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Home Afrika Listing at NSE!
Rank: New-farer Joined: 4/12/2014 Posts: 56
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I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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INTERESTING! wrote:I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent So your buy decision will be based on what? The low price? Mumias is even lower!
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Rank: New-farer Joined: 4/12/2014 Posts: 56
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icecube wrote:INTERESTING! wrote:I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent So your buy decision will be based on what? The low price? Mumias is even lower! No. Not just the low price...I said If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in ... If there is nothing, then there is nothing. You cannot invest in an empty debe even if it is selling for Sh0.50 unless you know of someone who will buy the same empty debe for a price higher than that
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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INTERESTING! wrote:icecube wrote:INTERESTING! wrote:I am not sure how low this thing will drop but I am now getting tempted to get in.
If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in now.
I can buy 5,000 shares at Sh3.50 max = Sh17,500 which is like 70% of what the person who bought 1,000 shares at Sh25 on the first trading day of this stock spent So your buy decision will be based on what? The low price? Mumias is even lower! No. Not just the low price...I said If I can just dig up a reason to, I will. I need some concrete information that can assure me to get in ... If there is nothing, then there is nothing. You cannot invest in an empty debe even if it is selling for Sh0.50 unless you know of someone who will buy the same empty debe for a price higher than that OK, Correct! Now, the digging should begin, otherwise, by the time that information (if any) comes, the price may be back up before you get in.
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom
KQ ABP 4.26
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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Pesa Nane wrote:mwekez@ji wrote:They are listing on Monday and giving Information Memorandum the same day? I could be wrong but me thinks these guys are stingy with information. @pesanane @mwekezaji @hisah saw this scam from a mile away
KQ ABP 4.26
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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obiero wrote:instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom For every buyer, there is a seller, willing buyer willing seller?? Soo many people sold today, but there are soo many people who bought...
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Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi
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icecube wrote:obiero wrote:instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom For every buyer, there is a seller, willing buyer willing seller?? Soo many people sold today, but there are soo many people who bought... @icecube usidanganye mtu mgeni hapa.. the tilt towards buy or sell depends on unique number of trades by a unique buyer or seller i.e. either one buyer getting lots of shares from many sellers (front runner) or many buyers getting the shares from one seller (major dumper)
KQ ABP 4.26
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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obiero wrote:icecube wrote:obiero wrote:instead of asking who is buying, please ask yourself why soo many people sold today. anyway, at the current price, it is safe to gamble with this time bomb. i recommend buy as it appears to have hit rock bottom For every buyer, there is a seller, willing buyer willing seller?? Soo many people sold today, but there are soo many people who bought... @icecube usidanganye mtu mgeni hapa.. the tilt towards buy or sell depends on unique number of trades by a unique buyer or seller i.e. either one buyer getting lots of shares from many sellers (front runner) or many buyers getting the shares from one seller (major dumper) OK
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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@guru, what do you think?
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