₦airaland Forum

deflover:
Oga all markets are manipulated but the level on the NSE is damn higher
I also bought 68000 unit of transcorp
I lost like the devil
You say report
You must be living in mars

Where u around in 2007-2008 where the party of different IPOs were flooding the market with over valued shares to fool the public
If you were not burnt
Please maintain your peace and stop trying to scare a person that lost to this thief

ManTiger:
I feel for his scam and hyping as an undergraduate. I use my hard earned money to subscribe to dangote sugar at #14 back then. I don't even know the kind jazz he used on people cos the IPO was over subscribed and the share funnily crashed to #4 making him to buy higher percentage when people were fed up. Imagine selling a phone for #14 and buying back at #4. Sometimes I received divident of 1200 and I will just shake my head.



I'm not just ranting but this so called millionaire are scammers especially when listed at the NSE, they overhype the IPO value and crash it by half of its value after IPO.

400billionman:
Leave him.

Experience will teach him.

Even if the shares are free, I won't subscribe.

Most naive people do not know how billionaires use poor peoples money to become rich.

They will still use that same money to oppress you forever selling inflated priced products.

deflover:
Chloride6, gnykelly & deflover. I want you to understand my position on this matter, am not suggesting that the market is perfect, I have been a professional broker trading on the floor of The Nigerian Stock Exchange since 2005, market infractions always received the appropriate sanction as stated in NSE rule or application IST if reported. The case of AP/Dangote price war was properly addressed and appropriate sanctions were applied. Today the two principals of the companies involved are best of friends and working together to move Nigerian economy forward. Please don't levied in the past.
We want to think Nigeria and be positive about our country.

Imagine a Dangote Refinery with, Gas, Petrochemical plant, Power Generation, etc working. Imagine a situation where we don't have to spend a dim to import refined Petroleum products, what do you think that will do to the value of naira, job creation and investors confidence?

That a child did not show a sign of greatness early in life does not imply the end of his/her life. Market manipulation has been reduced to the minimum. Do a good analysis and take informed risk.


Oga all markets are manipulated but the level on the NSE is damn higher
I also bought 68000 unit of transcorp
I lost like the devil
You say report
You must be living in mars

Where u around in 2007-2008 where the party of different IPOs were flooding the market with over valued shares to fool the public
If you were not burnt
Please maintain your peace and stop trying to scare a person that lost to this thief

deflover:
I understand trading now
I am a professional fx trader so I know OTC is the deal

400billionman:
Most Nigerian billionaires are thieves.

I lost about N2m in 2008 in shares..

Ups01:
What is OTC?

deflover:
Over the counter

Ups01:
Why is over the counter the deal?