If you bought it today @ 36.75 and the share already touched 40 today...note these tradings happened same day. if you do the maths...uko mbele. If demand still continues, you wait till you see when things are about to turn around...and you sell...mara that! that! Or if you trade like me...you sell in bits and you had extra nic you could have made money same day...

What if after buying at 4/= the price goes even lower. This is NOT a hypothesis. Most counters have not recovered to 2006 levels. Barclays Bank was 90/= at one time and will not get back there soon (am aware of the split). KQ was 90/- and will not get back there soon. Aceess was 32/- , yes 32/- at one time and will not get back there in our lifetime. The formula is okay if you sell at 8/= buy at 4/- and sell again at 8/-. But you could also buy at 4/- and come down to 1/- which I think is where Mumias is headed.

@amolo. You are very right, timing is of utmost importance here as we may never know if they touched a low.
I bought express kenya (my worst of all time) at 24 in 2007 and sold at 18 and when i rebought the shares at 11 i thought i am a genius. I had to dispose them late last year, guess at what price.

@lovely, nice formula though highly probablistic. i think i will put it into practice n see

Buy sell same day. Do you mean you buy shares (lower price) while selling others that you had of the same counter at a higher price?! That‘s thoughtfull and it is the way to make money esp when there are large swings.