guru267 wrote:Supply at below 20 imeanza kuisha completely....
only on assumption that factors affecting supply are wholly based on understanding market paradigm..but in this NSE of ours (
sic)..bulk of shareholders know nothing of market play and a vast majority selling today aren't interested in price trend but just need the cash for something totally non market related..
case in point...some collegue cashing in 23,000 shares today to pay college fees.. did NOT even stop to ask prospects here.. one in many thousands of cases contributing to market supply of any counter.
Your premise is likely to hold in counters with a leaner defined shareholder profile.. bulk counters such as KCB, Equity, Coop, Safcom, mumias..have their "supply really affected more by non investment factors rather than investment strategy
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- 1769 Oxford King James Bible 'Authorized Version