Passwelle's Posts
Nairaland Forum › Passwelle's Profile › Passwelle's Posts
1 2 3 4 5 6 7 8 9 10 11 12 (of 32 pages)
myjoy08:Sellers remorse ![]() |
I exited FCMB today. I have been in and out since 1.93 and collected dividend to wit. There may or may not be a dumping coming soon, this market making can not continue indefinitely. I don try. |
@ All cc: mercylicious Morgan charges 1.55% for cumulative buy and sell transaction like Mercy rightly pointed out above. |
@ All I hail. For the newbies (whom I assume are keen to trade and are not intent on long term investments), an earlier poster here mentioned DD using charts while the Sage gave very candid and invaluable advice above. In my experience in the NSE, the more you see the less you understand. You can make money on almost every stock on our bourse (save for the deadwoods). Charts will mislead but may be accurate occasionally. Brokers/individuals that trade can make your chart show what they want you to see (both volume and price action e.g stdinsure, rtbriscoe, transexpr, costain etc) .... This game is one of fastest fingers first, either to enter or to exit. Don't gamble what you cant afford to lose. Dont over diversify. You dont have to be in every stock gaining. Cut your losses short and let your winners run (very vital so you know when to exit). Most importantly be observant, its unbelievable how much you can make from market making activities. |
![]() |
![]() |
He did it with UBA. He will do it again with Transcorp. Check the volumes traded on the day the results were released last year. less than 4 months later people were queuing up to buy the same Transcorp they sold low (due to 5k dividend) at above N6.00. Seller be warned. |
mercylicious:Must have been between 10.05 and 10.15. Try now. |
Bid vs offer in FBNH at the moment is quite hilarious. Illustrative of the saying "For fools rush in where angels fear to tread" - Alexander Pope |
immanuello:lol, Sir he did a lot. Have a look at the volume of UBA shares traded in the days after the result was released. 450m shares in 2 days is a lot. |
Transcorp result released in the dead of the night = #rollcall. Money never sleeps.
|
Reddit:I was wrong, was informed it wld be 10k. 6k things ![]() Retained earnings reduced by 5%, with admin expenses up 30%. |
Fbn h may be 10k plus bonus. http://ir.fbnholdings.com/wp-content/uploads/2014/02/FBN%20Holdings%20Plc%20-%20FY%202014%20Financial%20Statements.pdf |
donmarshia:c. 44bn in Forex gain. Subtract that and ... Should also have a good Q1. |
megainvest:Also try investing.com they give TA signals. Very good site imho. |
Aks:On Oxygen, all I have to say is this: Be wary of a stock whose market makers depress it. Other stocks record an upward movement at close of market . |
mercylicious:Biko, I missed you too. I hope Hispy no dey show for here ![]() @All, Dangcem just paid. I repeat Dangcem ... Oh and Diamond just did a UBA 10kobo things |
@Currentprice, @moneysage and all the elders in the house I hail. We are making money this year! Volatility is the traders best friend biko. Especially if the volatility is induced by market makers with some measure of almost daily predictability. I will admit that Dangcem, Access and Oxygen were a blessing last year. The tier 1 banks and FCMB have been extremely rewarding this year .nb. to all who promised in Sep 2014 to remind me of my posts regarding Oxygen in 6 months time I hail In the words of the Sage, "no squabbles, just business for the sake of business". May we all cut our losses short and let our profits run. |
ok |
DesChyko:http://www.smiic.org/news/235/12th-session-of-islamic-summit-conference |
This is shocking beyond words. That child has all the facial features of an infant with Down syndrome. To think she is then subjected to such abuse makes it all the more disheartening. OP please where was this picture taken? Please can you send me the original picture if the metadata is still there (geolocation). |
We all had it coming ... To think we import most things in this country. |
Omexonomy:The rights are based on your holdings as at the 25th of July, not your current position. |
Born2berich:Sir many did. I even posted about it on Sunday evening, but as I am not a prophet it was ignored. The event occurred on Thursday the 13th, and the number of shares to be issued and price is there for all to see courtesy of Dexter. Not all those who wander are lost. |
I just went back to read page 456 of this thread, where amongst other things two men of strong character (one an extreme optimist and the other an extreme pessimist) were giving their stock picks at a faster rate ![]() |
I just went back to read page 445 of this thread, where amongst other things one gentleman was asking whether he should mop up Prembrew at a faster rate ![]() |
Aks: Dexterax:Dear zionexcellence, please be advised, get Oxygen at or near N20, and sell to the BeLIEvErs who cAN sTAnD tHe HeAT iN tHE KitChEN aT oR aBOVe N23 a few times. While they hold on till the "something big is about to happen" actually happens. Said JIJO may occur as many times as possible before the 2B plus rights issue at N22 occurs. |
passwelle:I repeat ... |
Aks:Ok. What time frame Sir? |
Aks:What time frame Sir? I see a MISS@ the moment (3-5 days). Remember State of Emergency in NE has been reactivated. |


and ... Should also have a good Q1.