh the sweeter the pie.
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