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Mumias Sugar huge demand

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YoungMulla		#871 Posted : Wednesday, January 14, 2015 10:50:31 AM
Rank: Member Joined: 3/14/2012 Posts: 577 Location: Nairobi Kenya		I would offload this stock at end week, supposedly at around 3.5. After that you're just playing Russian roulette with your wallet. Before I die - i will touch the sky!!
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Othelo		#872 Posted : Wednesday, January 14, 2015 11:45:25 AM
Rank: User Joined: 1/20/2014 Posts: 3,528		YoungMulla wrote: I would offload this stock at end week, supposedly at around 3.5. After that you're just playing Russian roulette with your wallet. Will take over 1 month to reach there............ needs another 'news' to uplift and reach there! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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MaichBlack		#873 Posted : Wednesday, January 14, 2015 12:12:37 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,833		MaichBlack wrote: streetwise wrote: Those who bought at 1.35 need to sell this is a great gain. Relax. Not yet... Those who would have sold on Monday as you had suggested, would have missed an extra 17% by today because we are at 2.75/=, and get this, NO SUPPLY!!! You should not sell when demand far outstrips supply. It would be extremely stupid to sell when there is high demand and ZERO supply. Simple primary school Business Education (or Studies as their call it nowadays). The law of demand and supply. If you want to cash in, watch the demand and supply volumes. When supply starts checking in, almost balancing off with demand, if you are a short termer/speculator, you can cash in then! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#874 Posted : Wednesday, January 14, 2015 12:19:05 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,833		Othelo wrote: YoungMulla wrote: I would offload this stock at end week, supposedly at around 3.5. After that you're just playing Russian roulette with your wallet. Will take over 1 month to reach there............ needs another 'news' to uplift and reach there! 3 more days of 10% (if it happens) and we are there... Today = 2.75 Tomorrow (Day 1) = 3.025 Friday (Day 2) = 3.3275 Monday (Day 3) = 3.66 Please Note: I am not saying we will get there that first. I expect some cooling off by Friday. Probably a flat Monday then from there it can go any direction. But at the current momentum (which I don't expect to last long) we can mathematically get there by Monday. Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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hisah		#875 Posted : Wednesday, January 14, 2015 12:25:10 PM
Rank: Chief Joined: 8/4/2010 Posts: 8,977		Not liking this daily MSC price gap ups as a passenger in this boat - motion sickness. Those pocket airs don't offer solid support when correction checks in. Gaps get filled eventually whether up or down. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mlennyma		#876 Posted : Wednesday, January 14, 2015 12:34:26 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		This is a good example of how you can get rich in january and relax the whole year "Don't let the fear of losing be greater than the excitement of winning."
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streetwise		#877 Posted : Wednesday, January 14, 2015 12:36:45 PM
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi		The only thing is the risk level you will have taken..but I guess that how to do it
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Impunity		#878 Posted : Wednesday, January 14, 2015 1:59:10 PM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		streetwise wrote: The only thing is the risk level you will have taken..but I guess that how to do it But with Zero supply since morning I dont who would have been millionaire here! This thing will just head south again. I wish those who boarded at sub 2 could sell their shares in bits just to tickle the market. Its so boring and painful just watching my screen waiting for a deal...in vain! Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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MaichBlack		#879 Posted : Wednesday, January 14, 2015 2:09:09 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,833		Demand at 2.75/= (i.e. 10% of yesterdays price) = 2,739,500 shares. Supply (at ANY price) = 0 (Zero zip zilch nada!!!) Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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MaichBlack		#880 Posted : Wednesday, January 14, 2015 2:12:27 PM
Rank: Elder Joined: 7/22/2009 Posts: 7,833		Impunity wrote: streetwise wrote: The only thing is the risk level you will have taken..but I guess that how to do it But with Zero supply since morning I dont who would have been millionaire here! This thing will just head south again. I wish those who boarded at sub 2 could sell their shares in bits just to tickle the market. Its so boring and painful just watching my screen waiting for a deal...in vain! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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