RabbiDoracle:
Hold cash. Prices will still get cheaper.

Buy 1 and pack all the remainder for free.

robobo:
my oga with d strong thing wey russia do for Friday. Na to thy tent o isreal.

RabbiDoracle:


Most companies are still closed in China. Some will resume production next week tentatively. They are not sure sef. So is China having reduced usage of energy? YES.

So this has not changed.

And that is why there is going to be an emergency meeting of OPEC+.

In the meeting, the problem is Russia. All the members have been cutting production since 2016 but non-members don't. While they cut and hope price rise, non members supply. At a point those cutting will stop cutting and decide to sell in the open market and what happened between 2015 - 2016 will repeat. Most of them are complaining of cheats amongst their members who don't cut as agreed.

With declining revenue, let's hope Russia agrees to cut.

robobo:
my oga with d strong thing wey russia do for Friday. Na to thy tent o isreal.

RabbiDoracle:


What we don't know is how long this oil price slash will last. Remember Russia hardly backs down in any challenge.

If it stays through summer, it will knock lots of economies into recession.

Just wait and buy at ridiculously low prices.

robobo:
my oga while doing d waiting it is beta to flee to safe haven (greenback) with the little cash i have been able to scurry out of d market

robobo:
my oga while doing d waiting it is beta to flee to safe haven (greenback) with the little cash i have been able to scurry out of d market

RabbiDoracle:


If you can.

And this was the same event in 2016 that sent

Zenith to 9+
UBA to 3
Access to 3.7
GTB to 13+
FBN to 3
Fidelity to 80kobo
FCMB to 68kobo

Market can be very wicked

If you are averaging down, where will you average down to if such prices come up again.

RabbiDoracle:


If you can.

And this was the same event in 2016 that sent

Zenith to 9+
UBA to 3
Access to 3.7
GTB to 13+
FBN to 3
Fidelity to 80kobo
FCMB to 68kobo

Market can be very wicked

If you are averaging down, where will you average down to if such prices come up again.

dipoolowoo:
Traders Transact 110.8m Shares on NASD Exchange Friday
https://businesspost.ng/economy/traders-transact-110-8m-shares-on-nasd-exchange-friday/

Red Star Express' N1.4bn Rights Issue Records 100% Subscription
https://businesspost.ng/economy/red-star-express-n1-4bn-rights-issue-records-100-subscription/

NSE to Launch Nigeria2Equal Initiative for Gender Parity
https://businesspost.ng/general/nse-to-launch-nigeria2equal-initiative-for-gender-parity/

Crude Oil Crashes Friday by 9% on OPEC Furore
https://businesspost.ng/economy/crude-oil-crashes-friday-by-9-on-opec-furore/

Naira Gains 0.09% on 53% Ease in Forex Demand at I&E Window
https://businesspost.ng/economy/naira-gains-0-09-on-53-ease-in-forex-demand-at-ie-window/

RabbiDoracle:


If you can.

And this was the same event in 2016 that sent

Zenith to 9+
UBA to 3
Access to 3.7
GTB to 13+
FBN to 3
Fidelity to 80kobo
FCMB to 68kobo

Market can be very wicked



If you are averaging down, where will you average down to if such prices come up again.

Valueinvestor:


Are you really serious that you are waiting for prices to get to this level before you deploy your cash,Hmmmm

seyisanya:
This my super oga is a wicked somebody

RabbiDoracle:


Do you really think Brent can't hit 20 in this March? Saudi started that thing they did between 2015 - 2016 today. So expect the unexpected. Try and stay awake till midnight and see what Brent will do. It could be a massive gap down.

If it comes, I will be greedy when others are fearful.

Then we should be on the look out for a reccession

RabbiDoracle:


If you can.

And this was the same event in 2016 that sent

Zenith to 9+
UBA to 3
Access to 3.7
GTB to 13+
FBN to 3
Fidelity to 80kobo
FCMB to 68kobo

Market can be very wicked

If you are averaging down, where will you average down to if such prices come up again.

Valueinvestor:


So this na best case scenario.You no try at all o

RabbiDoracle:
Hold cash. Prices will still get cheaper.

Buy 1 and pack all the remainder for free.

PETERiCHY:


2020 is the YEAR of MELTDOWN.

Follow the NEW YEAR EUPHORIA and EXIT with your PORTFOLIO don't be CAUGHT in the CROSSFIRE.

Those that has EARS let them hear what the FUTURE holds....

*ThE OcToPuS*

PETERiCHY:


2020 is our year of tripple portion

By the time Brent get to sub $20 per barrel the real prices of stock in NSE will start reflecting for now everything is still overbloated

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

akindelesi:
I placed some trades on Friday through Morgan Capital and they were definitely executed - some were at Mkt prices. I'm checking my account now and they are not reflecting.
I've sent them an email but curious if any other person has the same issue.
Thank you.