RabbiDoracle:


Hmmm...

Are they trying to raise capital for a shortfall they are yet to explain?

Remember they issued $400million bond last october. That bank cooked its books. https://www.proshareng.com/news/STOCK%20&%20ANALYST%20UPDATES/Fidelity-Bank-Successfully-Issues-$400-Million-Eurobond/36779

Mpeace:
Remember they issued $400million bond last october. That bank cooked its books. https://www.proshareng.com/news/STOCK%20&%20ANALYST%20UPDATES/Fidelity-Bank-Successfully-Issues-$400-Million-Eurobond/36779

Yes I know they issued eurobond in October.

Thank God I'm out of it.

Talking about illiquid stock, nobody mentioned Portpaint and Transexpr. These two dont send bull or bear. So also Continsure..... but this one seems to be working with weather.

Mcy56:
Talking about illiquid stock, nobody mentioned Portpaint and Transexpr. These two dont send bull or bear. So also Continsure..... but this one seems to be working with weather.

Looks like you want to singlehandedly take over insurance in Nigeria

My problem with Continsure is it seems quite volatile compared to other illiquid stocks. One day it's closing on full bid, the next it's back to full offer....Can't deal

investman:


Oga currentprice pls what of the share reconstruction they said would take place in CILEASING, will it not make it unsafe to invest in it?? Please explain sir!

The reconstruction issue is what has actually kept me away from C&I. The matter is currently been processed by NSE. So, they will come up with the suspension of trading on C&I anytime not known to you and I except the insiders, that means that they will force the reconstruction on those already in the stock without any option.

Well, good luck to those that are cruising in the stock, I don't think I want to have a taste of reconstruction in any stock I enter.

rationalmind:
Looks like you want to singlehandedly take over insurance in Nigeria
My problem with Continsure is it seems quite volatile compared to other illiquid stocks. One day it's closing on full bid, the next it's back to full offer....Can't deal

Lol ...... maybe Im obsessed with them.

Continsure is one stock that is undervalued in my opinion and the market wasnt favourable at. Nem should not even be selling above its share price but the market is just sentiment driven sometimes.

Mcy56:

Lol ...... do you know I had M. Benefit but sold it at loss when I cant read positive info about the company and it kept shedding price, my mind was however saying I should just leave it. Its price has stabilize now and it pained me.

Continsure is one stock that is undervalued in my opinion and the market wasnt favourable at. Nem should not even be selling above its share price but the market is just sentiment driven sometimes.

In my little experience, you stand a lot more to gain when you respect your stop loss

I mean, sometimes, a stock gets to your stop loss, you sell, then it rallies. However, more often than not, most stocks continue in their downward journey after you must have sold at your stop loss.

Thing is, the mind is conditioned to always remember those that rallied after selling at a loss. It's why you'll keep remembering your M. Benefit

rationalmind:
In my little experience, you stand a lot more to gain when you respect your stop loss
I mean, sometimes, a stock gets to your stop loss, you sell, then it rallies. However, more often than not, most stocks continue in their downward journey after you must have sold at your stop loss.
Thing is, the mind is conditioned to always remember those that rallied after selling at a loss. It's why you'll keep remembering your M. Benefit

Chai! You quoted me already
Honestly, it can be painful if it started gaining after you sold at loss, it affected my portfolio so much and my mind dont just want to let go easily.......but you are very right that it might still continue its downward journey sometimes.
It's good to respect the stop loss, however, if one have enough fund, I think its better to just leave it till the day Mr. Market will smile on it again (if its a fundamentally sound stock anyway).

Mcy56:

Chai! You quoted me already
Honestly, it can be painful if it started gaining after you sold at loss, it affected my portfolio so much and my mind dont just want to let go easily.......but you are very right that it might still continue its downward journey sometimes.
It's good to respect the stop loss, however, if one have enough fund, I think its better to just leave it till the day Mr. Market will smile on it again (if its a fundamentally sound stock anyway).

Agreed. The bolded is the koko. Those of us who trade with community money don't have that luxury of time.

In fxuser's voice, may liquidity fall on us

Wetin una talk say happen to Fidelity?
Make una no poor sand sand for my garri o

Agbalowomeri:
Wetin una talk say happen to Fidelity?
Make una no poor sand sand for my garri o

Sand sand for garri wey don form shit already?

Mcy56:

Chai! You quoted me already
Honestly, it can be painful if it started gaining after you sold at loss, it affected my portfolio so much and my mind dont just want to let go easily.......but you are very right that it might still continue its downward journey sometimes.
It's good to respect the stop loss, however, if one have enough fund, I think its better to just leave it till the day Mr. Market will smile on it again (if its a fundamentally sound stock anyway).

Replace the bolded with 'If your position size is right'.....

Agbalowomeri:
Wetin una talk say happen to Fidelity?
Make una no poor sand sand for my garri o

Agba, e don reach the turn of your own stock too

Let me come and be going......

IchimokuPilot:
Replace the bolded with 'If your position size is right'.....

Prof, how I go replace am with the statement wey I no know im meaning now
Abeg pieces am for me, explain in simple english

Mcy56:

Agba, e don reach the turn of your own stock too

Let me come and be going......

Wait for me legbegbe

Agbalowomeri:
Wait for me legbegbe

Wait ke! After receiving stern warning from Vee?
Mercy self dey monitor from one side....... abeg o, na my jeje I dey go, me na jejemama, female version of jejebaba

#SpeedOnMyLegs#

Mcy56:

Wait ke! After receiving stern warning from Vee?
Mercy self dey monitor from one side....... abeg o, na my jeje I dey go, me na jejemama female version of jejebaba

#SpeedOnMyLegs#

I go do you je je je jejely o

Agbalowomeri:
I go do you je je je jejely o

Agba you are not serious, which Stock is this one you mentioned? Is it under 'debt' or 'equity' category?
This teenager here does not know what you are talking about.

Mcy56:

Agba you are not serious, which Stock is this one you mentioned? Is it under 'debt' or equity category?
This teenager here does not know what you are talking about.

That is why I am reassuring you

Agbalowomeri:
That is why I am reassuring you

No thanks. I jump pass. Let me come and be going, in fact increase my pace now before vecovee will come and meet me here.
Valacious self will be angry.

Mcy56:

No thanks. I jump pass. Let me come and be going, in fact increase my pace now before vecovee will come and meet me here.
Valacious self will be angry.

https://www.youtube.com/watch?v=Y4miw7yN5bY

Agbalowomeri:
https://www.youtube.com/watch?v5bY

Agba you dey derail this thread ba? My hand no dey there o.

Mcy56:

Prof, how I go replace am with the statement wey I know im meaning now
Abeg pieces am for me, explain in simple english

You have a total of say 250K in the market.
You decided that you will NEVER put more than 25K in any stock.
Your position size therefore is 25K.
This will get you into 10 stocks if you are completely invested.
If any stock/position enters a fiery trance, you can have less worry and WANAJOSTICALLY ignore the stock for over 10yrs without caring.
However, if you feel too greedy or adrenalin triggered for short term geometric gains, and use the 250K on one trade, that is when you will be FXUSERISTICALLY confronted with an extremely TIGHT stop loss, else your trading career may be looking over an ugly cliff.....

^^^^

IchimokuPilot:

You have a total of say 250K in the market.
You decided that you will NEVER put more than 25K in any stock.
Your position size therefore is 25K.
This will get you into 10 stocks if you are completely invested.
If any stock/position enters a fiery trance, you can have less worry and WANAJOSTICALLY ignore the stock for over 10yrs without caring.
However, if you feel too greedy or adrenalin triggered for short term geometric gains, and use the 250K on one trade, that is when you will be FXUSERISTICALLY confronted with an extremely TIGHT stop loss, else your trading career may be looking over an ugly cliff.....

Wow! Explanation well understood.

Lol @ the analogies .... I think the Wanajostical method is really great. The Fxuseristical method of investing is not bad too if someone can target the relatively bottom price or stocks with good fundamentals.

Let me categorically say that you guys here are indeed awesome! I love the good spirit being displayed here - willingly rendering free service/info and I love the fact that you dont look down on anybody. The Ogas here are really amazing.
I felt honoured at your various responses at different times, even at the questions I playfully asked. I'm learning here and believed others are too.
May you be richly blessed. You are all appreciated!

IchimokuPilot:


You have a total of say 250K in the market.
You decided that you will NEVER put more than 25K in any stock.
Your position size therefore is 25K.
This will get you into 10 stocks if you are completely invested.
If any stock/position enters a fiery trance, you can have less worry and WANAJOSTICALLY ignore the stock for over 10yrs without caring.
However, if you feel too greedy or adrenalin triggered for short term geometric gains, and use the 250K on one trade, that is when you will be FXUSERISTICALLY confronted with an extremely TIGHT stop loss, else your trading career may be looking over an ugly cliff.....

They said he is not the drugged professor

Mcy56:

Wow! Explanation well understood.

Lol @ the analogies .... I think the Wanajostical method is really great. The Fxuseristical method of investing is not bad too if someone can target the relatively bottom price or stocks with good fundamentals.

Let me categorically say that you guys here are indeed awesome! I love the good spirit being displayed here - willingly rendering free service/info and I love the fact that you dont look down on anybody. The Ogas here are really amazing.
I felt honoured at your various responses at different times, even at the questions I playfully asked. I'm learning here and believed others are too.
May you be richly blessed. You are all appreciated!

Hmmmm

Agbalowomeri:
Hmmmm

Thou shall not think otherwise

Mcy56:

Thou shall not think otherwise

I like free things

Agbalowomeri:
I like free things

Agbalowomeri:


I like free things

Your eyes no dey see women?leave our mcy alone!your assurance is calling you downstairs!Talking of free things,big ups to cheif loco,who locodestically declared free drinks for all.you have done it before,you can still do it again!lol