The stock market is a rigged game. It is ironical for a stocks investor without a seat at the board or ears at the board to criticize a person who gambles. It is almost the same thing...ALMOST. 99% of stock market investors invest blindly...because they cannot authenticate the quality of financial statements presented to them, and audit firms are all compromised. I stopped investing in shares a long time ago when I discovered that companies could go bankrupt three months after an audit of their accounts. Unless you are an insider either physically or by proxy, it does not make any financial sense to invest in stocks. Even those who make money are just lucky. To all wazua investors, how much do you know about the company you have invested in? How can you confirm the accuracy of the accounts presented if even auditors can be compromised?

I am always the first one to show people over here the direction of the NSE but Wazuans usually refuse to heed my prophesy after prophesy. I told you the bill will be signed in one sentence. People hardened their hearts offering long analysis justifying their cling on financials. Wakadhani ni mchezo uuuiii! TITHIMA. Say it again kama imebamba TITHIMA!

The Njonis a racket

Hehe. I had earlier information and passed it on right here that the bill will be signed.. I also happen to hold some financial services stock but opted not to sell with full awareness that the same shall fall.. Now, quote me and quote me right, nothing much has changed in essence for the banks.. Firstly, the existing loans will not be repriced, further new deposits will not be higher than the proposed minimum regardless of amount.. The margin spread proposed by law are actually higher than what was charged prior.. So long as banks shall keep costs of funds low then they will survive. KCB has sourced funds at 3% from Europe for onward lending at 14.5%!! COOP bank has also shown that implementation is welcome and doable.. The sky shall not turn green and the water will not turn red.. Banks will sail through the storm and the stocks will stabilise starting tomorrow!!! Lack of bids to match the asks remains a positive sign and should be only yardstick to be utilized by traders.. As for investors, we wait..

Prophecy fulfilled. COOP up 10% one day after my purchase.. I am not a prophet but I simply know how to call out the bottom levels. Thank me now!!!

Smart move. No point in investing in the Stock Markets if you do not trust them.
Yes, those who invest & make something on the stockmarkets are just lucky folks.
Yes, we know very little about the companies we invest in.
No, we cannot confirm what's real or not about the accounts.

As you said, we (who invest in the stockmarket) are fools. And some of us are lucky fools.