Wazua has great impact on not only on NSE even on the political scene.

Look at the referendum, the opinion polls on Wazua were almost exactly the actual vote.

I was at the Mhasibu housing company meeting on 25 sept 2010 at stima club and everyone I talked to knew about Wazua.It was a very high profile meeting where even the housing permanent secretary , Kenya Bankers sacco top management, officials from Coop bank top official were present.They all knew about Wazua.

Wazua can even give direction on who will be the next president of this country.

Stock master I guess wazua does have an impact on the NSE!
Case study Eaagads share.
25 october- tatu city launch gone public. Hits media with a frenzy news, television prominent politicians. Eaagads share price= 48 shillings volume 200 share traded.
For perspective previous trades were october 22: 50 shillings volume 200.
26 october: Story hits wazua http://www.wazua.co.ke/f...aspx?g=posts&t=9301 Story starts a positive feedback cycle eventually leading to a frenzy. Discussion starts by doubt, pity of the coffee sector and eventually pertinent questions asked who sold land and how much?? Prover_b and waithaka ask.
Eaagads trades 26 oct: 48 shillings volume 200
27 oct: 46 shillings volume 700
28 october: finally reponse from kiriita claiming it is eaagads who sold the land.
Trades 28 october: 49.75 volume 2900
29 october: 53.50 volumes 9000
Speculators start boarding the band wagon.
1 november: 57.00 volume 7200
Clearly word is now getting out and everyone wants a piece of the pie. The initial thread dies a natural death as the speculators want to avoid spooking others before they have their piece.
2 november: 59.50 volume 33,000
3 november 65.00 volume 87900
November 4:
Business daily catch on to the trend and report it very late of course. http://www.businessdaily...52/1046378/-/jcr2rwz/-/
4 november: 71.50 volume 56,100
5 november. The truth is out. After market closure the owners see things are getting out of hand and they need to reign in the market. The truth douse water speculative fire.
5 november: 78.50 volume 4,300
8 november: The market opens, truth is out and every one wants out. We know what happens.
8 november: 71.00 volume 40,500

Lets see what happens....

@tony Stark; Eaagads is not a good example. All the info that drive the counter up was in the public domain.... the press...

cannot work with safaricom..too much liquidity

traded 6.2million yesterday..to influence price you need capacity to mop up supply..6.2 million at 4.70 comes to ksh 29.1million..

i doubt collectively all wazuans would pool all their monies to raise such an amount..or close to to mop up today's supply, just to prove a point..

suggest a less liquid counter. Probably Mid tier bank..

@muhika the info waz in the pubkic domain canot be dispute. My alternative hypothesis is wazua hyped up the information driving up share volumes and price. This rally waz definately driven by retail speculators. The volumes, demand and supply of the shares, and the timeline fit in well with wazua as the source of info or misinformation.
@ alikujia i tried to look at the usual public source nation, bd, etc and the first reference to eaagads waz on wazua.