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Pump & Dump Schemes at the NSE
Rank: User Joined: 7/12/2011 Posts: 21
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FOsiemo10M wrote:@Sisqo-Kengen describes what you are talking about. The reaction of the market today goes to prove my theory. You cannot prop up a house made of cards for long. Something has to give. All counters are falling. I cannot explain what Transcentury is doing. Even there, l watch and laugh. This is just beautiful mess to say the least.
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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How would they be able to predict what happens tomorrow?If they could wouldn't they just invest? Uncertainty is certain.Let go
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Rank: Veteran Joined: 11/11/2006 Posts: 972 Location: Home
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You can mistake Kengens intraday graph for a seisomgraph. Its swinging wild. 
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Rank: New-farer Joined: 11/12/2012 Posts: 92
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the only scenario I can picture is that the foreigners have discounted the elections threat and have already bet on peaceful elections.
Now they hold tons of stock....how do they dispose em? I bet after the small euphoria after elections they will sell into the post election rally ....when you have size you get out when the market lets you not where you want to.
The question is; can wanjiku keep this thing running?
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Rank: Elder Joined: 6/23/2009 Posts: 13,557 Location: nairobi
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wat insane amounts of money would one need to 'pump and dump' high cap counters such as KCB & SCOM? kuna mtu hapa anaropokwa
COOP 70,000 ABP 15.20; HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: User Joined: 7/12/2011 Posts: 21
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obiero wrote:wat insane amounts of money would one need to 'pump and dump' high cap counters such as KCB & SCOM? kuna mtu hapa anaropokwa There is nothing like a lot of money. Watch Scan Group falling.
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Rank: User Joined: 1/5/2013 Posts: 66
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Sisqo wrote:obiero wrote:wat insane amounts of money would one need to 'pump and dump' high cap counters such as KCB & SCOM? kuna mtu hapa anaropokwa There is nothing like a lot of money. Watch Scan Group falling. Kengen falling.
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? Uncertainty is certain.Let go
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Rank: Member Joined: 2/18/2011 Posts: 448
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ChessMaster wrote:I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? thats the dump phase happening now.Last week kengen moved 10,178,700 shares.Thats a good indicator,when is the last time in moved such a number? Per se the future behaviour can be postulated eg we all knew nominations wouldn't go well and thus expect some profit taking and exits as a reaction to the violence.look at the kengen price today and hfck
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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ChessMaster wrote:I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? Boss, chill out. Mondays and Fridays are not good decision making days. I'd advice to look at past trends ie KCB and Safcom before making an emotional decision that you'll regret.
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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Mukiri wrote:I'd advice to look at past trends ie KCB and Safcom before making an emotional decision that you'll regret. What do you mean? @mibbz - I believe there are always shares people irrationally neglect because of past events then when seeking opportunities they come back to them.For me Kengen was one of them. Uncertainty is certain.Let go
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Rank: User Joined: 7/12/2011 Posts: 21
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ChessMaster wrote:I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? Some predict the market will move in a particular way, others make the market move the way they want it to move: 1-A simple lesson on how to do this is found here http://stocks.about.com/...pulate-Stock-Prices.htm
2-The usual ways of doing it are found here http://voices.yahoo.com/...egal-8872877.html?cat=3
3-And, this is how you spot it http://timelesswealth.ne...stock_manipulation.html
A director selling a stock is usually a bad sign. A sharp increase in a stock price with low volume is an attempt to lure the inexperienced eg. Express Kenya last Friday jumped from 3.15 to 3.55 after someone bought 100 shares. Why would you buy 100 shares in Express?.
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Rank: User Joined: 1/5/2013 Posts: 66
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Sisqo wrote:ChessMaster wrote:I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? Some predict the market will move in a particular way, others make the market move the way they want it to move: 1-A simple lesson on how to do this is found here http://stocks.about.com/...pulate-Stock-Prices.htm
2-The usual ways of doing it are found here http://voices.yahoo.com/...egal-8872877.html?cat=3
3-And, this is how you spot it http://timelesswealth.ne...stock_manipulation.html
A director selling a stock is usually a bad sign. A sharp increase in a stock price with low volume is an attempt to lure the inexperienced eg. Express Kenya last Friday jumped from 3.15 to 3.55 after someone bought 100 shares. Why would you buy 100 shares in Express?. Never lie to yourself that you are investing. Always trade.
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Rank: Elder Joined: 2/23/2009 Posts: 1,626
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Sisqo wrote:ChessMaster wrote:I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? Some predict the market will move in a particular way, others make the market move the way they want it to move: 1-A simple lesson on how to do this is found here http://stocks.about.com/...pulate-Stock-Prices.htm
2-The usual ways of doing it are found here http://voices.yahoo.com/...egal-8872877.html?cat=3
3-And, this is how you spot it http://timelesswealth.ne...stock_manipulation.html
A director selling a stock is usually a bad sign. A sharp increase in a stock price with low volume is an attempt to lure the inexperienced eg. Express Kenya last Friday jumped from 3.15 to 3.55 after someone bought 100 shares. Why would you buy 100 shares in Express?. The problem with stock manipulation is that the players are too many and the outcome is unpredictable. A lot of people get burnt trying to manipulate the market Uncertainty is certain.Let go
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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FOsiemo10M wrote:Sisqo wrote:ChessMaster wrote:I'll ask the same question again,how would the pump and dump work without being able to predict what people will do tomorrow? For me looking at Kengen and Scangroup,the supply is ridiculous. People are cashing out.Wouldn't you? Some predict the market will move in a particular way, others make the market move the way they want it to move: 1-A simple lesson on how to do this is found here http://stocks.about.com/...pulate-Stock-Prices.htm
2-The usual ways of doing it are found here http://voices.yahoo.com/...egal-8872877.html?cat=3
3-And, this is how you spot it http://timelesswealth.ne...stock_manipulation.html
A director selling a stock is usually a bad sign. A sharp increase in a stock price with low volume is an attempt to lure the inexperienced eg. Express Kenya last Friday jumped from 3.15 to 3.55 after someone bought 100 shares. Why would you buy 100 shares in Express?. Never lie to yourself that you are investing. Always trade. Good one there @10M @SufficientlyP
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Rank: User Joined: 7/12/2011 Posts: 21
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I hope you are dumping. Pumping time is over.
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Rank: User Joined: 1/17/2013 Posts: 11
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I'm buy cheap stocks. CiC is at the top of my list. The rest, l am waiting for the them to get dirt cheap.
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Rank: User Joined: 1/5/2013 Posts: 66
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Yes. Sell sell sell. And sell them cheap. I need to build a portfolio now.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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J1Andrea wrote:I'm buy cheap stocks. CiC is at the top of my list. The rest, l am waiting for the them to get dirt cheap. How is CiC cheap when price/book is 2. means you are paying double for what its really worth, furthermore insurance companies historically trade at low P/B ratios unlike banks The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 3/26/2012 Posts: 830
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J1Andrea wrote:I'm buy cheap stocks. CiC is at the top of my list. The rest, l am waiting for the them to get dirt cheap. welcome to wazua...but you are thinking like wanjiku...heheh....by the time you are a member you will know that CIC at 4bob is more expensive than Williamson Tea at Ksh180. A successful man is not he who gets the best, it is he who makes the best from what he gets.
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