₦airaland Forum

Mankind2024:
The Breweries present a falling knife phenomenon.
What does it mean to ‘catch a falling knife’ in trading?

There’s a saying on the trading floor in Chicago and I’m sure it was on other trading floors: “Don’t add to a loser”. That was always considered completely taboo.

You’ll also hear it called: “Catching a falling knife” in some circles. I know people who are constantly averaging down to better prices in stocks and commodities.

Some commodities are down 44% on the year and continue to fall and some people are saying: well, ‘X’ commodity is constantly in deficit, so I’ll average down to a better price.” They’re catching a falling knife and if you can visualize that, it’s not a good thing to do.

Not many people know this, but when a stock or an asset or a commodity makes a low, it’s more likely to make another low, statistically, than for it to stop at that point and turn around.

TsarZed:
Will the Banking rally continue?

Will TransPower continue to gain?

Streetinvestor2:
We the bull gang are in the market watching and waiting for dividend in some investment.
Team bear is waiting for pullback to tell us,we told you so.
The Dollar team are not happy because they have come to the end of the road.How long they can wait when they realise they may make no further shishi from thr dollars unless it is just for safe keeping.The are cut in btw still keeping it or converting to invest in naira asset or wait till end of year when it will be clearer Then again they could lose in down ward of dollars by yr end as all finger points in that direction ...God is faithful na one moniker like that.i hope some no buy above #1600 /dollar

Thank God we dey the first category

I wan convert my small dollars for my dom account of many yrs from gt gdr to buy Transcorp power below #350 when the time comes .I no buy the dollars

Nairalander640:
Just sit down there, their auditors too are they not human being, do you think data privacy issue will not let them use the info to their advantage or even their relative or sure plug,
Info leyan fin fo

Willie2015:
-Waitin for Div from banks...
- And if the surging interest rate can compel...
- banks to step up their dividend....

Streetinvestor2:
You don see whr dey sell 3million unit of geregu here....no go fall mugu because of otedola running in geregu power

nku5:
Ademoyega in his book confirmed that the coup was supposed to take place later in the year but he found out from H.O. Davies that Sardauna, Balewa and Akintola were planning a very bloody crackdown on the Western Region and the Middle Belt. They then rushed their plans and staged it on January 15

OreMI22:
It is not as if northerners or other Nigerians did not know what the Igbos knew about those men. It's just that based on the current structure of Nigeria, NOBODY CARES ABOUT THE COUNTRY.

If we had Arewa region, a grossly incompetent fellow like Buhari would never have been allowed in governance. There are too many eminently qualified northerners like Ahmed Datti that would not steal nor allow the people's resources to be stolen or wasted.

Likewise, if we had Odua Region, a shady character like Tinubu would never have been allowed to rule it. There are too many qualified and honest Yorubas that we would not allow the worst of us to rule us.

It is because of the structure of Nigeria that the worst people are allowed to rule "Nigeria". Since nobody really feels that Nigeria's misrule has consequence on the people's wellbeing and progress. The country MUST be restructured so that each region will find its best brains to rule and prosper the people.

KarlTom:
I doubt.
Transcorp holders are 'used' to the paltry dividend...

ebubeson:
Can a Child of God who is born again still be under a curse?

A born again Christian who was cursed before may still be under a curse if he or she has not applied the blood of Jesus Christ in breaking such a curse.

Again, such person may still be under a curse if he or she has not restituted, apologized or confessed to the offended.

Example: if a born again Christian was formerly a thief in the neighbourhood, and had stolen from people to the point that they cried bitterly and issued curses on him or her, such curses may not break until the born again Christian does restitution to those he stole from before.

derecho:
Kikikiki... Self-consolation

derecho:
I underestimated your stupidity but thanks for proving me wrong

You are free to praise him to the high heavens but as per election in Edo,
Oshiomole is past tense.

thesicilian:
Lol.
Women like Diezani Allison Madueke, Cecilia Ibru, Stella Odua, Halima Shehu abi?
Abi na Aisha Yusuf?

essentialone:
Dipo of Business Post. So you don carry your wahala come to Nairaland too?

Streetinvestor2:
The thing Is now making me have double mind on ucap shares. Abi Tony don extend his cowboy move to that one.I noticed they follow for transcorp power dealings. I hope we no go see forex loss for the matter. My consolation is that it has been bouncing back once it goes below #20.

Streetinvestor2:
The institutional investors did not buy 100,000 single transaction in transcorp power today. The fuel don finish lol

On another news.Has the buy out for pz been cancelled. The price done touch #40. I thought the buy out was #20 plus

Mpeace:
Once there is an official change in price the day high/low will change. And I noticed official price changes even when there is no single 100k deal as long as there is 100k cummulative trades at the same price.

Mpeace:
Once there is an official change in price the day high/low will change. And I noticed official price changes even when there is no single 100k deal as long as there is 100k cummulative trades at the same price.

yMcy56:
Was responding positively in the market....

yMcy56:
Latest IEI result released today....
I've not open it o.....

https://doclib.ngxgroup.com/Financial_NewsDocs/40497_INTERNATIONAL_ENERGY_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

yMcy56:
Latest IEI result released today....
I've not open it o.....

https://doclib.ngxgroup.com/Financial_NewsDocs/40497_INTERNATIONAL_ENERGY_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

Mpeace:
No doubt there is accumulation going on in transcorp. Is it the effect of the transpower or is there something else?

TsarZed:
Is IEI listing?

Ogonimilitant:
Op keep lying to yourself

RichBoy247:
I will be back. I think the writer wrote from the psychiatric hospital. This is the root of the generational madness that has been affecting the writer's generation.

Will I leave my coding assignment and read this nonsense by a mentally unstable idiot? No way. Just the intro and the summary, and you will see that it is only the village Dibia that can help the writer.

Mankind2024:
I'm not a fan of IEI, never had it in my portfolio.

Streetinvestor2:
I equally bought ar #5 then.Did you say eps of about #1 .00.How about the guys that wanted to buy out shareholders. Has it been cancelled. I can't not remember the offer but it was a big loss to me when I read it plus reconstruction

Streetinvestor2:
I only bided for three days. And I am not ready to buy above #350.So today I used the fund to buy sugar at #46.10

Streetinvestor2:
What is your target price for iE.it is one of the school fees paid those years. I see in my portfolio that reconstruction reduced it like 5 times of what it was.i pray it continues like juli

Streetinvestor2:
Just because person wan buy Tpp.what will tpp give you presently beside 100% or 200%.So thr are no other stocks that can give that because I know its dividend in future will be nothing reasonable