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moneydust
#31 Posted : Thursday, February 24, 2011 9:22:03 AM
Rank: Member

Joined: 1/31/2007
Posts: 304
qw25041985 wrote:
@ Jamani . i guess we are cooking together...but i'll be brave enough to add more once the price settles.Just do cover my losses


Bad idea...if a share doesn't respond according to your expectation.Its time for a rethink..
Besides its not the only fish in the pond.

Dont get too tied to a share even if it means taking a loss.This philosophy has served me well over the years...when I have choosen to ignore it due to my fear of taking losses,I have bn massively burnt into my senses...
Wendz
#32 Posted : Thursday, February 24, 2011 9:41:05 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Jamani wrote:
bartum wrote:
Jamani wrote:
Sober wrote:
IPO price, here we are eventually. what next...


sadly so, nimechomeka

pole ndugu


Ahsante, its the highest degree of burn,i have ever received in this market.In terms of amount invested and current value


Tulikuwa wengi, but i decided to crystallize my loss and put the remaining amounts elsewhere where i can recoup the loss by year end may be.... But the lesson learnt is worth more than the total loss (na si peni nane).

This one, this one...aaaah...together with its cat sister..... am not touching even if they are taken to the "buy 1 get 2 free or "5 for the price of 2 - buy one get all" sort of a fish market.... Sitaki!
Chaka
#33 Posted : Thursday, February 24, 2011 9:48:21 AM
Rank: Elder

Joined: 2/16/2007
Posts: 2,114
Hata mimi nimetupa mbao hapa!I am headed to the ICU...I should have known that a lawyer cannot ran an IT company...
Now question,If it comes to a hostile takeover,will we get invitaions to sell by mail or will the bidder advertise in the dailies?
MaichBlack
#34 Posted : Thursday, February 24, 2011 9:48:52 AM
Rank: Elder

Joined: 7/22/2009
Posts: 7,859
Wendz wrote:
Jamani wrote:
bartum wrote:
Jamani wrote:
Sober wrote:
IPO price, here we are eventually. what next...


sadly so, nimechomeka

pole ndugu


Ahsante, its the highest degree of burn,i have ever received in this market.In terms of amount invested and current value


Tulikuwa wengi, but i decided to crystallize my loss and put the remaining amounts elsewhere where i can recoup the loss by year end may be.... But the lesson learnt is worth more than the total loss (na si peni nane).

This one, this one...aaaah...together with its cat sister..... am not touching even if they are taken to the "buy 1 get 2 free or "5 for the price of 2 - buy one get all" sort of a fish market.... Sitaki!

@Wendz - Did you exit at 16/= or it went down before you jumped? I remember the last time you made a "distress call", it was at 16/= then it went down hill from there!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Wendz
#35 Posted : Thursday, February 24, 2011 9:57:36 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
MaichBlack wrote:
Wendz wrote:
Jamani wrote:
bartum wrote:
Jamani wrote:
Sober wrote:
IPO price, here we are eventually. what next...


sadly so, nimechomeka

pole ndugu


Ahsante, its the highest degree of burn,i have ever received in this market.In terms of amount invested and current value


Tulikuwa wengi, but i decided to crystallize my loss and put the remaining amounts elsewhere where i can recoup the loss by year end may be.... But the lesson learnt is worth more than the total loss (na si peni nane).

This one, this one...aaaah...together with its cat sister..... am not touching even if they are taken to the "buy 1 get 2 free or "5 for the price of 2 - buy one get all" sort of a fish market.... Sitaki!

@Wendz - Did you exit at 16/= or it went down before you jumped? I remember the last time you made a "distress call", it was at 16/= then it went down hill from there!


I held on because 16 was still going to be a loss anyway.... hoping (which I know so well is not a trading strategy) that it will come back to its senses and stop using the reverse gear if the market becomes vibrant.... I successfully jumped out at stage 12 after realizing we are at neck breaking speed on freeway to the pit!
selah
#36 Posted : Thursday, February 24, 2011 10:20:06 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
@Wendz good for you, am still holding unto mine....am so deep to bail out now....am waiting for a miracle.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
Wendz
#37 Posted : Thursday, February 24, 2011 10:23:50 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
selah wrote:
@Wendz good for you, am still holding unto mine....am so deep to bail out now....am waiting for a miracle.


hahahahahahahahaa.... I havent laughed that hard in a while.... I was waiting for the same miracle since it was 25! The miracle happened at 12!
moneydust
#38 Posted : Thursday, February 24, 2011 10:30:15 AM
Rank: Member

Joined: 1/31/2007
Posts: 304
VituVingiSana wrote:
moneydust wrote:
bartum wrote:
Jamani wrote:
Sober wrote:
IPO price, here we are eventually. what next...


sadly so, nimechomeka

pole ndugu


IT companies are another no go area for me..since the days of African lakes Corporation

Its funny how history repeats itself..I guess then history is the best teacher
LOL... I still have the certificates! Maybe they will have value on nsoko!


HA!HA! I remember the hype that came with its IPO..we were told its the best thing to have ever happened on the NSE bla!bla!
Thats was the dotcom era...
The speed with which the company fell and was subsequently delisted has remained a puzzle to me til this day...I guess the promoters of the IPO wanted to forget the embarrasment and hide their shame...


Jamani
#39 Posted : Thursday, February 24, 2011 11:22:21 AM
Rank: Elder

Joined: 9/12/2006
Posts: 1,554
moneydust wrote:
qw25041985 wrote:
@ Jamani . i guess we are cooking together...but i'll be brave enough to add more once the price settles.Just do cover my losses


Bad idea...if a share doesn't respond according to your expectation.Its time for a rethink..
Besides its not the only fish in the pond.

Dont get too tied to a share even if it means taking a loss.This philosophy has served me well over the years...when I have choosen to ignore it due to my fear of taking losses,I have bn massively burnt into my senses...


I know but cant bail out now, i was out of the country by the time i knew it, i was (-490K) in value, now its even more... am locked in.
the deal
#40 Posted : Thursday, February 24, 2011 12:15:45 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
March 22..mark that in your dairies if the Somen dont pull a rabbit out of their pockets...the share will be massacred...
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