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ARM HY2017
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Mangs
#411 Posted : Wednesday, May 30, 2018 5:54:17 PM
Rank: New-farer

Joined: 9/12/2014
Posts: 31
sparkly wrote:
mlennyma wrote:
The rally is here with us almost 20% now


levels to look out for if you entered at KES 2.55 are KES 3.4; KES 3.9; KES 4.3; KES 4.7.

I will be happy to exit at 4.7.




Lol...what will drive it to 4.7 for you to exit sir? Are we assuming that prices just go up without regard to fundamentals?
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winmak
#412 Posted : Wednesday, May 30, 2018 6:36:53 PM
Rank: Member

Joined: 12/1/2007
Posts: 539
Location: Nakuru
Mangs wrote:
sparkly wrote:
mlennyma wrote:
The rally is here with us almost 20% now


levels to look out for if you entered at KES 2.55 are KES 3.4; KES 3.9; KES 4.3; KES 4.7.

I will be happy to exit at 4.7.




Lol...what will drive it to 4.7 for you to exit sir? Are we assuming that prices just go up without regard to fundamentals?


Yes, it actually has a name; Speculation
For investors as a whole, returns decrease as motion increases ~ WB
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xxxxx
#413 Posted : Wednesday, May 30, 2018 7:21:30 PM
Rank: Member

Joined: 3/20/2008
Posts: 503
Mangs wrote:
sparkly wrote:
mlennyma wrote:
The rally is here with us almost 20% now


levels to look out for if you entered at KES 2.55 are KES 3.4; KES 3.9; KES 4.3; KES 4.7.

I will be happy to exit at 4.7.




Lol...what will drive it to 4.7 for you to exit sir? Are we assuming that prices just go up without regard to fundamentals?


Can u tell us what drove it down from say 10 to 2.55 and then to 2.7 and to today's 2.9? Are you saying that the value of the entire company went down just like that two days ago and that the value of the whole company is now back up? Did something positive happen during these last 2 days to push price up be 0.5?
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sparkly
#414 Posted : Wednesday, May 30, 2018 8:56:29 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Mangs wrote:
sparkly wrote:
mlennyma wrote:
The rally is here with us almost 20% now


levels to look out for if you entered at KES 2.55 are KES 3.4; KES 3.9; KES 4.3; KES 4.7.

I will be happy to exit at 4.7.




Lol...what will drive it to 4.7 for you to exit sir? Are we assuming that prices just go up without regard to fundamentals?


There are no fundamentals at play here.

Just market psychology, the ping pong between buyers and sellers, bulls (optimists) and bears (pessimists).

The overrall trend is downward but there will be pull and push before the market agrees on what the share is actually worth.

In other words it's time for Technical Analysis aka cartoons and those are key fibonacci retracement levels.

Life is short. Live passionately.
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mlennyma
#415 Posted : Thursday, May 31, 2018 12:39:26 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Rally waiting for an update on the company's troubles
"Don't let the fear of losing be greater than the excitement of winning."
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obiero
#416 Posted : Thursday, May 31, 2018 12:44:32 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,227
Location: nairobi
mlennyma wrote:
Rally waiting for an update on the company's troubles

Extremely high risk gamble
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mlennyma
#417 Posted : Thursday, May 31, 2018 12:51:27 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
obiero wrote:
mlennyma wrote:
Rally waiting for an update on the company's troubles

Extremely high risk gamble

and could be heading to lower than 2.55 if the update delays or if it's nerve shaking
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Thursday, May 31, 2018 1:41 PM | Reason: Not specified
VituVingiSana
#418 Posted : Thursday, May 31, 2018 1:22:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,351
Location: Nairobi
I thought the results were supposed to be out today... ARM does have 13 hours left
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Mastermind
#419 Posted : Thursday, May 31, 2018 2:11:05 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
sparkly wrote:
mlennyma wrote:
The rally is here with us almost 20% now


levels to look out for if you entered at KES 2.55 are KES 3.4; KES 3.9; KES 4.3; KES 4.7.

I will be happy to exit at 4.7.


The light can at any time go from green to red without passing at yellow.
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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muandiwambeu
#420 Posted : Thursday, May 31, 2018 2:13:03 PM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
VituVingiSana wrote:
I thought the results were supposed to be out today... ARM does have 13 hours left

DAMN THE DAMN SOLAI DAMN HAS BURST RIGHT INSIDE THE MADNESSNSE, POSITIONS RETRACTING SO FAST.
Pray Pray Pray Pray Pray Pray Pray RUN!Sad
,Behold, a sower went forth to sow;....
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  | | Edit by user: Thursday, May 31, 2018 2:18 PM | Reason: Not specified
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