locodemy:


All stocks are already high except IB, Caverton and oando.
Na to book profit on the ones that have generated 200,300% and invest massively in IB and relax for her own turn.

But I never want IB to move until target is met.I need to hold up to 8m units of IB by Gods grace.All things being equal

When others start falling these too will follow.

locodemy:


Hope you know those results are bad?They only used the result to make references and hint on the economic situations that produced the poor result but future policies will bring the company back to profit.

My bullishness in IB is not on result side but the owners of the company, foreign investors and free float deficiency.Q2 result won't be attractive but share price has nowhere to go again except north.

Don't rely on result but rely on those things I pointed above.We shall overcome this one like chams, Japaul and Ftn cocoa.

@locodemy, take guess work out of investing and trading, the Sentimental analysis, TA, FA are not in favour of IB.
You will need to wait for at least 2 more years before you can taste the honey pot 🍲 of IB. Disinvest your holdings in IB and Reboard the hidden black gold deposits that would soon be struck in Transcorp.
IB is terribly behind, moving at the speed of 🐌 snail, highest level of corruption and selfishness by the executives and management team. Everywhere you go, IB products dominate, still no impact on share price, no dividend for a decade, no capital appreciation, every year cost of sales consume over 50% of sales.
For now IB has zero plan for rewarding investors. The share price might even go sub N5.
The best prayer for investors is that IB should be delisted, and that a Big 🐋🐳 should come on board and do the needful.
Nothing is going to change in the next 2 years.
From a contrarian self investor,point of view, You can Bank 🏧 on your believe.

Harvestock01:


With the exception of a few names, what we are currently experiencing in the market is a repricing due to currency float. Thereafter, there will be consolidation and financial performance will be the major determinants of individual price direction.

How many companies had access to official rates? Was FTNCOCOA receiving subsidized rates?

I would also like to be lectured someday on how removing the subsidy will improve the profits of oil and gas companies like Eterna and Conoil, which were making 10-10 daily, lol.

When it is the bears' time, they do their thing. The bulls will always come back, and the cycle will continue.

janga:


@BullBear
the chance of breaking #20.50 is very slim and not even upto 50% from technical point of view and also the stock is at the Resistance of last high. The best price actions that might likely to happen there is to reject at the resistance 20.50# and retrace for fuel, if we see more bids on monday, then the price might break for liquidity hunts to form a bulltrap!!

...when you add high volume to marubozu, you will realise there are 50%/50% chance (if not higher).

ositadima1:


Bro, I've been looking for your signature since yesterday, when you asked someone else to check it.

Just type my name and search you will see all my posts on bought, sold or signals for gambled stocks

eziokwunwoko:
Support and resistant level.
Buy entry and sell entry.
Thanks

...not sure you can wait either if I provide another analysis

thebargainhunte:


When others start falling these too will follow.

They are on bargain prices currently... They are expected to rise very well before any correction

DD pls

Mankindman:


@locodemy, take guess work out of investing and trading, the Sentimental analysis, TA, FA are not in favour of IB.
You will need to wait for at least 2 more years before you can taste the honey pot 🍲 of IB. Disinvest your holdings in IB and Reboard the hidden black gold deposits that would soon be struck in Transcorp.
IB is terribly behind, moving at the speed of 🐌 snail, highest level of corruption and selfishness by the executives and management team. Everywhere you go, IB products dominate, still no impact on share price, no dividend for a decade, no capital appreciation, every year cost of sales consume over 50% of sales.
For now IB has zero plan for rewarding investors. The share price might even go sub N5.
The best prayer for investors is that IB should be delisted, and that a Big 🐋🐳 should come on board and do the needful.
Nothing is going to change in the next 2 years.
From a contrarian self investor,point of view, You can Bank 🏧 on your believe.

IB go shock you... Nothing ever favored FTN COCOA but where is it today?

Mankindman:


@locodemy, take guess work out of investing and trading, the Sentimental analysis, TA, FA are not in favour of IB.
You will need to wait for at least 2 more years before you can taste the honey pot 🍲 of IB. Disinvest your holdings in IB and Reboard the hidden black gold deposits that would soon be struck in Transcorp.
IB is terribly behind, moving at the speed of 🐌 snail, highest level of corruption and selfishness by the executives and management team. Everywhere you go, IB products dominate, still no impact on share price, no dividend for a decade, no capital appreciation, every year cost of sales consume over 50% of sales.
For now IB has zero plan for rewarding investors. The share price might even go sub N5.
The best prayer for investors is that IB should be delisted, and that a Big 🐋🐳 should come on board and do the needful.
Nothing is going to change in the next 2 years.
From a contrarian self investor,point of view, You can Bank 🏧 on your believe.

I don't invest for dividend.
The long termers can wait for 2 years but Loco is only in for capital appreciation.
No matter how slow the stock is, we will force it to respond.Its only 2B units available in the market.Its a matter of time.Huge funds will move it by force.At all at all it go deliver 50% return.I said 50% because of your unbelieving.

BullBearMkt:

uhhmm! Price derivatives can never be more accurate than the price itself. I have used them before. lol!!!
I guess everyone would be using the indicators by now, if they can make accurate predictions as you claimed

Everyone can't use them because only few people have a flair for technical details.

BullBearMkt:

...when you add high volume to marubozu, you will realise there are 50%/50% chance (if not higher).

yes i understand too much high volume can form a bullish divergence but #firstbank cant be moving hockey parabolic like crypt0. The max formation there should be bulltrap to catch liquidity, anyway the market will decide.

Deadlytruth:

Everyone can't use them because only few people have a flair for technical details.

...so, what's your point on your "holy grail" indicators?

janga:


yes i understand too much high volume can form a bullish divergence but #firstbank cant be moving hockey parabolic like crypt0. The max formation there should be bulltrap to catch liquidity, anyway the market will decide.

hence, I mentioned 50-50 chance

janga:


yes i understand too much high volume can form a bullish divergence but #firstbank cant be moving hockey parabolic like crypt0. The max formation there should be bulltrap to catch liquidity, anyway the market will decide.

But FTN COCOA has been on steroids like cryptocurrencies

Not a recommendation has I usually buy stocks before movements

hayyawithme:


How many of your stocks have you sell so far?

100% of Stanbic, 41% of wapco, 40% of PZ(Bought back some more before the release of their FY unaudited result),100% GTB. Waiting to hit target on remaining ones and following my strategy of recouping my capital. I can enjoy dividend till eternity on the remaining ones. Next target is to offload some nahco and access.

Trade your plan and plan your trade

megawealth01:
But FTN COCOA has been on steroids like cryptocurrencies

Not a recommendation has I usually buy stocks before movements

It reminds me of GameStop (GME), which rose from $8 to $483 in a matter of weeks in 2021. It was all over social media at the time.

debeey87:
Over 17m units of conoil traded today. I have never seen such volume in the stock considering adenuga owns the majority stake

This might be part of the funds that will enter fbnh in the coming days.
I don't blame Wigwe and Tony for increasing their stake in their respective banks. Imagine you have the kind of power tussle going on in fbnh going on in those banks they have labored yrs to build.

BullBearMkt:

hence, I mentioned 50-50 chance

Fbnh is like hot girl in town at moment, once it break #20.50 it will make a new high since 1st of May 2013 but those billionaire are likely to sell/offload in those zone otherwise if it closed above #21 and hold it comfortable till next weekend then i will place a new entry with a target.

if u dont have a target in mind before buying any stocks, then it’s better not to make any trade at all

janga:


Fbnh is like hot girl in town at moment, once it break #20.50 it will make a new high since 1st of May 2013 but those billionaire are likely to sell/offload in those zone otherwise if it closed above #21 and hold it comfortable till next weekend then i will place a new entry with a target.

if u dont have a target in mind before buying any stocks, then it’s better not to make any trade at all

...good plan! however, you've considered only one scenario, another scenario is for price to break the 20.50 high and later re-test it

YoungBuffet:
Guys enjoy the pumping while it last ooo we are heading to 200k one thing is certain when the pumping air finished everything go come down last last. My guy received risk disclosure form from his broker that sec has introduced so buyers are aware of the risk they are getting into to avoid 2008 event when people committed suicide. SEC knows the aftermath of the current pumping so they are exonorating themselves ahead. Meanwhile, I have no time for here for now cos am busy planting in US stocks, have cleared the bush now planting season I saw one of my seeds yesterday with 21% increase I just dey laugh even hunger no catch me the list of my percentage increase yesterday was 3.5%. Enjoy your ride ooo when an done with my US loot na 10m units of GTB be my target . Am expecting 500% in all my US stocks. Enjoy your pumping season oo. 100 Naira gain for naija stock is 100naira $100 gain for Yankee stock na 77k according to my bamboo people ooo

This man no even get shame smh.... You can tell from the way he types

Mankindman:


@locodemy, take guess work out of investing and trading, the Sentimental analysis, TA, FA are not in favour of IB.
You will need to wait for at least 2 more years before you can taste the honey pot 🍲 of IB. Disinvest your holdings in IB and Reboard the hidden black gold deposits that would soon be struck in Transcorp.
IB is terribly behind, moving at the speed of 🐌 snail, highest level of corruption and selfishness by the executives and management team. Everywhere you go, IB products dominate, still no impact on share price, no dividend for a decade, no capital appreciation, every year cost of sales consume over 50% of sales.
For now IB has zero plan for rewarding investors. The share price might even go sub N5.
The best prayer for investors is that IB should be delisted, and that a Big 🐋🐳 should come on board and do the needful.
Nothing is going to change in the next 2 years.
From a contrarian self investor,point of view, You can Bank 🏧 on your believe.

take TA out!

ositadima1:


It reminds me of GameStop (GME), which rose from $8 to $483 in a matter of weeks in 2021. It was all over social media at the time.

I need that kind of miracle

debeey87:


This might be part of the funds that will enter fbnh in the coming days.
I don't blame Wigwe and Tony for increasing their stake in their respective banks. Imagine you have the kind of power tussle going on in fbnh going on in those banks they have labored yrs to build.

Tony might be overthrown sef from either uba or transcorp

.

megawealth01:
They are on bargain prices currently... They are expected to rise very well before any correction

DD pls

Says who? Oando would delist at #7.07, anything above that price na oyo. IB time never reach bro, but for caverton, I reserve my comment.

essentialone:


45 ke. For IB that is trading at N5 ?

When its not NASDAQ or NYSE where prices skyrocket anyhow....

megawealth01:
I call this premium gambling

I am also thinking of swimming with the sharks on FBNH. I will risk 25% of my portfolio with it to do JIJO and set a stop loss of 10% should it go south....

FIRSTBANK: Seems full bid will commence on Monday sef

thebargainhunte:


Says who? Oando would delist at #7.07, anything above that price na oyo. IB time never reach bro, but for caverton, I reserve my comment.

We are watching... I'm heavily loaded on the four (OANDO, IB, CAVERTON, CUTIX) sha

megawealth01:


We are watching... I'm heavily loaded on the four (OANDO, IB, CAVERTON, CUTIX) sha

au revoir et bonne chance

locodemy:


I don't invest for dividend.
The long termers can wait for 2 years but Loco is only in for capital appreciation.
No matter how slow the stock is, we will force it to respond.Its only 2B units available in the market.Its a matter of time.Huge funds will move it by force.At all at all it go deliver 50% return.I said 50% because of your unbelieving.

just one positive news can take INTBREW to #30...e.g FTNCOCOA, CHAMS, JAPAULGOLD even FBNH

Princkez:
just one positive news can take INTBREW to #30...e.g FTNCOCOA, CHAMS, JAPAULGOLD even FBNH

Just one wrong move from the PET.My mistake, one right move from the court and we hit #30.I love hero and fully loaded in it