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Mumias Sugar huge demand
MaichBlack
#881 Posted : Wednesday, January 14, 2015 2:15:56 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Buyers, don't worry. Tomorrow 3.00/= will print. I'm sure a number of people will be persuaded to sell. Place your buy orders at 3.05/= now. They might be fulfilled in the morning. In the afternoon, back to zero supply!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mwenza
#882 Posted : Wednesday, January 14, 2015 2:21:16 PM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
MaichBlack wrote:
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!


With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
MaichBlack
#883 Posted : Wednesday, January 14, 2015 2:30:35 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
Quote:
ecstacy, Guest (26), MaichBlack

Hawa ni akina nani???
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
MaichBlack
#884 Posted : Wednesday, January 14, 2015 2:35:57 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
mwenza wrote:
MaichBlack wrote:
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!


With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game.

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Very true @mwenza.

What is needed here is balls of steel and you should NOT have invested grocery money.

I meet both qualifications. I know there can be a brutal reversal but you will not see me crying.

With that in mind, everyone who bought at 1.40/= when I called it as the bottom*, consider getting out tomorrow. You will have made your 100% net of commissions and taxes in two months. Not bad!!!


*
Link 1: See post#113 and #119

Link 2. See Post #126
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
mwenza
#885 Posted : Wednesday, January 14, 2015 2:36:42 PM
Rank: Elder

Joined: 4/22/2009
Posts: 2,863
MaichBlack wrote:
Quote:
ecstacy, Guest (26), MaichBlack

Hawa ni akina nani???


Those are guys whose value has been trapped by Mumias for a very long time.
IF YOU EXPECT ME TO POST ANYTHING POSITIVE ABOUT ASENO, YOU MAY AS WELL SIT ON A PIN
MaichBlack
#886 Posted : Wednesday, January 14, 2015 2:47:57 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836
If I sell tomorrow (I haven't said I will) I will have made 100% net of taxes in two months!!!

Link: Post #113

smile smile smile smile smile

Nitasema nikiuza.

And fellows keep arguing with me here when I tell them about 20% - 30% returns in a whole year!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
TheGeek
#887 Posted : Wednesday, January 14, 2015 2:56:43 PM
Rank: Member

Joined: 7/3/2014
Posts: 245
mwenza wrote:
MaichBlack wrote:
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!


With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game.



Pray Pray Laughing out loudly Laughing out loudly
In the world of securities, courage and patience become the supreme virtues after adequate knowledge and a tested judgment are at hand.
MaichBlack
#888 Posted : Wednesday, January 14, 2015 3:02:48 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,836


Otherwise mtu auze!!!

Hii sio ya watu wa....

Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Aguytrying
#889 Posted : Wednesday, January 14, 2015 3:29:44 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
@maich. I see ur really enjoying this one. I can't believe the chance of a bailout can cause such a rally. it means this share was really hammered by the market before.
The investor's chief problem - and even his worst enemy - is likely to be himself
lochaz-index
#890 Posted : Wednesday, January 14, 2015 3:58:51 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
MaichBlack wrote:
mwenza wrote:
MaichBlack wrote:
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!


With these speculative counters, sometime the reversal is so brutal that there is simply no opportunity to alight. I.e you may wake up one morning expecting the usual 10% rise then you are met with 5,000,000 supply with ( zero,nil, zilch, nada) demand. Caution is the name of the game.

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

Very true @mwenza.

What is needed here is balls of steel and you should NOT have invested grocery money.

I meet both qualifications. I know there can be a brutal reversal but you will not see me crying.

With that in mind, everyone who bought at 1.40/= when I called it as the bottom*, consider getting out tomorrow. You will have made your 100% net of commissions and taxes in two months. Not bad!!!


*
Link 1: See post#113 and #119

Link 2. See Post #126


@maich, hii counter iko na wenyewe. Don't try this if you can't measure up on the two criterias.
The main purpose of the stock market is to make fools of as many people as possible.
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