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eveready@1.65!
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wangugi
#31 Posted : Wednesday, December 01, 2010 6:46:10 AM
Rank: New-farer

Joined: 10/5/2010
Posts: 23
is there a chance that someone connected to the nse can buy at 1.65 and sell at the closing price of 2.50 simulteneously? [/quote]

@ sparky
this is absolutely not possible all trades cleat T+4 so the guy who bought @ 1.65 can only sell his shares on Tuesday nxt week
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jerry
#32 Posted : Wednesday, December 01, 2010 7:05:59 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
wangugi wrote:
is there a chance that someone connected to the nse can buy at 1.65 and sell at the closing price of 2.50 simulteneously?


@ sparky
this is absolutely not possible all trades cleat T+4 so the guy who bought @ 1.65 can only sell his shares on Tuesday nxt week[/quote]
@sparkly. Some1 must have tried to bring the price down amid the confusion of the warning so as to buy more shares (cheaply) today. So the manipulator is the one selling, may be just 100 shares only.
The opposite of courage is not cowardice, it's conformity.
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VituVingiSana
#33 Posted : Wednesday, December 01, 2010 8:53:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,354
Location: Nairobi
sparkly wrote:
Neveready changed their core business from manufacturing batteries at Nakuru to issuing profit warnings
Deadly!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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lovely2010
#34 Posted : Wednesday, December 01, 2010 6:47:42 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
sparkly wrote:
@lovely nice story lol. My suggested ending ... Neveready changed their core business from manufacturing batteries at Nakuru to issuing profit warnings, declaring losses and whinning about cheap cells from china. Lovely was not amused. She sold her shares for 300 bob, went to java and took a cup of mocha.


I kind of like your ending, maybe if we get together and write stories tuombe kanafasi kwa sunday nation...what do u think?
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kadonye
#35 Posted : Wednesday, December 01, 2010 7:48:54 PM
Rank: Elder

Joined: 5/30/2009
Posts: 1,390
@sparkly, Laughing out loudly! @Jerry, you would be willing to buy a stock with uncertain future just coz the price is low?
What a wicked man I am!The things I want to do,I don't do.The things I don't want to do I find myself doing
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youcan'tstopusnow
#36 Posted : Wednesday, December 01, 2010 8:11:13 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The guy(s) who bought at 1.65 are already 60% up.
GOD BLESS YOUR LIFE
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jerry
#37 Posted : Wednesday, December 01, 2010 9:41:03 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
kadonye wrote:
@sparkly, Laughing out loudly! @Jerry, you would be willing to buy a stock with uncertain future just coz the price is low?

@kadonye. Yes I would. In life you've to take a risk at some pt. However, I wouldn't keep the share for long. I sold my IPO shares at KES14.60. Is that almost 50%gain?
The opposite of courage is not cowardice, it's conformity.
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K22
#38 Posted : Friday, December 03, 2010 10:07:43 AM
Rank: Member

Joined: 9/12/2008
Posts: 436
Location: illobi
youcan'tstopusnow wrote:
The guy(s) who bought at 1.65 are already 60% up.


And today its 82% up.... This surely is a case of being greedy when others are fearful.....

A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
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Sober
#39 Posted : Friday, December 03, 2010 10:32:28 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
jerry wrote:
wangugi wrote:
is there a chance that someone connected to the nse can buy at 1.65 and sell at the closing price of 2.50 simulteneously?


@ sparky
this is absolutely not possible all trades cleat T+4 so the guy who bought @ 1.65 can only sell his shares on Tuesday nxt week

@sparkly. Some1 must have tried to bring the price down amid the confusion of the warning so as to buy more shares (cheaply) today. So the manipulator is the one selling, may be just 100 shares only.[/quote]




This is possible. He i have 1 million in my CDSC and the price of paka drops to 1.65 And i place am order to sweep all available shares. Pay i capture 600 000.
After a rise in price to 2.50 i sell the shares that i was holding for the same counter. This means that i made a profit without waiting for the clearance days and i still have my million in bash waiting for the next opportunity.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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the deal
#40 Posted : Tuesday, December 07, 2010 1:49:54 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
LarryMadowo Larry Madowo
Eveready issued profit warning last week, said its books were not complete. Its results out today and untaxed profits down 65% to Sh14.7m
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