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Stock below 2008/2009 GFC panic price crash
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QD
#11 Posted : Thursday, November 22, 2012 9:27:32 AM
Rank: Member

Joined: 8/5/2009
Posts: 597
So how long term is long term and on the flip side can one list top ten stellar stocks in the same period of 5 years ?/
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
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Mainat
#12 Posted : Thursday, November 22, 2012 1:12:46 PM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Seeing EA Cables up there reminds me of this stockskenya pundit who bought some EA Cables at Ksh900 (Ksh90 in today's price equivalent) in early 2007 and then came in here crowing about it...
Sehemu ndio nyumba
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sparkly
#13 Posted : Thursday, November 22, 2012 1:46:27 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Mainat wrote:
Seeing EA Cables up there reminds me of this stockskenya pundit who bought some EA Cables at Ksh900 (Ksh90 in today's price equivalent) in early 2007 and then came in here crowing about it...


One thing this market has taught me is that its almost always best to go defensive. Stick to beer, tobacco, newspapers, big banks, foodstuffs and basic consumer goods. Never heard of EABL, NMG, BAT or BBK in loss territory.
Life is short. Live passionately.
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