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EQUITY MADNESS!!
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mv ufanisi
#111 Posted : Wednesday, April 15, 2009 9:18:00 AM
Rank: Member

Joined: 12/13/2006
Posts: 108
It's funny how the stock market works - today no buyers lots of sellers,next thing another announcement and there are no sellers but lots of buyers.
The same people who were unwilling to buy earlier at a low price will now be chasing the share at a much higher price. The same people who were willing to sell at a high price will now be willing to sell at a cheaper price.

That's the real madness.

this share is like a mashua in rough seas - getting tossed back and forth. Some people will get thrown out of the boat,some will survive to see another day.
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mukiha
#112 Posted : Wednesday, April 15, 2009 2:44:00 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
A trend has settled in....

Closed at 14.6 yesterday (Tue)
Closed at 13.15 today (Wed)
Will close at 11.90 tomorrow (Thu)
Will close at 10.70 on Fri (thank God,it will be Friday....)
.
.
.
.
Then on Monday,sense will settle in and it not touch 10....
but friday next week,it will be hovering around 10.

That's my thinking
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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eli
#113 Posted : Wednesday, April 15, 2009 4:09:00 PM
Rank: Member

Joined: 6/17/2008
Posts: 294
@Mukiha,

I can see you are a real speculator! Lets start bidding at 10bbo,9bob,and 8bob if possible!

But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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BAAK
#114 Posted : Wednesday, April 15, 2009 7:20:00 PM
Rank: Member

Joined: 8/27/2008
Posts: 70
TB et al

You may not be aware&hellip; that BAAK is immune to any kind of insult &hellip; but as suggested elsewhere,I would also request that you moderate your responses as we are not all the same. As you can see MV Ufanisi is already raising the red flag&hellip;

On the other hand,amateurs should know that EB is a highly VOLATILE counter. So for now,most would be buyers have kept their hands off,hoping it will settle &lsquo;somewhere down&rsquo;&hellip;Watch out when the down turn starts to falter,more so 2moro and monday when those speculators who sold @ 16,17,18/- start buying again&hellip;This thread is now tired&hellip;NEXT THREAD!
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Jaguar
#115 Posted : Thursday, April 16, 2009 6:53:00 AM
Rank: Member

Joined: 6/7/2007
Posts: 263
Location: humu humu
Question is who are this 'patriotic' shareholders buying equity even with a pretty clear trend of shedding 9.9% percent everyday.
Do they know something that most of us don't know?

@mukiha,close call. Its now trading @11.85
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VituVingiSana
#116 Posted : Thursday, April 16, 2009 7:59:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
Yes,we are getting there. I will wait 2 more days after it goes below the 10/- mark

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Seles83
#117 Posted : Thursday, April 16, 2009 9:41:00 AM
Rank: Member

Joined: 11/9/2007
Posts: 288
Location: OZ
@ 8 Bob the counter will be attractive to me.

Failure inspires winners...winners are made not born
More monies, more problems...
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VituVingiSana
#118 Posted : Thursday, April 16, 2009 9:51:00 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,344
Location: Nairobi
I think 8/- is a stretch... I am looking @ between 9.50 to 10/-

Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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brubo
#119 Posted : Thursday, April 16, 2009 7:42:00 PM
Rank: Member

Joined: 3/15/2009
Posts: 15
To endowed investment gurus.....
Is it right to buy it now ? Is it fundamentally sound....... i don;t know something just isn't right here......honestly can't believe how low this stock has sunk...
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Mali
#120 Posted : Friday, April 17, 2009 10:37:00 AM
Rank: Member

Joined: 7/3/2008
Posts: 238
DEMAND from where???? ALA?

if the incompetent and the reckless compete,the result is a disaster.. MN
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