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Kengen has bolted!
Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Aguytrying wrote:Im staying put. I've watched almost 50% paper profits come and go. Reason? My target is higher than that and since i cant predict the market or a share for that matter, i decided not to sell. For eg. if you sold at 14.00, how do you know when to buy again? you dont know how low it will go and for how lonng, and you may even end up buying into the next rally at a higher price, so unless i wanted to divest completely(which i did not) it would have been a bad idea. In the long run the company will attain its correct valuation, way more than the 14.00 that printed. Speculation is so sweet, but its outcome is eventually painful Ditto. I'm also here for the long haul. If anything this correction is opportunity to add. I hope price will be accomodating when I liquidate my $
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Rank: Member Joined: 2/18/2011 Posts: 448
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Mukiri wrote:Aguytrying wrote:Im staying put. I've watched almost 50% paper profits come and go. Reason? My target is higher than that and since i cant predict the market or a share for that matter, i decided not to sell. For eg. if you sold at 14.00, how do you know when to buy again? you dont know how low it will go and for how lonng, and you may even end up buying into the next rally at a higher price, so unless i wanted to divest completely(which i did not) it would have been a bad idea. In the long run the company will attain its correct valuation, way more than the 14.00 that printed. Speculation is so sweet, but its outcome is eventually painful Ditto. I'm also here for the long haul. If anything this correction is opportunity to add. I hope price will be accomodating when I liquidate my $ Ask yourself what is longterm? someone said long term is forever and i believe this....read the market,set targets and know when to exit or when to bite the bullet and hold on
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mibbz wrote:Mukiri wrote:Aguytrying wrote:Im staying put. I've watched almost 50% paper profits come and go. Reason? My target is higher than that and since i cant predict the market or a share for that matter, i decided not to sell. For eg. if you sold at 14.00, how do you know when to buy again? you dont know how low it will go and for how lonng, and you may even end up buying into the next rally at a higher price, so unless i wanted to divest completely(which i did not) it would have been a bad idea. In the long run the company will attain its correct valuation, way more than the 14.00 that printed. Speculation is so sweet, but its outcome is eventually painful Ditto. I'm also here for the long haul. If anything this correction is opportunity to add. I hope price will be accomodating when I liquidate my $ Ask yourself what is longterm? someone said long term is forever and i believe this....read the market,set targets and know when to exit or when to bite the bullet and hold on longterm is when the stock achieves fair value, estimate 3 yrs. goodluck with reading the market The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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Aguytrying wrote:mibbz wrote:Mukiri wrote:Aguytrying wrote:Im staying put. I've watched almost 50% paper profits come and go. Reason? My target is higher than that and since i cant predict the market or a share for that matter, i decided not to sell. For eg. if you sold at 14.00, how do you know when to buy again? you dont know how low it will go and for how lonng, and you may even end up buying into the next rally at a higher price, so unless i wanted to divest completely(which i did not) it would have been a bad idea. In the long run the company will attain its correct valuation, way more than the 14.00 that printed. Speculation is so sweet, but its outcome is eventually painful Ditto. I'm also here for the long haul. If anything this correction is opportunity to add. I hope price will be accomodating when I liquidate my $ Ask yourself what is longterm? someone said long term is forever and i believe this....read the market,set targets and know when to exit or when to bite the bullet and hold on longterm is when the stock achieves fair value, estimate 3 yrs. goodluck with reading the market Anothe ditto. I'm a speculator
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Rank: User Joined: 1/5/2013 Posts: 66
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Some are try to average down this stock. But it may just be time to cut down losses. Sentimentalism on this counter is counterproductive.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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FOsiemo10M wrote:Some are try to average down this stock. But it may just be time to cut down losses. Sentimentalism on this counter is counterproductive. 
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Rank: Member Joined: 2/18/2011 Posts: 448
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Mukiri wrote:Aguytrying wrote:mibbz wrote:Mukiri wrote:Aguytrying wrote:Im staying put. I've watched almost 50% paper profits come and go. Reason? My target is higher than that and since i cant predict the market or a share for that matter, i decided not to sell. For eg. if you sold at 14.00, how do you know when to buy again? you dont know how low it will go and for how lonng, and you may even end up buying into the next rally at a higher price, so unless i wanted to divest completely(which i did not) it would have been a bad idea. In the long run the company will attain its correct valuation, way more than the 14.00 that printed. Speculation is so sweet, but its outcome is eventually painful Ditto. I'm also here for the long haul. If anything this correction is opportunity to add. I hope price will be accomodating when I liquidate my $ Ask yourself what is longterm? someone said long term is forever and i believe this....read the market,set targets and know when to exit or when to bite the bullet and hold on longterm is when the stock achieves fair value, estimate 3 yrs. goodluck with reading the market Anothe ditto. I'm a speculator and when will fair value be achieved? It might be forever! we are all speculators at the end of the day whether short, medium or long term unless of course you own a huge chunk of the company/asset that is listed
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Time to go in...at KES11...the stock is down 21% this week...correction overdone.
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Rank: User Joined: 7/12/2011 Posts: 21
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FOsiemo10M wrote:Some are try to average down this stock. But it may just be time to cut down losses. Sentimentalism on this counter is counterproductive. Stop loss orders should already have been executed. Whoever is still holding, the market has spoken.
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Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
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11.50 is a good bargain Am scooping more of this at this price.RSI signals buy
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
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