Deadlytruth:


He should just reenter today as the difference between today's closing and his exit N19 will not be too large. Moreover, DS might not totally dry off the floor today unlike what it will look like from Monday.

So what if he buys today and the price retract by next week, will he sell again

gamaliel9:
pls huz, if i sold a stock that i have e-dividend mandate active on it n buy it again later. Will my e-dividend madate still active for it. kindly reply. thanks.


Please brothers and sisters answer this question o o

Selling all your holdings with a Registrar doesn't mean your record is deleted from the Registrars' system. As a matter of fact, your holdings still appear against your name but with zero units. This is to the best of my knowledge and deductions from my interactions with Registrars. This was my experience with FBN Registrars and Cardinal stone.

That you emptied your account with a bank and the account went dormant doesn't mean the bank deletes your record from their system (something like that except you close the account)

wanaj0:


Do you understand why he bought in the first place

Some people buy out of emotion and sell out of emotion. It is emotional investing.

Hmmnn

pluto09:


So what if he buys today and the price retract by next week, will he sell again

If the price can make 10℅ daily for 4 days as it seems likely, he doesn't need to get a mattress and sleep in the stock, but exit with good shortest term profit before the exhaustion of the rally. DS rallies are usually boisterous but short lived.

gamaliel9:
pls huz, if i sold a stock that i have e-dividend mandate active on it n buy it again later. Will my e-dividend madate still active for it. kindly reply. thanks.


Please brothers and sisters answer this question o o

It all depends into which account you buy into when re-purchasing. If you buy into the the e-mandated account no problem...mandate continues but if your broker opens a new account and buys into it, then you need to do another e-mandate for the new account. Advisable not to completely empty a mandated account. Leave something in it and then re-purchase into it if you prefer the stock again.

Will a Diamond,Transcorp, FCMB et al reversal be as explosive as they were at the start of the year? May be not. Possibly it's the turn of the likes of DF,DS,ETI,Access,UBA et al.

Just thinking aloud.

That reminds me

I had an unsual afternoon nap yesterday and had a dream (abi I fell into a Trance deni). ETI ETI ETI was just everywhere. Some sort of commotion or excitement.

Disclaimer: My dreams don't usually come true o and I don't own a unit of ETI.

pluto09:


So what if he buys today and the price retract by next week, will he sell again

Una no go kill me for here
Jangilover

Access is about to explode !!!!!

Thank you all. I sold as a stop loss measure and fear of what happened to me in 2015 from which I recovered recently. I didn't know whether this would be another crash. Once bitten twice shy.

Toluway:
Thank you all. I sold as a stop loss measure and fear of what happened to me in 2015 from which I recovered recently. I didn't know whether this would be another crash. Once bitten twice shy.

But those who use stop loss use technicals for entry
I thought you entered based on fundamentals?

BMZK:
Access is about to explode !!!!!

Access has been toying with people's emotions. Just when you think it is finally out for a breakout it proves you wrong.

If pre-market is anything to go by, seems those that bought Diamond at N2.65 got their timing right.

Edit: Pre-market info was so misleading

Manonamission:


Selling all your holdings with a Registrar doesn't mean your record is deleted from the Registrars' system. As a matter of fact, your holdings still appear against your name but with zero units. This is to the best of my knowledge and deductions from my interactions with Registrars. This was my experience with FBN Registrars and Cardinal stone.

That you emptied your account with a bank and the account went dormant doesn't mean the bank deletes your record from their system (something like that except you close the account)

thanks. You too mucha

Diamond would have settled for a support now if not for FCMB.

skye

Deadlytruth:


Access has been toying with people's emotions. Just when you think it is finally out for a breakout it proves you wrong.

currentprice:
skye

Explosive...

I just like people that have NB, price no dey shake dem body... more breakout coming

Seems I would hold longer even if market hit my exit price.

Agbalowomeri:



But those who use stop loss use technicals for entry
I thought you entered based on fundamentals?

Yes , fundamentals. But I've just discovered that in Nigerian sem, you can only survive by basing your entry and exit on technical indicators. Get get a stock that is not likely to go under, that's all. The market here is ruled by sentiments and the herds. The hard truth.

Selling all your holdings with a Registrar doesn't mean your record is deleted from the Registrars' system. As a matter of fact, your holdings still appear against your name but with zero units. This is to the best of my knowledge and deductions from my interactions with Registrars. This was my experience with FBN Registrars and Cardinal stone.

That you emptied your account with a bank and the account went dormant doesn't mean the bank deletes your record from their system (something like that cheesy except you close th


It all depends into which account you buy into when re-purchasing. If you buy into the the e-mandated account no problem...mandate continues but if your broker opens a new account and buys into it, then you need to do another e-mandate for the new account. Advisable not to completely empty a mandated account. Leave something in it and then re-purchase into it if you prefer the stock again.e account)


Manonmission and Safepauloo, thank sirs..

Deadlytruth:


Access has been toying with people's emotions. Just when you think it is finally out for a breakout it proves you wrong.

Finally out. The road is clear.

Toluway:

Yes , fundamentals. But I've just discovered that in Nigerian sem, you can only survive by basing your entry and exit on technical indicators. Get get a stock that is not likely to go under, that's all. The market here is ruled by sentiments and the herds. The hard truth.

Brother u got shaken out . and DS move on. U can buy as it on full offer now. u shd be happy self.

shebi we talk say pullback,reverse,falldown,bears don end.
Market in a normalcy mode now......

tritritri:



Brother u got shaken out . and DS move on. U can buy as it on full offer now. u shd be happy self.

Una no dey pay commission for all these una buying and selling

FXUSER, Please which of these stocks can I buy now ?
Dang flour,
Fidelity ,
Access,
First Bank,
and whichever?
Abeg.

Gods-case-no-appeal

sellydion:


Finally out. The road is clear.

Access bank case is like where the central bank is the one supplying the currency to maintain stability in price.

Until they stop...

tritritri:



Brother u got shaken out . and DS move on. U can buy as it on full offer now. u shd be happy self.

God bless you sir. I have bidded with #20 limit.

Toluway:
FXUSER, Please which of these stocks can I buy now ?
Dang flour,
Fidelity ,
Access,
First Bank,
and whichever?
Abeg.

Gods-case-no-appeal

Kashif:
Buyers are on strike!

But doesnt look like more sellers are coming either. The bears may wear out between today and tomorrow.

Buyers are back.

Diamond on full bid

Diamond bank...

Men in black are back...They only went to change money from Aboki ...

rationalmind:



Looks like you are wrong again

Hope you saw what happened to Transcorp when Diamond went on bid?