webizone:


What are those? Coins?

Yea, the latest crypto

Coolcash1:
https://punchng.com/nigeria-heading-for-recession-in-q4-2020-fg/

Winter is coming

webizone:
Ok guys, what do you guys think about Seplat @ #347.40?

It looks, in my eyes, as trying to get the 100,000 units threshold to drop to that price and go further down. Be careful.
The screenshot below may give you an insight.

How exactly do operators fool the retail investors in the stock market?

To understand how operators fool innocent investors and make a killing themselves by playing with micro cap shares, let us take this example (I’ll follow it up with a real life example as well):

Sly Operator’s Name: Chulbul
Innocent Investor’s Name: Pandey
Stock: Dabang Ltd.

Chulbul owns 1,00,000 shares of Dabang Ltd., a small cap firm.

It is a long term holding but Chulbul wants to make money every now and then out of his rather large holding.

Chulbul knows well that all investors follow an age old adage that says “price action always follows volumes.”

Chulbul also knows that many investors keep an eye on stocks whose volumes are increasing and tend to jump in when they see a spike.

So, here’s what Chulbul does:

He notes that Dabang Ltd. is either holding steady or falling or in an uptrend or has not reacted to news, and there are no spikes in its average traded volume.

Here’s what he does:

Chulbul fills in a sell order at the going rate for 10,000 shares, and discloses 1000.

The quantity is picked up after some time.

Chulbul enters another sell order for 10,000 or 20,000 shares and discloses 10% of the quantity. He also enters a BUY of an equal number of shares (of his previous order) at Rs 1 lower than his selling price.

By the time the new sell order is absorbed, volumes spike up. Many investors looking at the volumes get excited.

At this time, our innocent investor Pandey gets all excited at the spike in volumes and he picks up 5,000 shares of Dabang Ltd.

Chulbul meanwhile keeps selling Dabang Ltd. until 1,00,000 shares are absorbed.

At this time, or sometime before, buyers realize that someone is selling out. Many buyers cannot afford to take deliveries or pay margins because they are day traders.

They panic. Pandey panics too.

Most day traders and those who do not want to hold the stock start selling out.

Dabang Ltd. falls by Re 1.

Chulbul mops up whatever quantity he sold, makes a cool Re 1 buck per share (net 93-95 paise per share after intraday brokerage plus taxes).

Even if Chulbul could sell and buy 40,000 shares, he would make a cool Rs 36,000+ in a matter of a few hours.

Even if he loses some paise per share, he will know that he has spurred interest in the stock and if he keeps up his game, he will make a bigger killing in a few days.

That’s cool money to make without taking a risk.

Now here’s a real life example:

Know that I am not accusing anyone of manipulating investors.

I am pointing out a transaction in which an investor bought and sold the same number of shares on a given day at different prices.

The following screenshot is from the NSE bulk deals page on 3 August 2017.


You will see that in this case, the investor incurred a loss of 6 paise per share on a transaction of 1,45,000 shares.

But that’s not the end of the story. It’s the beginning.

Now check the historical data of the same stock:


Here’s your proof:

AMD Industries volumes were hovering around 7,000 per day and the price was around 29 before operator/s got into the game.

The volumes per day climbed to 1,43,800 and then to 3,50,000 and then to 5,95,000 in 3 days.

The stock spiked from 29 to a high on 35.90.

Today, on 4 August 2017, the price has settled down to 32. I assume that by this time the operator would have made a large packet.

Please note that I am not accusing anyone, I am merely pointing out that this is how BSE and NSE operators can work to make easy money. There is nothing illegal in this activity because they will be paying taxes on market gains.


https://bullbull.in/market-iq/how-stock-market-operators-trick-investors-and-traders/

OBAGADAFFI:


Winter is coming

Makes no difference to the common man really. Except few like government workers that will be owed salaries.

Wiseoldman:


Makes no difference to the common man really. Except few like government workers that will be owed salaries.

You are wrong bro. Nigeria as whole is a system and if one part of it is down it will affect the other parts as well. Maybe, not to the same extent or at exactly same time but everyone will feel the impact. It is all connected just like the human body.

Hello house,

I have been trying to buy stocks of 'Dufil prima foods' Plc, can someone please help.

Thank you.

Coolcash1:
https://punchng.com/nigeria-heading-for-recession-in-q4-2020-fg/

Thats no news for the masses......How can you not go into recessesion when ur commodity markets are opened every other day.........The private sector is already bearing the effects.....Govt only notices when there is a dip on their revenue.......Any way them go tire and think of a way out

My book shelves.

More ...

3 STEPS TO AVOID FAILURE IN PHYSICAL AND SPIRITUAL ENDEAVORS

https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/29#91574344

Deadlytruth:

It looks, in my eyes, as trying to get the 100,000 units threshold to drop to that price and go further down. Be careful.
The screenshot below may give you an insight.

Which site is that?. assume it's wel detailed. or is there any other showing real time information on daily trades and quotes.
Thanks

ositadima1:
More ...

Egg-head

OBAGADAFFI:


Winter is coming

Nigerians will suffer it. Both the poor and the rich.


And this too will surely pass.

IYGEAL:


Yea, the latest crypto

RabbiDoracle:


Nigerians will suffer it. Both the poor and the rich.


And this too will surely pass.

We are already suffering it.

Du what?! What's happening there?

Gopulence:
Hello house,

I have been trying to buy stocks of 'Dufil prima foods' Plc, can someone please help.

Thank you.

Coolcash1:
https://punchng.com/nigeria-heading-for-recession-in-q4-2020-fg/

I think we are already in Recession. When we are getting out should be the next discussion.

ositadima1:
My book shelves.

Excellent bro...
One way to improve in the art of investing is to read voraciously...
Thumbs up...
I still prefer physical books though...

DrAwo:

Excellent bro...
One way to improve in the art of investing is to read voraciously...
Thumbs up...
I still prefer physical books though...

Physical books are nice, but I am a lazy reader because my eyes get tired easily. The reader I am using has a text to speech engine. I listen to the books mostly, except for charts and images. And, the text to speech engine is very good, almost indistinguishable from real human speech.

RabbiDoracle:


Egg-head

ositadima1:


Physical books are nice, but I am a lazy reader because my eyes get tired easily. The reader I am using has a text to speech engine. I listen to the books mostly, except for charts and images. And, the text to speech engine is very good, almost indistinguishable from real human speech.

Name of the reader pls....

Gopulence:
Hello house,

I have been trying to buy stocks of 'Dufil prima foods' Plc, can someone please help.

Thank you.

Not in NSE.
Go to NASD OTC. Most stock brokers deal on NASD, so enquire from your broker.
If there is any positive news about the company, you can as well share.

Tochex101:


Name of the reader pls....

Moon+ Reader Pro
After installing you can then experiment with various voices and select the one that you like best. One more thing, it is a paid version.

machine606:

Which site is that?. assume it's wel detailed. or is there any other showing real time information on daily trades and quotes.
Thanks

NSE live trades display as seen through Morgan's platform.

Deadlytruth:

NSE live trades display as seen through Morgan's platform.

Dalu rinne

seyisanya:
You nailed it, madam. From now until COVID-19 leaves us, even if one must JiJo, the trading must be done in dividend-paying stocks else it might lead to PREMIUM tears. For me and my household, any stock on the NSE that doesn't pay a reasonable dividend(not a kobo-kobo dividend) has no place in my portfolio. #ICAN'TKILLMYSELF.

Hello seyisanya,

Please could you give me like 5 of such listed stocks apart from Zenith, GTB, Dang Cem, Wapco

Thanks

UCAP Might Be Good To Add Into Your Portfolio
With the stock recent corrections seem completed, the stock could be ready for another upside run. Entry between 2.60 & 2.65 may possibly be good entry as well.

For more market opportunities, check my weekly market review on YT. Overlook my "Uhmmms" & concentrate on the info

https://www.youtube.com/watch?v=gWCNOuwat10


PLAN YOUR TRADES AND TRADE YOUR PLANS

Alaska90:

Hello seyisanya,
Please could you give me like 5 of such listed stocks apart from Zenith, GTB, Dang Cem, Wapco
Thanks

Stocks with the highest dividend yield over a 5 year period...

DrAwo:

Stocks with the highest dividend yield over a 5 year period...

These aren't the current Dividend Yields o.