₦airaland Forum

mendes911:
For how long are we going to keep quiet naww. Diamond still have a long way to go from ₦2.00. they never even release that result. If GTB dey fear to release their own result , imagine what Diamond bank go do.

They finally let go. The earlier you play the music, the earlier the party go end.....

Grab your popcorn, download a nice movie and relax.

The bears are matching out!

wanaj0:
When you have Obabolujo (sp) making noise you better flee.

While objective is to make money on NSE, preservation of capital is key.

Reading the posts, it is obvious that MANY people are breaking the 'rules' of capital market investing!

Capital Market is meant for 'long term' investment. When you decide to turn it to 'very short term', you need to understand the risk and the consequences. Worse when you target stocks with zero fundamentals. This is compounded when you now allow 'GREED' to take over.

As stated many times, people will pay SCHOOL fees for NSE this year. People are getting carried away by the 'bulls' especially when they don't understand what is driving the prices up! People forget that there is a lot of 'manipulation' going on with some stocks on the NSE. We use to call it pumping and dumping. (where is Pumping biko?)

Most of the charts for technical analysis assumes an efficient market. The NSE is NOT efficient at all. So every easy to be mislead.

There is this story/joke of a lady buying an illiquid stock with zero fundamentals. She was buying from the husband (unknowingly of course) with 5% gain everyday. When she wanted to SELL there was no BUYER. If you will 'gamble', try and gamble with a stock that if the trade moves against you, the stocks can be converted to your LONG TERM holdings.

Except your pocket is very deep, be wary of stocks with poor management, poor corporate governance.

It will be good if people will understand their type of personality (A psychometric test may help). Understanding your risk tolerance is key in developing an investment strategy/plan. Don't buy because someone else is buying. Your pockets and risk appetite are not the same. While the person may be able to accommodate a 50% loss you may not be able to take a 25% loss. Same way, the person may be satisfied with a 10% gain whereas you are looking for 100%

And please NO one can time the market. No one can predict the high and low of any stock. Understanding this may help in people planning their investment strategy.

Happy Investing

Chief, as someone many of us listens to, is it possible you call out the proponents of "pumping and dumping" once they make a post? Maybe newbies might be more cautious when the attack comes from you!

You have been talking about school fees payment but some didn't quite understand. They still listened to those that claimed to be rooted in insider news (spiritual and physical).

currentprice:
zenith closed @ 30.45 today after result

Shiii. Wait to it to fall well below ₦31.00. It needs to be very obvious.

Parisfran:
Agba, the polity has been hot since and it was beginning to get boring.

Polity or "people's portfolio"? Abeg throw your own stone sharp sharp.

Parisfran:
My sister, I done they wait for the fight for 1 month.

If the MD of the company no be your personal person, why you go put all your money inside 1 stock?

No matter the analysis you do on the financial and non-financial information that gets publicly released, you can never know 75% of what is happening inside a company.

I've been on social media for too long to actually believe most of the claims on this thread. My own is to read, learn, gather information and laugh.

We will be alright, last last

Oya, which part of the divide are you on? The group that's waiting to buy Fidelity at ₦1.50 or the other that's waiting to sell at ₦5.00?

RabbiDoracle:
And you too.

My stones are guaranteed! There are members that will change Moniker, so as to come stone me. I know them. I always wonder why they have to change Moniker first. Let them be themselves.

Agbalowomeri:
It will go down more. No strong support in this region

Keep asking for more stones.

rationalmind:
I don't think Diamond will go down much from today's close, I expect it to close on bid tomorrow and if not, at least not on offer like today

I am not in the bus, have no single unit and not planning to buy, just an observation from recent price action.

Abeg don't quote me oooo. Diamond can run from ₦2.18 up to ₦3.00, I no mind.

I was only saying that my family and I are waiting at one junction and it will get there at the appropriate time.

I can only change my bus stop after the market must have digested their full year result, right before Q1.

Agbalowomeri:
I no talk anything o, I am only recommending stocks
Na Pasifran bring fights. Na jeje we siddon she come sprinkle acid all over

Witch cry for night, pikin die for morning.....

Today wey Oga Tolu enter forum come say hi. I for just leave am alone. Oga Tolu, abeg forgive and forget. We won't ever mention your name again.

Obene Kwa Kwa.

RabbiDoracle:
I think they would have borne the loss if you , Agba and I kept quiet

Especially you and Agba.

For how long are we going to keep quiet naww. Diamond still have a long way to go from ₦2.00. they never even release that result. If GTB dey fear to release their own result, imagine what Diamond bank go do.

currentprice:
you for say try to reduce your coming here

how do you want me to day serious from mon to friday, 9am to 2.30pm without catching fun.. boring

When we are trapped on our own funds. Nothing to trade. Just dey mop at our computer screens.

RabbiDoracle:
Try and reduce your yabs. You are the gang leader.

Same applies to us.

If you tell me to shut up, I will just shut up knowing fully well that a sane human being (not under duress of portfolio losses) is talking to me.

I will take your order. I will reduce my yabs.

currentprice:
this one pass stones, na acid throwing all over

I squat behind Agba and Oracle. None of it will get to me. I was begging Oga Kolaish to come stand by me. I knew this was coming. The losses are becoming unbearable for some traders. Investors like Emma, Wanaj0 and Bigjay01 are busy accumulating cheaper stocks.

RabbiDoracle:
It was in Arabic.so read backwards

Reading backwards come worse pass....

RabbiDoracle:
See wetin bear dey cause.

This one na bear? Wait till when the real bear comes.....

bisiki2:
Do not equate your message here to that of @ currentprice. While i understand the message in your posts, you sir, comes across as an irritant.

^^
pls can someone explain to me the post above me

currentprice:
you use to laugh it off boss, why angry to their post? you did nothing wrong now...it normal for pple to vex seeing their stock losing value many of us inform the house direct or indirectly to sell and keep cash to buy more unit of the same share but they call us name. now they know better..

i foreseen pple selling their share soon when we are about to enter mkt for d awaiting part 2 BULL... the vexing continues

Shiii. No be the same people we go offload on?

currentprice:
you use to laugh it off boss, why angry to their post? you did nothing wrong now...it normal for pple to vex seeing their stock losing value many of us inform the house direct or indirectly to sell and keep cash to buy more unit of the same share but they call us name. now they know better..

i foreseen pple selling their share soon when we are about to enter mkt for d awaiting part 2 BULL... the vexing continues

There's always a limit naww and Oracle got there today. He can't keep ignoring them for long.

currentprice:
see stones....

Na your stone oooo. Chop am alone. Na you carry Oga Tolu on top head.

Very soon they will be asking you for CP's fair value.... But once you announce that diminishing marginal return might set in, same people will pounce on you.

Agbalowomeri:
I want to make money first before I decide which one I be

See confirmed trader. You are even worse than a trader self. Person wey dey trade based on date's and not even on prices. Abeg park well joorrr.

emmanuelewumi:
O


No transfer aggression to me, you come put sir join.


Investors are funny set of people to be with.

You are an investor and you don't act funny at all. The problem is that some set of people are yet to decide whether they are investors or trader.

RabbiDoracle:
I know those that started this nonsense. I'm not an easy pick. If they don't like my post, just skip and move on rather than shushing me.

Shebi they were all.making mouth when they were buying high, why are they trying to transfer agression to someone else.

They should pick posts to reply to and let people be jare.

There are posts I don't bother reading talkless of replying them. They should consider same.

Mpeace:
I believe you. You always buy at the lowest price and sell at the highest. Even Warren Buffet no fit try you. Continue telling us. Anyi bu umuaka.

I guess you couldn't comprehend what unsuccessful stunt means. Re-read my post.

Also, you must have assumed that I sold high! You need to put checks and balances on your assumptions. I never said anything about my exist prices. In fact I indirectly made it know that I left before the peak. If you scroll through all my posts, you will know when I sold.

You have your own plan, stick to it sir. Like Oracle said, if your plan A and plan B failed you, maybe come up with plan W and keep averaging down.

No transfer agression to me Sir.

pluto09:
I don't chase stock and will not advise anyone to do so.
However , those who understand TA very well will not mind chasing a moving train.

Yes, those who did not understand the game bought fidelity and transcorp near the 52 week high. You must admit that some actually bought at N1 and N1.40k and sold at N2.80k and N2.20k respectively. They have chopped round 1 clean month and are now waiting for the 2nd round while some are still keeping their money under pillow waiting for the market to crash by fire by force.

I doubt there's anybody that's been keeping cash right from when Diamond was trading at ₦1.00 till date. All of us must have jumped in and/or out....

I bought Diamond first at ₦1.10 and then more at ₦1.00 (when the heavy weight were offloading loads). I also bought FCMB between ₦1.01 and ₦1.02. I sold long after the train moved and never looked back. I didnt wait for the peak because nobody knows the peak but you can always disembark when you have made as much as you wished for! Many were banking on vetiva's ₦5.00 target, I didn't care for that.

I have had 2 successful and I unsuccessful stunts with both stocks after my first journey with them!

On my second missionary journey on DangFlour, I bought at about ₦11.00 and the day I sold at about ₦17, a forum member came out screaming that those that sold, have sold their birth right. That was a classic noise making.

What am saying in essence is that most times, these stocks will trend down after picking up and still pick up later.

Most of us were telling Tritri he made a mistake when he sold. I strongly believe that the train will get to his bus stop again (provided his bus stop is realistic) and he will board for another journey.

pluto09:
By then, some will be going for 2nd round.

Yes oooo.

Just like the people that bought Diamond and Fidelity weeks back. They are truly enjoying the 2nd round.

rationalmind:
Men dey wait for Oracle on this one. They will like to see it on #15 after he buys at #27

At the appointed time, Flourmills will come and pick people up at their respective bus stops. It's like a train station that runs in a loop. It will always run around to pick up passengers. Sometimes, it may veer off the loop, return to an earlier bus stop and then continue.

Never ever chase a moving train. E dey break head!

Mpeace:
CP follow buhari go beg vote for benue. I no sure say him don return.

LOL. Una no go kill pesin for here.

This one CP no dey ring bell again. Is it possible he's trapped in a hole somewhere and have been struggling to come out?

kolaish:
Eazy please. I join @mendes911 to tender apologiees.

Typically, you see this type of scenarios playing out during bear period.

Thank You.

Kindly come and stand with me. I foresee stones coming from all directions.

Toluway:
You're not fair to me at all. How many times have I quarrelled in this forum, that you're now labelling me thus?
Sometimes ago, I showed my displeasure to the way some people, would only spread propaganda here instead of encouraging others for obvious reasons. And you were aware of that. So for you to now exercise the effrontery to label me this way is not only prejudiced, but also mischievous. Sowing the seed of discord will do no one any good.
I deserve an apology from you.

I have achieved my aim. I wanted to draw you out Chief.

No insult meant in any way. That was a big joke. Apologies if you took it otherwise. I wasn't in anyway saying that you have an issue with anybody.

Kindly post more.

Regards.

mendes911:
Come guys, we can do this today. MCSI, are you there. Come on... Just 3M units to get there.

Now 1.8m units to go. Come on boys....