Tritri:
FBNH i bought at 3:60 few month back.Now it at 2:99...Am Finished.just wondering if i took the wrong decision . I've started been harsh to my wife for nothing sake...my wife been asking me honey what the problem , and i dont knw what to say, Though i bought it for long term and it involves millions .

@Anyone in same position ? How do we console ourselves ?

JLINE:
newbie question on NSE...how do i get data like something close to a chart where i can see highs,lows,close and open for previous days and months ?
Thanks for the response.

JLINE:

don't close yet,it will come back to 3.10 first by friday most probably and maybe then higher by the coming weeks.


i need the above,can you help with it...it will give me a better pics at what i am doing. am only seeing just one month data over here at nse site.

Tritri:
@JLINE

http://markets.ft.com/data/

http://markets.ft.com/data/equities/tearsheet/summary?s=GUARANTY:LAG

OBAGADAFFI:


http://www.tradingeconomics.com/nigeria/stock-market

Intendy:
stocks with new 52 weeks low

FBNH #3.97k

diamond bank #1.07k

no new high

OBAGADAFFI:

That your FBNH numbers will give somepeople HBP

OBAGADAFFI:



YOU PROBABLY FORGOT YOU MADE THE COMMENT BELOW.

PETERiCHY:


Incase you don't get the drift. after 7months of wait FBNH @circa N3:30k was my only stock purchase for this year and i can ONLY average down at @circa N2:00k.

But 2moro if it decide fly good and fine likewise if by 2moro they decide to file for BANKRUPTCY which is very possible our mind is as well made up.

Thank you

*ThE OcToPuS*

Willie2015:


FBN should be below 3.00 before Dec.

maishai:
Why all of a sudden, people are insinuating the collapse of fbnh...Is there info out there, pls share, some of us are heavily entrenched in the elephant

locodemy:
I wish Dangote flour falls to #3.00.........it will be preferable to buying Fbn at #2.50.

PETERiCHY:


Keep deceiving yourself, the ones you bought @ N3:45 where did you kept it

Good i bought my first batch @circa N3:30k and I will be willing to buy my 2nd batch ONLY @ circa N2:00k.

We don't chase stock rather we set traps for it

*ThE OcToPuS*

Tritri:
FBNH i bought at 3:60 few month back.Now it at 2:99...Am Finished.just wondering if i took the wrong decision . I've started been harsh to my wife for nothing sake...my wife been asking me honey what the problem , and i dont knw what to say, Though i bought it for long term and it involves millions .

@Anyone in same position ? How do we console ourselves ?

OBAGADAFFI:


If you decide to sell tomorrow, you will be selling @ loss

If you decide to average down at @circa N2:00k. you will have to wait till it gets to N2:00k.(if FBN BANKRUPTCY has not kicked in ).

If average down at @circa N2:00k, you will need to break even before selling.

All indicators are showing me you are trapped.

*ThE OcToPuS*

JLINE:
if you bought "Guaranty trust bank" at price higher than 23.26/23.61 ...you might want to close positions now as it is still early.
price will come down to 23.61/23.26 from where it is now before heading back up again.
SHALOM

richie9093:


I want to ask a question, it might seem dumb but I believe we are all learning.

the question is: What does "averaging down" mean?

thanks in anticipation for your answer.

locodemy:

oga intendy Fbn closed at 2.97 not 3.97

ihedioramma:
you talk like godlyguy,bigass or peterichy ?

Dwizeone:
It simply means reducing the price you bought a particular stock. Take for instance you bought FBNH at #4.00 and it goes down to about #2.00, if you buy about the same unit at the new price (#2.00), the average price will go down from #4.00 to about #3.00. That's the meaning of averaging down. The upside is when the price pushes upward you will record profit on that stock faster if you average down.

JLINE:

i don't know those guys at all bro and i haven't read their comments b4 except the recent ones though...is there anything wrong if i talk like them ?