PETERiCHY:
FOOD 4 THOUGHT

Put a frog into a vessel fill with water and start heating the water.

As the temperature of the water begins to rise, the frog adjust its body temperature accordingly.

The frog keeps adjusting its body temperature with the increasing temperature of the water. Just when the water is about to reach boiling point, the frog cannot adjust anymore.

At this point the frog decides to jump out. The frog tries to jump but it is unable to do so because it has lost all its strength in adjusting with the rising water temperature.

Very soon the frog dies.
What killed the frog?
Think about it!
I know many of us will say the boiling water.

But the truth about what killed the frog was its own inability to decide when to jump out.

We all need to adjust with people & situations, but we need to be sure when we need to adjust & when we need to move on.

There are times when we need to face the situation and take appropriate actions.

If we allow people to exploit us physically, emotionally, financially, spiritually or mentally they will continue to do so.

Let us decide when to jump!
Let's jump while we still have the strength

https://www.youtube.com/watch?v=7hx4gdlfamo

Song recommended by the Rugged Prof

bigjay01:


mediocre at best.
Only in that part of the world

I think we need a lawyer to explain these discrepancies to us.

dharpzee:
Well, make we wait for the MPC direction, as I believe the market will soon bounce back today.

MPC meeting is today and tomorrow. So if it will have any effect, it will not be today (IMHO)

X21:
gsk

full offer no bid

I am willing to increase stake there sha... Waiting for the right PRICE

1kinggy:

Please maintain at least 2 brokers.

why?
Will that work seamlessly with one CSCS account AND CHN?

OBAGADAFFI:


I think we need a lawyer to explain these discrepancies to us.

I picked up some at 2.33-2.35 on the 17th

The fear mongers can only do their worst today...lets see how far they can sink the market today. After today, the fear will begin to wane and normalcy will gradually return.

Bad-mouth the bull

Mcy56:

Bros, bull of 2 and half months cant be referred to as stage managed!
NBS did not bring about the bull.
If you check NBS reports very well, they spoke from both sides of the mouth. Same NBS says recession and still talked about improvement in the economy. They are confused and tried to do damage control after reporting the recession.
The thing is, if you missed out of the bull, another opportunity don dey present itself...............No one should bad mouth the bull.

The 20 most liquid stocks in descending order. Data based on volumes from 2012 till date. Shortlisted out of 150 stocks on the NSE using pandas. The max volume is d highest volume traded in one day.

bigjay01:


I picked up some at 2.33-2.35 on the 17th

GSK i bought at 7 on Friday is now being fully offered @ 6.3

chai, market na bastard o

Market will stabilize later today.

bigjay01:


GSK i bought at 7 on Friday is now being fully offered @ 6.3

chai, market na bastard o

deleted

feelamong:


Nobody obviously knows the bottom...

but why not buy in stagger now that the market is going down?

You want to rather chase the market when its running up?

Bear wey I don dey expect ...
Since October endin...
Absolutely correct...
U buy in tranches
And you sell in tranches...

RealityShot:
why?

Will that work seamlessly with one CSCS account AND CHN?

Same CHN, different CSCS account number.

It is just too early.

We keep making same mistakes as investors.

Willie2015:


Bear wey I don dey expect ...
Since October endin...
Absolutely correct...
U buy in tranches
And you sell in tranches...

Lagarge Africa, meanwhile, is on full offer.

sellydion:
It is just too early.

We keep making same mistakes as investors.

Too early to start buying in tranches, that's correct. You wait until bottom seems apparent, then you buy in tranches, making sure you buy at the day's low.

bigjay01:


I picked up some at 2.33-2.35 on the 17th

I bought some this morning.

Let's see their drama.

IYGEAL:


Same CHN, different CSCS account number.

well I hope it won't cause problems for the kids in the future O!

Let me try that.

But what is the advantage?

sellydion:
It is just too early.

We keep making same mistakes as investors.

No, ma
I dont agree with you...
December is historically bullish...
Mkt will pick up again by 1st..
to 2nd week of December ...
I need Xmas money

PETERiCHY:
FOOD 4 THOUGHT

Put a frog into a vessel fill with water and start heating the water.

As the temperature of the water begins to rise, the frog adjust its body temperature accordingly.

The frog keeps adjusting its body temperature with the increasing temperature of the water. Just when the water is about to reach boiling point, the frog cannot adjust anymore.

At this point the frog decides to jump out. The frog tries to jump but it is unable to do so because it has lost all its strength in adjusting with the rising water temperature.

Very soon the frog dies.
What killed the frog?
Think about it!
I know many of us will say the boiling water.

But the truth about what killed the frog was its own inability to decide when to jump out.

We all need to adjust with people & situations, but we need to be sure when we need to adjust & when we need to move on.

There are times when we need to face the situation and take appropriate actions.

If we allow people to exploit us physically, emotionally, financially, spiritually or mentally they will continue to do so.

Let us decide when to jump!
Let's jump while we still have the strength

'The thief cometh not but to steal ..............and to destroy'
Your moniker always remind me of that guy.

Zenith, FBNH, Access are really getting attention despite much offers on ground................
If Zenith should mistakenly get to 20 and below, investors will grab with both hands.............my opinion.......
Zenith, no doubt the most liquid stock on the exchange.....................
Fits into Jijo, short, medium and long term investing..........

We have seen this before untill all doors are full opened

Willie2015:


No, ma
I dont agree with you...
December is historically bullish...
Mkt will pick up again by 1st..
to 2nd week of December ...
I need Xmas money

Don't panic yet, I bought GSK last week Monday in the Morning 6.95, it drop to 6.4 same day. Then on Tuesday it started rising in the Morning hoping to that it will drop in the afternoon just like how it happen on Monday it did not drop and it was on full gear till Friday.

Unfortunately I set buy order at 6.85 and 6.7 on Friday, before I login this morning the order has been filled, my average price is 6.56.

Let wait and see how Market behave this week, anyway I will sell some this week when the price reach 7.2 that will give me at least 7 - 8% profit and my average price will go down to 6.26.

bigjay01:


GSK i bought at 7 on Friday is now being fully offered @ 6.3

chai, market na bastard o

I don set my lootbag for 21.80 and another at 23 while nibbling some afolabi units at 24 this morning. It's a good day.

I expected this. When NBS released the gist of recession..
What some folks didnt see is that they also provided figures that hinted at a recovery.

Mcy56:
Zenith, FBNH, Access are really getting attention despite much offers on ground................
If Zenith should mistakenly get to 20 and below, investors will grab with both hands.............my opinion.......
Zenith, no doubt the most liquid stock on the exchange.....................
Fits into Jijo, short, medium and long term investing..........

samguru:


Everything a newbie needs to know about stock trading has been discussed and demystified here.
If you need further mentorship you can dm all the gurus.
Thank you

I'm taking my time to read previous posts
I sent you a PM already...

nna777:
This ban is getting much oo

Anyway this isn't Biden bull oo. This is local players PFAs and Institutional Investors moving funds to select coys.

Since CBN stopped them from participating in OMO Bills from Nov last year, the last 1yr OMO Bills will be maturing this November. So expect funds to be entering the stock market till December. Be taking your profits as they come because when the locals decide to pull the plug, no be here e go be oo.

With the news of the recession, the plug has been pulled. We dey for sideline dey watch.

kalkah:
Don't panic yet, I bought GSK last week Monday in the Morning 6.95, it drop to 6.4 same day. Then on Tuesday it started rising in the Morning hoping to that it will drop in the afternoon just like how it happen on Monday it did not drop and it was on full gear till Friday.

Unfortunately I set buy order at 6.85 and 6.7 on Friday, before I login this morning the order has been filled, my average price is 6.56.

Let wait and see how Market behave this week, anyway I will sell some this week when the price reach 7.2 that will give me at least 7 - 8% profit and my average price will go down to 6.26.

which broker/ platform?

bigjay01:


I picked up some at 2.33-2.35 on the 17th

Why?

I am not selling this yet, I bought for 2021 in view, It does not matter what the market is doing now.

The way to profit in bear market is dividend. GSK is fasir enough.

kalkah:
Don't panic yet, I bought GSK last week Monday in the Morning 6.95, it drop to 6.4 same day. Then on Tuesday it started rising in the Morning hoping to that it will drop in the afternoon just like how it happen on Monday it did not drop and it was on full gear till Friday.

Unfortunately I set buy order at 6.85 and 6.7 on Friday, before I login this morning the order has been filled, my average price is 6.56.

Let wait and see how Market behave this week, anyway I will sell some this week when the price reach 7.2 that will give me at least 7 - 8% profit and my average price will go down to 6.26.

I am not selling this yet, I bought for 2021 in view, It does not matter what the market is doing now.

The way to profit in bear market is dividend. GSK is fair enough.

kalkah:
Don't panic yet, I bought GSK last week Monday in the Morning 6.95, it drop to 6.4 same day. Then on Tuesday it started rising in the Morning hoping to that it will drop in the afternoon just like how it happen on Monday it did not drop and it was on full gear till Friday.

Unfortunately I set buy order at 6.85 and 6.7 on Friday, before I login this morning the order has been filled, my average price is 6.56.

Let wait and see how Market behave this week, anyway I will sell some this week when the price reach 7.2 that will give me at least 7 - 8% profit and my average price will go down to 6.26.

nna777:


With the news of the recession, the plug has been pulled. We dey for sideline dey watch.