Wazua
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CFC-Stanbic 2009
Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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At 95 i will let go.Too ambitious?
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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cnn wrote:At 95 i will let go.Too ambitious? Offers at 88, 89 & 90 at the moment... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 6/17/2009 Posts: 1,627
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@vvs,i am looking at the next few trading days.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@VVS What are the volumes for demand and supply like? I cannot see live feeds on my cel
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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PKoli wrote:@VVS What are the volumes for demand and supply like? I cannot see live feeds on my cel 6,100 bid 2 84 9,500 bid @ 85 2,500 offer @ 88 4,500 offer @ 89 1,000 offer @ 90 Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 1/25/2009 Posts: 184 Location: For now El-Fashier - Darfur
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Who calls the shots??? The sellers or the buyers!! Having stocked this counter at sub 50 and with a target of 55% capital gain i think is its time to take my profit kesho. So expect a huge supply at today average price tomorror!!! Am seriously looking at another bus to ride on. Was eager to take advantage of USE correction after the terrorist attack but it neva responded! Suggestions invited but not OCHL "A bad decision made now is beta that a good one made later!!"
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Rank: Chief Joined: 1/3/2007 Posts: 18,349 Location: Nairobi
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@underweight "A bad decision made now is beta that a good one made later" so... I have a few OCHL to sell... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@VVS Thanks for update. I think it is worthwhile to wait for stabilization of price. It is more likely to remain stable than to go below 90 bob. On the other we might see it upward.
@Underweight. I too expected the USE to react negatively. As a tradition, the reaction from Ugandans is too slow. However, demand on most securities is very high from fund managers. Supply has been low and slow since Ugandans are not traders. We will seeing more activities as they start embracing CDS
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Rank: Elder Joined: 7/22/2009 Posts: 7,841
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@vvs - And who'll be making the bad decision here? You for selling or @underweight for buying. LOL. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 2/10/2007 Posts: 1,587
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@Maichblack Depends individual's investment horizon. If VVS is selling after making a loss of say 30% in 2 months and underweight is buying what he is likely to lose say 20% in two months.
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