Stock Market Tips For Nigerians

Actually, over a 2-month period (as stated by the guy with the N5M), prices do go up and down by chance. Stock markets are for long-term investments. Short-term gains are not repeatable or guaranteed.

Those who say it cannot be done are usually interrupted by those who are doing it.
As volatile as the markets appear they obey the law of demand and supply very strictly.
The fundamentalist worries about whether it's cheap by always scutinizing PEs and other variables.
The Technicalist focuses on PRICE which is a product of BOTH PE and EPS but he is more concerned with the demand and supply curve.
The fundamentalist is very intellectual but the Technicalist is practical. 
I don't see any place for chance in this market. Some things are actually very predictable.
Every man his own.
Bioye, I think you should be talking to FO2.

We dont need to flog the issue of fundametalist or technicalist over and over again. Like you rightly said, every man his own. YOU NEED TO KNOW YOUR RISK APPETITE. In as much as there are some preditability to TA, you still have to take some issues beyond your control into consideration. For instance your broker, how fast can he execute your order at your entry and exit price?

 That's called INERTIA. Another nice one.

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If the market is so coded, how come no one was smart enough to predict the current bear run. Look at my post history and you'll see I mentioned it about a month ago but even then it was just a guess. I'd guessed before and was wrong. Lot's of people on this forum and elsewhere have been dead wrong on CICO predictions - how may banking results have failed to move the prices as anticipated? We then adjust our investment horizons so how is that any different from fundamental analysis which preaches long-term investments.

My point is yes forces move the market but none of us can see the forces coming. Did you know FGN was pulling funds from the banks at the same time margin trading was being scrutinized? Do you know exactly when the funds are coming back? No one can predict the exact direction of the market over a one month period. Bioye, go and get a long-term loan. Anyway, na ya money sha!

FO2, Please expatiate!

Anyone knows any stockbroker in nigeria that Short sell shares  (that is lend shares for a short position) ?

Not clear. You mean that "lends" you shares for short trading?

Nothing dirves prices on the NSE as much as rumors,quite unusually

FICKLENESS===Nice word.



  Na wa how you want make i expand again. Ok let me go technical just for this occassion.
This is the way i look at a price behaviour from a technical point of view as it coincides with a TIMELINE
GTB is making minute (very small) changes so it can drop into oversold region.
A price which changes from N33.95 to N33.90 will still have its RSI drop by between 3-4 indexes.But the change was only N0.05,
Also a price that changes from N33.50 to N35.17 will also still have its RSI rise by 4 indexes.And change was N1.67
Now the timeline in this case is the expected release of GTB results. With this minute changes, the price is still able to hover about a support level while still being able to fall into oversold providing enough headroom for reasoneable price appreciation when the time is right.
If it doesn't happen this way and you have the price too high,by the time a good result is released,you will proshare say" Investors were not impressed hence price went down". It is not that investors were not impressed, its just that " there was no headroom for chopping" so leave the stock to fall to provide more headroom later.This is one thing that worried DSR and RT Briscoe despite both bonuses and fair values.One went up, the other went down. Except there is a general paucity of funds,this concept holds true for me always.

the date that will be used to qualify for rights is left to the discretion of the company (and probably issuing house). the prospectus is not out and we won't know the date until we see it, except someone has an insider that has seen it,

going by previous public offers, some companies use dates before the stock was placed on TS, some use the date it was placed on TS and some a date while it is on TS, 

Is there a specific law against this or the market is just not developed enough to handle this kinds of transactions.

BOTH! The NSE/SEC forbid it because we can't yet handle it. There are plans to intoduce options in the "near" future.

I feel your pain. Unfortunately, there is nothing you can do for now. CAPOIL is on full suspension so you can't even trade.

Be patient and see what comes out of the investigation.

Fof2,easi,pumping

Do you know the payment date for Oando bonus.Why are they keeping the date under wraps?
I'm taking serious aim @ them and UBA,but I need to know the Oando payment date so I can plot my move in