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mwekez@ji
#101 Posted : Friday, June 08, 2012 12:14:25 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Sober wrote:
volumes speak volumes.
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hisah
#102 Posted : Friday, June 08, 2012 2:31:15 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
The slide begins today heading sub IPO price... Will be slow the price discovery due to anaemic volumes.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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VituVingiSana
#103 Posted : Friday, June 08, 2012 11:05:25 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
It will be a slow slide since the sellers have no incentive to sell it at lower prices & buyers have no reason to buy it at 10% lower than the VWAP.

Until it goes to sub-10, I do not see any reason to look at it. I doubt the profits will rise sufficiently in 2012 (over 2011) to merit the current price.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mwekez@ji
#104 Posted : Saturday, June 09, 2012 8:19:46 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:
mwekez@ji wrote:
VituVingiSana wrote:
guru267 wrote:
VituVingiSana wrote:
but don't you like Longhorn? You have been raving about it's prospects! Laughing out loudly Laughing out loudly Laughing out loudly

I repeat. I have never been interested in owning longhorn.. i was merely pointing out it will not follow the direction of TCL...
Anyway, I find it pricey & wish I could short it... but a pity it's not allowed! What I see is a price that will stagnate since the Sellers are limited while most buyers will stay away unless it goes sub-10

Even if shorting was allowed, you would still be handicaped coz there are no buyers. For instance, total demand today is 2,300 shares against a supply of 160,000 shares. True, Longhorn belongs to sub 10
Well, there is always a sucker! My concern would be the Short Squeeze!

Tru tru. When will our market grow to allow shorting. Some counters would see faster price discovery and bulls and bears would slaughter the pigs BIG TIME
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QW25091985
#105 Posted : Saturday, June 09, 2012 11:55:52 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
LOL> @ guru 247 . when will u ever have a stand . now you dnt like longhorn ?
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guru267
#106 Posted : Saturday, June 09, 2012 9:43:04 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
QW25091985 wrote:
LOL> @ guru 247 . when will u ever have a stand . now you dnt like longhorn ?


@qw25091985 When will you ever stop thinking and acting like a fool??

Just because i dont buy a stock does not mean i do not like it.. Neither does it mean that its share price will not perform well...
Mark 12:29
Deuteronomy 4:16
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Kwanini
#107 Posted : Friday, August 10, 2012 11:54:41 AM
Rank: Member

Joined: 1/28/2009
Posts: 353
Location: Cloud
any one know whether they have appointed the next CEO when the current one exits this September?

"For i am the master and the captain of my fate"
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mwekez@ji
#108 Posted : Thursday, September 13, 2012 8:24:11 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Profit warning, pap!
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mwekez@ji
#109 Posted : Thursday, September 13, 2012 9:17:25 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
The profit warning we long ago saw coming: http://t.co/zFT0pxAZ
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VituVingiSana
#110 Posted : Thursday, September 13, 2012 9:18:51 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
On 8th June 2012:
VituVingiSana wrote:
It will be a slow slide since the sellers have no incentive to sell it at lower prices & buyers have no reason to buy it at 10% lower than the VWAP.

Until it goes to sub-10, I do not see any reason to look at it. I doubt the profits will rise sufficiently in 2012 (over 2011) to merit the current price.
On 13 Sep 2012, a profit warning. Enjoy.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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