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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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wukan wrote:There is a saying there's no point in trading the end of the world. The plague ended feudalism it won't have mattered if you bought the best feudal stocks. Whole economies are about to be reshaped.
Shutting down markets is now under consideration. Trade with caution Already happened. Philippines closed all its markets from stocks, currencies to bonds until Thursday. Interesting times. The main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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sparkly wrote:Angelica _ann wrote:Before we die, let us try to make money!!! Thinking short term of BAT, KCB, Co-oP and Equity.
Let us have a conversation .... I added some BAT today at KShs 400. My abp is now 458 all inclusive. I also feel it's too early to buy,shooting a squirrel when the elephant is on it's way coming,however we always say you can't know the bottom, this is just my view "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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mlennyma wrote:sparkly wrote:Angelica _ann wrote:Before we die, let us try to make money!!! Thinking short term of BAT, KCB, Co-oP and Equity.
Let us have a conversation .... I added some BAT today at KShs 400. My abp is now 458 all inclusive. I also feel it's too early to buy,shooting a squirrel when the elephant is on it's way coming,however we always say you can't know the bottom, this is just my view What if they suspend trading till further notice?
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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watesh wrote:mlennyma wrote:sparkly wrote:Angelica _ann wrote:Before we die, let us try to make money!!! Thinking short term of BAT, KCB, Co-oP and Equity.
Let us have a conversation .... I added some BAT today at KShs 400. My abp is now 458 all inclusive. I also feel it's too early to buy,shooting a squirrel when the elephant is on it's way coming,however we always say you can't know the bottom, this is just my view What if they suspend trading till further notice? It’s ok if we are buying stocks with strong fundamentals that we will be happy to hold even if NSE were to shut for a year. And we are not gambling cash for mboga ya leo jioni. For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mlennyma wrote:sparkly wrote:Angelica _ann wrote:Before we die, let us try to make money!!! Thinking short term of BAT, KCB, Co-oP and Equity.
Let us have a conversation .... I added some BAT today at KShs 400. My abp is now 458 all inclusive. I also feel it's too early to buy,shooting a squirrel when the elephant is on it's way coming,however we always say you can't know the bottom, this is just my view  there will be a temporary recovery. Life is short. Live passionately.
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Rank: Veteran Joined: 9/18/2014 Posts: 1,127
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lochaz-index wrote:wukan wrote:There is a saying there's no point in trading the end of the world. The plague ended feudalism it won't have mattered if you bought the best feudal stocks. Whole economies are about to be reshaped.
Shutting down markets is now under consideration. Trade with caution Already happened. Philippines closed all its markets from stocks, currencies to bonds until Thursday. Interesting times. Spain has banned short selling of individual stocks. Quote:Spain’s securities regulator banned short selling for a month in an attempt to shield local stocks from the volatility caused by the coronavirus outbreak. https://www.bloomberg.co...th-on-coronavirus-plungeThe main purpose of the stock market is to make fools of as many people as possible.
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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A strong buy recommendation on safcom by citi "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky
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mlennyma wrote:A strong buy recommendation on safcom by citi yesterday foreigners were net buyers of safaricom amid continued selloff of other counters There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Things are thick, from the First World Markets Shenanigans thread ....... lochaz-index wrote:For those short selling various European markets, shorting has been banned entirely or on select stocks in Italy, Spain, France and the UK. Expect more countries to follow. Best migrate those shorts to the respective indices of interest. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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mlennyma wrote:A strong buy recommendation on safcom by citi You still waiting for sub 15? For investors as a whole, returns decrease as motion increases ~ WB
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