₦airaland Forum

Mcy56:
Diamonds bids might start reducing from tomorrow... today's volume is not up to yesterdays'. Just my opinion pls.

When you have 700m units at the maximum of the day. Where the reduction come from? It's only bad news that will cause panic here, else the stock still has a long way to go......

Agbalowomeri:
The kain back to back red months wey I dey see is only second to 2008/9 crash

I want to believe that what happened in 2015 was worse than 08/09 crash oooo. I could be wrong. The only difference is that 2015 was short and recovered faster than 08/09.

Agbalowomeri:
Oh you still get load to pack Lol

I successfully entered around November ending. Cool entry but.......

tritritri:
This Biz must have done you strong tin. haabaa. ...u be Hussein B investor.

I stopped being an investor long term ago. Am now a trader Sir.

tritritri:
So fast? u never even stay 1mth ?

Yes ooo. I jaa at the slightest provocation. I made some sells today. CP knows where I have been.

I have been scared that both BBM and Agba are hopeful that index will touch 28k, then Brent started it's skelewu dance. I don't believe in coincidence.

currentprice:
with the recent agreement with diamond. currentprice dont like access bank anymore. better to stay far away from this bank till things settle. recent spike in price is an opportunity to bail out.

Let me play the devil's advocate here.

What if sellers depress the share price of Access Bank and Wigwe decides to back away from Diamond Bank deal? Is the deal binding or open to refusal?

Brent at $56.

Are we going to test $50 and below? Make I begin pack my load.

DeRuggedProf:
I will borrow you three kidnappers, don't worry.
Sometimes you need the tactics of Adolf Hitler to survive...

Bros, those kidnappers might turn around and kidnap me instead. LOL.

My GUTS have saved me so far but I need to incorporate this TA. If only Agba will also introduce me to his JAZZMAN, 2019 will then be complete.

fxuser:
umm

Understanding Candlesticks and patterns i think is just a necessary TA , FA or GUT approach pipu

Recommend:
Steve Nison: (he covered everything)
https://www.scribd.com/doc/122132782/01-Japanese-Candlestick-Charting-Techniques-Second-Edition-Steve-Nison-pdf

Then u can read TA:

1) Schabacker (d daddy of TA)
2) Edwards and Magee (d disciples )

Thanks FX.

fxuser:
- there are bullish cross deals and bearish ones . . we de observe una for learning purposes
- once price can reject its low of the day and even close above it opening , dats d signal u want to see

#hammer

Am learning this TA next year. Lovely how you summed it up.

Any books to recommend?

fxuser:
Wapco

- all dat vol and it cant break above prev day close pere , maybe by cob


#knowUrpriceAction

But considering they are majorly cross deals, how do you factor that in? Also, rights is ongoing for 12.00....

NB: Am watching this one like a hawk!

Mcy56:
Mendes, I checked that Morgan display now and saw 109 bids with 615,97M total bids. Pls check too. Seems they made amendment to it already.

Sort by price and check the number of orders by price. Not the total orders for all price range.

Jejebabaa:
At what price is their right issue please?

12 Baba...

fxuser:
https://trwstockbrokers./2018/12/18/stock-watch-lafarge-wapco/

Thanks FX.

Maybe the outcome of this rights issue might disclose the plans Lafarge has for WAPCO. They might be the one to buy up the rights at the end of the day. N8.00 is a comfort zone for me shaa. Las Las, WAPCO will run into a bigger ditch and Dangote will buy us out. LOL.

BullBearMkt:
...to be honest, I don't know how low it can get, but the data shows lowest-low in 2014 is presently at 10.87. Will the highlighted area be strong for price to reverse? Need to see a rejection at this area

Thanks BBM.

Mcy56:
Is that your hand at 11.95?

Not at all madam but am very much interested in WAPCO but once it goes below #11.45, there's no reference again as regards support. But the last time they dropped this low, it rebounded at almost x10 its price within a couple of years.

BullBearMkt:
uuuhhmmmm! It's good if the bids/offers shows the totality of brokerage firms activities. Need to find out this

It does BBM but I have noticed a snag on Morgan's platform. It seems to shows a maximum of 100 orders for each specific price. So in reality, there may be far more orders for DBM shares order than what you can currently see on Morgan.

Another brokerage account shows a total bid of over 700m units.

How low can WAPCO get to? N8.00?

Cc: FXUser, BBM, CP....

(I wouldn't ask Agba, that one will tell me to wait at N3.00 junction).

DeRuggedProf:
I personally can confirm you handle information well, someone here had to appeal to you at a point to keep people's names and numbers private. This is because you TRULY have the timely and priceless information.....
On the other hand, when question paper leak from a typist's typewriter, investigators are paid for SOFT WORK.....
You also generate one page for a YES or NO answer.....
You are also smart!
This is not supposed to be a comparative analysis of monikers abeg, I cant run from stones.....

This your stone toorr.

Wanaj0 style of "stone".

Mcy56:
What he/she claimed he said was just in-between self, if the whole thing had gone south, he would have completed the statement with ......'hammer'

A dead clock is always right, twice daily.

DeRuggedProf:
Mendes, come to my aid...
Why is no one believing me?
This is hate speech!
OK, prove I did not buy.

Even Satan didn't succeed in tempting Jesus to turn stone into bread, how then could your village people get you to buy DBN at #1.10..... E no possible Prof.

Mcy56:
Don't mind Mpeace, guess he just wanted to call me out.

I have this feeling that you got back in for wave 5..... Kpele ooooo

DeRuggedProf:
If na Access acquire ANY BANK (LOL... ) the conversion ratio go get 'raised to power' ..
1 unit of Access for like 3^10 units of DATBANK....
Access no dey give joy. Ask Intercontinental questions and you will know Wigwe does not smile during deals.

Stop bashing "our" stock joorrr. Someone told us few days back that Diamond is presently the best banking stock k, the best thing to happen after sliced bread. Conversion ratio might even be 1 : 1. Do you know all the hidden treasures in DBN?

Mpeace:
Insider info.

No oooo. No insider info. Just harzard guessing.

Jejebabaa:
I hope it's not about Diemond bank sha.

100 for 1 re-adjustment waiting....

Mcy56:
It's possible. Think they are still trying to accumulate their desired quantities they might start moving the price up thereafter.

I don't think they were accumulating though. A deep pocket come have bought all those their offers.

Mcy56:
FCMB: 101M traded already. 5.7M bid against 2.6M offer. So where are those big big offers?
Not a buy recommendation pls, just observation....... e fit still close lower self.

All those big offers from 1.60 all the way down to 1.69 were all from a single entity. That's part of control. NSE and their waka self. There was a cross deal of 100m units at market open. I believe this same entity that crossed this 100m units was responsible for those serial offers.

Mcy56:
Uhhmmm, this compatibility you are sharing ehnnn
Cant really see anything I have in common with Mendes anyway, me like jijo he doesnt ...... but I can admit he's one of the guys I respect much here. Make I stop there.

Have you ever jumped in and out of a specific stock in a day? You no like jijo pass me but I have long come to realise that the headache associated with it is not worth it. And it doesn't pay after much more.

tritritri:
afriprude 3.45 , @Mcy56 keep enuf cash make we buy at 2.50 oooh..forget those 0.45 stock.

If AfriPrud gets to N2.50, there will be other banking stocks that will be far better than AfriPrud.

GonFreecss1:
I don't know if it's the name chemistry (name starting with M), or the way they reply each other, but Mcy56 and mendes911 look compatible to me. Make we ship una?
Couple goals to meet in the financial market.

PS - Just trying to have fun guys. Many will soon comprehend what a sell-off means, only a few will learn from it at the end of the day. People have short memories.

arduino:
Bros, weed no dey good for hot afternoon oooo....

Mcy56 that Arduino followed and found himself in Aiico..... You now want me to try my own luck? Lai Lai.

Spectacular. This last minute dumping. Ogagu.

samzepaparazi:
hello people,

please what do you think the new trading band for diamond bank will be.

Entered at 1.10

MCY56, come and answer your customer. Na your load him carry so.