whiteowl wrote:littledove wrote:whiteowl wrote:At this rate,it might go back to sub 40 n Panafric to sub 20
these two stocks made me good money during last bull, i boarded at around 60s,
i will start boarding cfc at any price below 60 and panafrica at any price below 30
because of bonus dilution,i believe the two will make investors money when bulls returns
I also doubled my cash with panafric in about 4 months but I'm in no hurry to get back in coz the bulls are nowhere in sight.
Cfc up almost 6% today to 84/=. Seems the ones waiting for it at 60/= and 40/= will be waiting for it for a looooong time!!!
This bad news was factored into the price a long time ago and that is why it took one hell of a beating. It seems the news is not as bad as the investors expected.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.