mendes911:
Is this continues into next week, that will be the real koboko. I don't wish for this to happen for the sake of forum members but I pray for it to happen for the sake of my portfolio.

Continue praying, as you are praying so are people with stocks in their portfolio praying too.
You better start cherry-picking small small.

mendes911:


A man will always see what he wishes to see. No need telling you otherwise.

Thanks for your understanding

flourmil trading below 30

currentprice:


you don enter?

Not at all. My statement is that I pray for the bear to continue till end of next week. It will be healthy for my portfolio in the sense that I will buy far lower.

Mcy56:

Continue praying, as you are praying so are people with stocks in their portfolio praying too.
You better start cherry-picking small small.

Cherry pick what nawww? Agba taught me to be a grave robber. One perfect grave robbery per year is enough for me. I don't aim to partake of all bull ride.

I might start cherry picking once the bears decends on GTB and Zenith. GTB and Zenith going on full will affect every other stock on NSE. That's what am waiting for.

currentprice:
flourmil trading below 30

It is going to my N22 bus stop

safepaulooo:
AVOID HERD MENTALITY. HAVE THE COURAGE TO THINK DIFFERENTLY. The present widespread sell-off mentality will be counterproductive. This is what the GAME-MASTERS want you to do. At a time you think not, BULL will hit this market. Late arrival is part of the GAME. Economic fundamentals indicate this is the time to be in the market not out.

Protect your capital first and foremost !!!

Transcorp at N1.10 might be juicy. Just 20% more to go.

Can someone please check on FXUser? This is the time to be our brothers keepers!

Willie2015:


Protect your capital first and foremost !!!

God bless you...been hearing the same story since February, about this period being the best time to be in the market...

RabbiDoracle:


It is going to my N22 bus stop

hmmm 22

Yayira:
Zenith every stage is a battle.

CP gave zenith a buy at 26 but all these 23 gangs no let person see road or think straight. The way they’ll talk ehn, you no go know when you follow them dey wait for the impossible.

I don’t cry over spilt milk but missing Zenith and CCNN, I will always regret not buying when their prices were so F**king good

They are both cheaper now

Willie2015:


Protect your capital first and foremost !!!

Foreign investors in action, they don't want to be taking unaware, politician that needed money for both primary and general election are also pulling out to avoid lack of cash due to portfolio reduction, election Bear in action.

This is how MMM took their people unaware, many was planning to leave them by December while they close down by November.
Likewise in stock they know that very soon many will sell to hold on for election, so Foreign investors and politician decided to started early.

LOCODEMY and IHEDIORAMMA are ready and willing to welcome members who wishes to sell and face their business till after election.

mendes911:
Transcorp at N1.10 might be juicy. Just 20% more to go.
Can someone please check on FXUser? This is the time to be our brothers keepers!

You self. You too get mouth. Do you know his investment plan?

The forces fighting Fidelity no be here. Seems those forces are just bent on pulling it down by force. Surprising thing is that people kept on buying these stocks inspite of price fall. Wonders of NSE!.

mendes911:

Transcorp at N1.10 might be juicy. Just 20% more to go.

Can someone please check on FXUser? This is the time to be our brothers keepers!

This stock was at 1.8 before na. What happened?

Peter again?

Mcy56:

You self. You too get mouth. Do you know his investment plan?

The forces fighting Fidelity no be here. Seems those forces are just bent on pulling it down by force.

Am trying to draw Sir FXUser out. He remains my boss. I haven't heard from him since yesterday.

Mcy56:

You self. You too get mouth. Do you know his investment plan?

The forces fighting Fidelity no be here. Seems those forces are just bent on pulling it down by force. Surprising thing is that people kept on buying these stocks inspite of price fall. Wonders of NSE! .

The signs were there last week and became very glaring towards end of the week. I was surprised when most of us were hoping on the bull's return this week.

On the bolded, I was once averaging down UBA from about N8 all the way to below N2. I have been through and it's a rough path to follow. Very rough.

Mcy56:

You self. You too get mouth. Do you know his investment plan?

The forces fighting Fidelity no be here. Seems those forces are just bent on pulling it down by force. Surprising thing is that people kept on buying these stocks inspite of price fall. Wonders of NSE!.

There is an opportunity for you to sell your fidelity now at 1.92.
Next week the bears will descend on the stock like never before.

SELL FIDELITY NOW AND BUY BACK AT 1.20.

PETERiCHY:
SELL in MAY and GO AWAY
Una no gree now Mr. Market is slapping all man

*ThE OcToPuS*

Since the Bear kidnapped the much anticipated bear there's no respite till after Ramadan...

So BARGAIN HUNTERS sharpen your cutlasses. 2018 is the GAME. Only PIGS gets slaughtered.

*ThE OcToPuS*

https://www.premiumtimesng.com/news/headlines/269541-exclusive-nigeria-in-big-trouble-as-n2-7-trillion-fine-threatens-collapse-of-economy.html

Have we all seen this?

Mcy56:

You self. You too get mouth. Do you know his investment plan?

The forces fighting Fidelity no be here. Seems those forces are just bent on pulling it down by force. *Surprising thing is that people kept on buying these stocks inspite of price fall*. Wonders of NSE!.

Some of the buyers are long termers so the immediate buzz is not so much of a concern to them.

Dwizeone:


Some of the buyers are long termers so the immediate buzz is not so much of a concern to them.

Not until their stop loss gets triggered.

Diamondbk. Fidelitybk and FCMB the 3 musketeers plus Transcorp are all heading back to sub N1:00k where they came from .

"Don't say you weren't WARNED!!!

*ThE OcToPuS*

mendes911:
The signs were there last week and became very glaring towards end of the week. I was surprised when most of us were hoping on the bull's return this week. On the bolded, I was once averaging down UBA from about N8 all the way to below N2. I have been through and it's a rough path to follow. Very rough.

Okay. I can understand that you got toughen by past experience anyway.

mendes911:


Am trying to draw Sir FXUser out. He remains my boss. I haven't heard from him since yesterday.

Issorite!

RabbiDoracle:


Don't always believe this.

Start now and run down Nestlé and let's see where you will get to.

why do u choose nestle out of all? there s scarcely a time there was uncertainty about nestle, the outstanding share is quite slim, more in d hands of parent owners. they have strong track record. is not a regular naija company with 50b shares, with very crooked and unreliable management. and one of d dynamics is that if they under report, they wount have enough to repatriate

currentprice:
chai! DF open at 9.10

bear bear have mercy now

We are already approaching the 7 naira bus stop earlier than we anticipated.

PETERiCHY:
Diamondbk. Fidelitybk and FCMB the 3 musketeers plus Transcorp are all heading to sub N1:00k don't say you weren't WARNED!!!

Question:

If this kind of bear is on rampage in May, What is the outlook for August?

rationalmind:


They are both cheaper now

FYI I sighted CCN at 14 But was waiting for pull back.. So it’s not cheap yet.
As for Zenith, it’s still trending around the price I would have bought (26).. quote me when they traded below these prices oga

davide470:
https://www.premiumtimesng.com/news/headlines/269541-exclusive-nigeria-in-big-trouble-as-n2-7-trillion-fine-threatens-collapse-of-economy.html

Have we all seen this?

I think it is exaggerated.

More details can be found here

https://www.lexislegalnews.com/articles/25209

Case still in court and there is full disclosure by FG.

currentprice:


hmmm 22

There is great slaughters going on, on the broad street and blood is every where. This is the beginning of the end

davide470:
https://www.premiumtimesng.com/news/headlines/269541-exclusive-nigeria-in-big-trouble-as-n2-7-trillion-fine-threatens-collapse-of-economy.html

Have we all seen this?

Yes since yesterday morning.. OBJ and Goodluck no pay na Bubu go come pay ? That man still suffering from all the rubbish those past government cause sha. The best for me now is to take my money out of Nigeria completely

locodemy:
There is an opportunity for you to sell your fidelity now at 1.92.
Next week the bears will descend on the stock like never before. SELL FIDELITY NOW AND BUY BACK AT 1.20.

Thinking of converting it to long term then average down when bottom price is sighted. Thanks anyway.

Market is not smiling at all
If you are still inside, are you trying to average down, or you willingly want to downsize your capital?

What goes up must surely come down. The way market moves up in January, is the way the stocks are coming down.