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Rank: Elder Joined: 6/23/2009 Posts: 14,367 Location: nairobi
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icecube wrote:This thing closed the week at over 4 bob. was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later COOP, KEGN, MTNU
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Rank: Member Joined: 5/6/2014 Posts: 268 Location: Nairobi, Kenya
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obiero wrote:icecube wrote:This thing closed the week at over 4 bob. was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later @ Obiero, was migaa discussed at the exchange bar?
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Rank: Elder Joined: 6/23/2009 Posts: 14,367 Location: nairobi
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Akenyan2014 wrote:obiero wrote:icecube wrote:This thing closed the week at over 4 bob. was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later @ Obiero, was migaa discussed at the exchange bar? migaa is a white elephant my friend. only the golf course is done, thanks to Emilio. even the show house is not complete! COOP, KEGN, MTNU
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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obiero wrote:icecube wrote:This thing closed the week at over 4 bob. was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later @Obiero, thanks for sharing this information. I think the share will go back where it belongs, 2 bob and below..
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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@ Obiero, we will thank you sooner than later
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Rank: Member Joined: 12/3/2008 Posts: 113
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VituVingiSana wrote:Aguytrying wrote:when stocks go down like this, we need not panic. look at britam it sunk to 4.00 from 9.00.
we should concentrate on whether this company is profitable, will it continue to grow profits, can we trust management. if all these are positive. buy the shares and ignore the noise.
Britam at 4? Lini? I think the lowest was 6 I bought Britam at IPO and sold at 5.5 worst mistake I ever made. Friends, learn to accept and move on. no one knows what tomorrow holds. Even Safaricom sank to 2.9. The hardest lessons: 1. Have a strategy i.e Longterm, Shortterm trading, Dividend hunting etc. and stick to it. 3. Have a target 2. Diversify your portfolio
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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icecube wrote:@ Obiero, we will thank you sooner than later Yes after making money...  possunt quia posse videntur
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Rank: Member Joined: 1/2/2008 Posts: 268 Location: Nairobi
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obiero wrote:icecube wrote:This thing closed the week at over 4 bob. was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later The price of this thing is now getting out of control! 4.45???
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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icecube wrote:obiero wrote:icecube wrote:This thing closed the week at over 4 bob. was at the exchange bar and i received terrible news on the share.. imagine, they bought land for Lakeview Heights that is on a steep slope with hard rock in Kisumu. Apparently, construction of the land will be exhorbitant and banks have shied from lending to the firm due to dip in revenue as a result of its stalled projects.. Their major backer, retired president Emilio has now had to use some of his own connections and funds to prop up the stock.. This temporary rise is known as the dead cat bounce. Thank me later The price of this thing is now getting out of control! 4.45??? RSI divergence but Wait until it closes above 4.50. Life is short. Live passionately.
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Rank: Member Joined: 3/14/2012 Posts: 577 Location: Nairobi Kenya
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I agree someone was trying to pump this stock. This cat is on its last bounce. This time it will drop to the bottom. Before I die - i will touch the sky!!
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