anyanwu58: Greetings everyone, this is my first time of posting in this forum.
I bought 20,000 units of NB in may this yesr at a price of 175 and now the price has dropped to 150, pls i want to know is it time to offload or do i still hold on?
Ur advice will be appreciated.

HOLD, but with an outlook of 2-3 years

shigidi:

HOLD, but with an outlook of 2-3 years

Why? Could you throw more light, thanks.

anyanwu58: Greetings everyone, this is my first time of posting in this forum.
I bought 20,000 units of NB in may this yesr at a price of 175 and now the price has dropped to 150, pls i want to know is it time to offload or do i still hold on?
Ur advice will be appreciated.

It all depends on your strategy- I mean why did you buy it the first place. Did you buy because of suggestion from your broker or what? Did you buy it because of dividend? Or did you buy it to trade or to invest? Answers to all these questions will determine whether you should sell or not. As the other guy satirically suggested, no how no how you will get your money back within the next three years. It could be early, but definitely you will get it back if you can wait. Next time please take a deep breath and ask yourself the reason why you want to take a position and know when to exit either profit or negative. This should be known before taking the position. Trading for living involves a great amount of discipline.

My over all advice is that if you don't need the money now leave it. You have learnt your lesson. If you need the money cut your losses and run. Runner is not always a loser as he can fight another war.

academy made 40% last week, please can anybody proffer answers to the reason why?

miftpulse: academy made 40% last week, please can anybody proffer answers to the reason why?

questioning trend or you're in the market to improve portfolio

mindtricks: Why? Could you throw more light, thanks.

NB is quite expensive at the price you bought it. That is not to say it may not even surpass that price in the coming months. But to be safe, i gave that time frame.

Was Transcorp right Issue successful ??

definitely, i am in the market to improve portfolio, but using every available forum to get insight into the best possible route to follow.If you check my other post i think you are not going to find inquistiveness out of place, it is your post on how bank shares sucks that held me back from investing there, despite various analysis giving zenith and diamond hype.I deeply respect what you guys are doing here

stockbull:
questioning trend or you're in the market to improve portfolio

LEARN THIS.
***you dont invest in every stock that goes up in price especially when you can not differentiate between manipulation and real trend.you may go into it and have a successful exit but you may fail in it more that you succeed in it under the same condition.

***you dont buy stock when the market is in strong down trend.
***when your stock is rising while the market is in down trend having the most active sectors and stocks falling, run out of the stock. You will be suprised that the stock would soon join them.
***when a stock is creating heavy gap, you should be very careful and it's mostly meant for traders.
These are secrets that are difficult to expose but will always do that once in a while

Nigeria Stock Exchange:

1. Stocks extend 4-day losing streak by -0.16% amid waning sell pressure

2. Livestock Snaps 4-day losing streak, 52wks gain hits +405.10%

3. Sterling Bank Shops for N12.5bn from Shareholders

4. DANGCEM commences construction of concrete roads in 14 Communities in Ogun State

5. NAICOM cautions public on assets of Springlife

6. FG to pay N11bn insurance premium for workers

source: www.proshareng.com

stockbull:



LEARN THIS.
***you dont invest in every stock that goes up in price especially when you can not differentiate between manipulation and real trend.you may go into it and have a successful exit but you may fail in it more that you succeed in it under the same condition.

***you dont buy stock when the market is in strong down trend.
***when your stock is rising while the market is in down trend having the most active sectors and stocks falling, run out of the stock. You will be suprised that the stock would soon join them.
***when a stock is creating heavy gap, you should be very careful and it's mostly meant for traders.
These are secrets that are difficult to expose but will always do that once in a while

Thanks alot

thank u stockbull but u have stopped your weekly stock recommendation.

valacious: goodtime for dangsugar, livestock, okomu, japaul and oando. I see a reversal on the nse floor today.

oga valacious how far?

you just disappear go one corner go enjoy ur first bank loot abi..

The market will make a rebound today as sell pressure waned down yesterday...

stockbull:



LEARN THIS.
***you dont invest in every stock that goes up in price especially when you can not differentiate between manipulation and real trend.you may go into it and have a successful exit but you may fail in it more that you succeed in it under the same condition.

***you dont buy stock when the market is in strong down trend.
***when your stock is rising while the market is in down trend having the most active sectors and stocks falling, run out of the stock. You will be suprised that the stock would soon join them.
***when a stock is creating heavy gap, you should be very careful and it's mostly meant for traders.
These are secrets that are difficult to expose but will always do that once in a while

deep counsel only the living can understand.
Funny enough many will not heed becos of human nature.
I see some stocks creating new price heights.

The market is stiff, needs good strategies to come on top.

Born 2be Rich:


oga valacious how far?

you just disappear go one corner go enjoy ur first bank loot abi..

The market will make a rebound today as sell pressure waned down yesterday...

Dont be too sure! On a personal note i feel the market hasnt fallen down enough..Diamond bank in particular did not get to my bid price of N6.

anyway no shaking..

Born 2be Rich: Nigeria Stock Exchange:

1. Stocks extend 4-day losing streak by -0.16% amid waning sell pressure

2. Livestock Snaps 4-day losing streak, 52wks gain hits +405.10%

3. Sterling Bank Shops for N12.5bn from Shareholders

4. DANGCEM commences construction of concrete roads in 14 Communities in Ogun State

5. NAICOM cautions public on assets of Springlife

6. FG to pay N11bn insurance premium for workers

source: www.proshareng.com

I hope NEM gets the Lion share of this loot.....

9free:
I hope NEM gets the Lion share of this loot.....

seconded [quote author=9free]

Those that will get the shares already know themselves. It is a payment for past services. Does NEM runs a pension services as administrator/ custodian ?


Happy investing

I just ordered for access, fidelity and zenith bank now! Is this a right decision my Ogas?

brio: I just ordered for access, fidelity and zenith bank now! Is this a right decision my Ogas?

Conservatively yes.

stockbull:



LEARN THIS.
***you dont invest in every stock that goes up in price especially when you can not differentiate between manipulation and real trend.you may go into it and have a successful exit but you may fail in it more that you succeed in it under the same condition.

***you dont buy stock when the market is in strong down trend.
***when your stock is rising while the market is in down trend having the most active sectors and stocks falling, run out of the stock. You will be suprised that the stock would soon join them.
***when a stock is creating heavy gap, you should be very careful and it's mostly meant for traders.
These are secrets that are difficult to expose but will always do that once in a while

i ignore this wise counsel loose small amount of money in gtb stock from from N30 to N27 b4 i ran away.

brio: I just ordered for access, fidelity and zenith bank now! Is this a right decision my Ogas?

you have my support except for fidelity bank that is found of dancing arround N3

Omexonomy: i ignore this wise counsel loose small amount of money in gtb stock from from N30 to N27 b4 i ran away.

You just took unnecessary lose on the best performing banking stock.

Happy investing

Omexonomy: you have my support except for fidelity bank that is found of dancing around N3

fidelity bank is a NO NO, them and first bank are partners in the macabre dance of death.

otokx:

fidelity bank is a NO NO, them and first bank are partners in the macabre dance of death.

now, you people try to understand the dancing phenomenon

brio: I just ordered for access, fidelity and zenith bank now! Is this a right decision my Ogas?

you're convinced that you've made your decision. Happy entry

Ogas in d house..I'm planning to order for fidson,diamond n okomu..any advice 4 me

Plz Stockbull and my ogas in the house, will it be a good one to enter Evans Medical @ N2+ coz its already going south? Godd bless you all!

datovid :
Ogas in d house..I'm planning to order for fidson,diamond n okomu..any advice 4 me

If you must invest in agric sector why dont you consider Presco instead of OKOMU for now. I still hold the reservation of that good stock OKOMU as it seems expensive going by recent 1 for 1 bonus. Diamond is good. I dont know about Fidson do your home work.

Happy Investing

gosj: Plz Stockbull and my ogas in the house, will it be a good one to enter Evans Medical @ N2+ coz its already going south? Godd bless you all!

do not enter this stock yet as no one can predict the right entry point now and i can say that the stock would move on progressive sideways when going up unless speculation drives the market. The stock will be good for medium term when the downtrend finally ends.

stockbull:

do not enter this stock yet as no one can predict the right entry point now and i can say that the stock would move on progressive sideways when going up unless speculation drives the market. The stock will be good for medium term when the downtrend finally ends.

Thanks a million Sir! I just read somewhere in Easykobo.com that their 2012 FYE report just released was a bad one as there was no corporate action.

K