₦airaland Forum

KingEbukasBlog:
More like Xenocentrism - the preference of other people's culture to yours .

realglobe:
#IStandWithAkeredolu the real national leader of APC has spoken.. Tinubites can keep hating

zendi:
Hahaha... mopolchi, because its called elephant ehn?
You wan kee pesin wit laff, true.
I go nickname my evansmed 'whale' make you help me push am commot for car park, abeg.

carpenter:
DEFINITION of 'Average Down'

The process of buying additional shares in a company at lower prices than you originally purchased. This brings the average price you've paid for all your shares down.

http://www.investopedia.com/terms/a/averagedown.asp

say you bought 1,000 units @ 33 naira...costing you about 33,000 excluding fees and taxes.

Since you have taken a stand not to sell at less that 33, you can buy more say another 1,000 at 3 naira and your average cost of the stock will go down. That way you don't have to wait till it gets to 33.

1. 1,000 units @ 33=33,000
2. 1,000 units @ 3 = 3,000

TC=36,000
AC=36,000/2000= 18

So now only need to wait for 18 and not 33 to break even (fees and taxes not included)

The more you buy now, the better for you.

slurryeye:
My parents made me an Osu by default

carpenter:
You have taken a stand, abeg try buy more now and average down.

locodemy:
is this the elephant you are talking about?............collapsed..........speed on my feet.

locodemy:
okokobioko eeeeeeeh!..............my brother leave matter............you are out of the world to come back in 10 years time.

CandyDiamond:
The girl should be giving opportunity to say her story,lesbianism is the same with other sins,those calling for 14 years imprisonment are wrong because it is for gay marriage.[/b] Lesbians and gays have fundamental human right to live as sign in UN charter[b].

Ignatio:
Why jail her? This was something done in secret. It's not as if they released it on purpose.