mendes911:

But that's wrong naaa. You should always provide update, either in good times or otherwise. Let me take over from you. BTW, why would you leave UBA and go for FCMB?

I'm still in UBA.
FCMB just looks good to me. Though not a fan of banking stock, just entered for 10% gain ni.

Mcy56:

No one says anybody should buy Access at N12. I've read it severally from Oga Rabbi's post too.
They only said Access will get to N12.....and will move past but not so quickly............or something like that. That's what I recalled sha.

When banks were selling at their highs, some newbies came and people advised them to keep buying. Then it was a strong sell sef.

Is market some supposed to be going down during earning season. Yes, the market is irrational but NSE is all shades of odds. It goes lower, people will buy more.

It's not advisable to keep abreast of the stock market during your day job. Especially on a red day. Two people have asked if I'm okay. Na to look at pricelist in the evening.

RabbiDoracle:


When banks were selling at their highs, some newbies came and people advised them to keep buying. Then it was a strong sell sef.

Nobody advices anybody. Take it from me. Anybody buying already has his/her mind made up and only looking for a reason to validate his position. The same reason people sell. Whether newbie or old timer. People will always buy when they feel like buying and think it is right to buy.

owoblow77:
It's not advisable to keep abreast of the stock market during your day job. Especially on a red day. Two people have asked if I'm okay. Na to look at pricelist in the evening.

Hahaha. Worry less bro. Market will always be market. The overall goal is win more than you lose.

mendes911:
FCMB:
Attempting to go below N1.78 that Mcy56 bought today (village people at work). If that 1.77 gets broken, gravitational force takes over.

Keep throwing stone sir.
We'll be here to support Peter when he descends on you with memes.

Please OANDO result unaudited Q4/FYE 2019, has it been released?

mendes911 and Mcy56, you people will not kill someone with laughter.

what do you want to do with this result? They will pay penalties. The result will still go to FRC( Financial Reporting Council. Coys that have going concern issues must always get clearance for the FRC before the accounts are released to the public.

eziokwunwoko:
Please OANDO result unaudited Q4/FYE 2019, has it been released?

Mcy56:

Keep throwing stone sir.
We'll be here to support Peter when he descends on you with memes.

Taaaaa, Peter that's on life support with 10 broken ribs? Have you heard from him in days? See him below.

I wonder what will happen when WAPCO hits N12.50..... But if Union Diagnostics didn't kill him, WAPCO won't either.

UBA 7m units support bid at N7.50 broken and thrashed into pieces. Ayam tired!

Next support is presently unknown. Mcy56, over to you.

PharmAlfred:
Is market some supposed to be going down during earning season. Yes, the market is irrational but NSE is all shades of odds. It goes lower, people will buy more.

Gbam, as was the case especially in 2014 (or thereabout). Whenever a company released a good result, the share price tanked!

It has happened in the recent past, it can happen again.

mendes911:

FBNH attempting to break 6.05 and 6.00 wall. Once that is done, ati full off take over (did I get the yoruba right?)

Update:

Support wall at N6.05 increased from 1.5m units to 4m units (disappointing). Some people want to try God, Ohok naa. Lets wait and see.

mendes911:
Taaaaa, Peter that's on life support with 10 broken ribs? Have you heard from him in days? See him below....

bigjay01:


yes, as was the case especially in 2014 (or thereabout). Whenever a company released a good result, the share price tanked!

It has happened in the recent past, it can happen again.

Oga BJ, remember what I was asking you is what happened in 1973 will happen again? I guess you summed it up.

Keep an eye on ...

call me messenger of doom, but leave the messenger alone

Today's dumping is much. End of it is not far.
I will still suggest that people, especially newbies should not panic sell at loss.
We've been here before. It wouldnt continue like that.

Mcy56:
Today's dumping is much. End of it is not far.
I will still suggest that people, especially newbies should not panic sell at loss.
We've been here before. It wouldnt continue like that.

LOL. I remember Mrs. Ndi Okereke-Onyiuke saying a smimiliar thing in 2007.

I AM TRACKING THE STOCK( I DONT SHARES IN OANDO).

rebekah2011:
what do you want to do with this result? They will pay penalties. The result will still go to FRC( Financial Reporting Council. Coys that have going concern issues must always get clearance for the FRC before the accounts are released to the public.

mendes911:
UBA 7m units support bid at N7.50 broken and thrashed into pieces. Ayam tired!
Next support is presently unknown. Mcy56, over to you.

Chai! Na you get today. Keep looking for bargain upandan.
Anyway, me I'll continue to watch for bottom here - when the price fall will be bottoming-out.

Mcy56:
Today's dumping is much. End of it is not far.
I will still suggest that people, especially newbies should not panic sell at loss.
We've been here before. It wouldnt continue like that.

What of selling and then buying back when it drops even further

Oga please allow your tracker to miss its target ooooo

eziokwunwoko:
I AM TRACKING THE STOCK( I DONT SHARES IN OANDO).

Awaiting for UBA, NAHCO, JB TO DROP FURTHER TO RELOAD.

rebekah2011:
Oga please allow your tracker to miss its target ooooo

ebuka1997:
What of selling and then buying back when it drops even further

Yes. You can sell and buy back if the loss is minimal or if you're still in profit.
Only that no one can predict market movement. It can reverse anytime.
It confuses chartists at times self.

These ones are better. Allow your tracker to hit these

eziokwunwoko:
Awaiting for UBA, NAHCO, JB TO DROP FURTHER TO RELOAD.

mendes911:


Update:

Support wall at N6.05 increased from 1.5m units to 4m units (disappointing). Some people want to try God, Ohok naa. Lets wait and see.

Oga mi Mende M....Na u be commentator during the Bear season now

Commenting live from Mende village

Wapco, Nahco, UACN...................holding firm still......

lancee:
Oga mi Mende M....Na u be commentator during the Bear season now
Commenting live from Mende village

Dont mind him with his 'tear shirt' live updates.

Its good to see that discussions are still going on in spite of the "red letter day".
Investors should not have a problem with their portfolio based on the fundamental reasons they invested.
Jijoists will feel the pinch, but that's the way the market works.
Its a crests and troughs (ups and downs) cycle that any body can predict.
The timing of predictions has remained man's greatest flaw. For example, no TA or FA could have predicted the coronavirus.
The accuracy of prediction remains in the hands of Mr. Market.

Dumping subsides in Zenith, UBA, FCMB, FBNH and GT...............
Sterling bank................not in coverage area. Was over-priced before now.

**Updates is in no way telling you to buy or sell.

OakPearl:
Its good to see that discussions are still going on in spite of the "red letter day".
Investors should not have a problem with their portfolio based on the fundamental reasons they invested.
Jijoists will feel the pinch, but that's the way the market works.
Its a crests and troughs (ups and downs) cycle that any body can predict.
The timing of predictions has remained man's greatest flaw. For example, no TA or FA could have predicted the coronavirus.
The accuracy of prediction remains in the hands of Mr. Market.

Don't underrate awon maami iyemoja