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speculative trading.
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lovely2010
#21 Posted : Friday, May 27, 2011 12:50:12 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
Aguytrying wrote:
Scangroup. Bought at 50.00. I've acquired it over the last few days. Time to sit back and see. I had an eye on unga at 8.60 but the universe conspired against my bid. Others to note. Pan africa. 44.50, c and g 30.00, cfc 54.50. But i've opted for scan. Lets see how it goes.


I doubt if you'll get c&g. I made a mistake getting in coz of the bonus and now Im stuck with the shares coz there were no buyers @ the time I needed to sell...and even if they are there now...no one will sell @ the current price...
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mlefu
#22 Posted : Friday, May 27, 2011 1:01:36 PM
Rank: Elder

Joined: 2/11/2007
Posts: 1,680
Location: nairobi
scan..at 44..another guy just trying..hehe
got C&G at last..nothing to smile about yet.
JUB..trading at 180`is, dont know much but if i had cash i would speculate.
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lovely2010
#23 Posted : Friday, May 27, 2011 1:06:53 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
mlefu wrote:
scan..at 44..another guy just trying..hehe
got C&G at last..nothing to smile about yet.
JUB..trading at 180`is, dont know much but if i had cash i would speculate.


44 doesnt surprise me...someone got it @ 40 sometime this week!
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mlefu
#24 Posted : Friday, May 27, 2011 1:18:25 PM
Rank: Elder

Joined: 2/11/2007
Posts: 1,680
Location: nairobi
uuuuuhhhiiiii..this 5days settlement period is not good ...44 wachana naye
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the deal
#25 Posted : Friday, May 27, 2011 2:01:20 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Speculate you will get burned...i don't do that no more....
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Impunity
#26 Posted : Friday, May 27, 2011 5:43:47 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
the deal wrote:
Speculate you will get burned...i don't do that no more....


Speculators makes the market be a real market.If all were to hold on who will be selling at the NSE?
Please discourage speculators because they make me money on a monthly basis at the NSE...
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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Aguytrying
#27 Posted : Saturday, May 28, 2011 11:43:07 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
lovely2010 wrote:
mlefu wrote:
scan..at 44..another guy just trying..hehe
got C&G at last..nothing to smile about yet.
JUB..trading at 180`is, dont know much but if i had cash i would speculate.


44 doesnt surprise me...someone got it @ 40 sometime this week!

the lowest scan traded that week was 45.00. Where did you get 40 from?
The investor's chief problem - and even his worst enemy - is likely to be himself
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Aguytrying
#28 Posted : Saturday, May 28, 2011 11:46:43 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
the deal wrote:
Speculate you will get burned...i don't do that no more....

just the other day you were criticising long term trading at the n.s.e. U even said u speculate with your whole portfolio. Why the sudden change in plan. With less than 20% its acceptable.
The investor's chief problem - and even his worst enemy - is likely to be himself
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QW25071985
#29 Posted : Saturday, May 28, 2011 11:52:08 AM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
speculating in a SIDEWAYS market are you guyz serious ?????Do you know how dangerous that is ???? though i must admit i am buying the market but for a loooooooooooooong term hold..
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the deal
#30 Posted : Saturday, May 28, 2011 12:08:42 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Aguy our Bro @QW has answers for you...i mean with this sky high inflation...rising interest rates...drought...uncertanities about 2012...all this factors tilt the bourse downwards...go long term...maybe 2013 when Raila has been confirmed Prez...even that SCAN i'm sure companies will be looking at cutting on AD costs...Safcom promised to do that.
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  | | Edit by user: Saturday, May 28, 2011 12:12 PM | Reason: Not specified
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