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sparkly		#241 Posted : Tuesday, September 17, 2013 8:35:19 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		guru267 wrote: sparkly wrote: guru267 wrote: Getting ready to get a huge number at 8bob for a final average of 9.07bob.... After that I will stay away until 5bob if we get there that is! @Guru why average down if you know the share is overpriced and is heading to 5bob? Why not wait at the bottom like the rest of the herd! @Sparkly et al averaging down can be manipulated to be a successful strategy in the short term if executed with care and lots of capital... The main reason I average down is because I do not own a crystal ball to be sure of future movements of a share price.... Market volatility can send this stock on a massive rebound anytime! For those non believers here is an example... If an investor bought: 1,000 HAFR @ 16 5,000 HAFR @ 12 18,000 HAFR @ 9.5 54,000 HAFR @ 8 This investor would have invested 679k and would be holding 78k HAFR shares giving and average of 8.70 bob with a market price of 8bob.. I wait for 5 bob and buy the 78k shares total investment 390k! You are also also assuming a limitless supply of cash. You can run out of the cash after you buy the 1k shares at 16 bob. Life is short. Live passionately.
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Angelica _ann		#242 Posted : Tuesday, September 17, 2013 9:13:26 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		On this madam has been enjoying rookies. No way is she buying this share in the said batches & prices. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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guru267		#243 Posted : Tuesday, September 17, 2013 10:01:21 PM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		sparkly wrote: guru267 wrote: sparkly wrote: guru267 wrote: Getting ready to get a huge number at 8bob for a final average of 9.07bob.... After that I will stay away until 5bob if we get there that is! @Guru why average down if you know the share is overpriced and is heading to 5bob? Why not wait at the bottom like the rest of the herd! @Sparkly et al averaging down can be manipulated to be a successful strategy in the short term if executed with care and lots of capital... The main reason I average down is because I do not own a crystal ball to be sure of future movements of a share price.... Market volatility can send this stock on a massive rebound anytime! For those non believers here is an example... If an investor bought: 1,000 HAFR @ 16 5,000 HAFR @ 12 18,000 HAFR @ 9.5 54,000 HAFR @ 8 This investor would have invested 679k and would be holding 78k HAFR shares giving and average of 8.70 bob with a market price of 8bob.. I wait for 5 bob and buy the 78k shares total investment 390k! You are also also assuming a limitless supply of cash. You can run out of the cash after you buy the 1k shares at 16 bob. Most Fund managers do practically have a limitless supply of cash The strategy is way more complex to implement than I have explained but you don't have to believe me... Just watch me mint gold on this one! Mark 12:29 Deuteronomy 4:16
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dunkang		#244 Posted : Tuesday, September 17, 2013 10:09:20 PM
Rank: Elder Joined: 6/2/2011 Posts: 4,824 Location: -1.2107, 36.8831		guru267 wrote: @Sparkly et al averaging down can be manipulated to be a successful strategy in the short term if executed with care and lots of capital... The main reason I average down is because I do not own a crystal ball to be sure of future movements of a share price.... Market volatility can send this stock on a massive rebound anytime! For those non believers here is an example... If an investor bought: 1,000 HAFR @ 16 5,000 HAFR @ 12 18,000 HAFR @ 9.5 54,000 HAFR @ 8 This investor would have invested 679k and would be holding 78k HAFR shares giving and average of 8.70 bob with a market price of 8bob.. OK. Good for you. GOOD FOR YOU. Receive with simplicity everything that happens to you.” ― Rashi
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sparkly		#245 Posted : Tuesday, September 17, 2013 11:13:41 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		deleted Life is short. Live passionately.
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sparkly		#246 Posted : Tuesday, September 17, 2013 11:18:11 PM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		guru267 wrote: sparkly wrote: guru267 wrote: sparkly wrote: guru267 wrote: Getting ready to get a huge number at 8bob for a final average of 9.07bob.... After that I will stay away until 5bob if we get there that is! @Guru why average down if you know the share is overpriced and is heading to 5bob? Why not wait at the bottom like the rest of the herd! @Sparkly et al averaging down can be manipulated to be a successful strategy in the short term if executed with care and lots of capital... The main reason I average down is because I do not own a crystal ball to be sure of future movements of a share price.... Market volatility can send this stock on a massive rebound anytime! For those non believers here is an example... If an investor bought: 1,000 HAFR @ 16 5,000 HAFR @ 12 18,000 HAFR @ 9.5 54,000 HAFR @ 8 This investor would have invested 679k and would be holding 78k HAFR shares giving and average of 8.70 bob with a market price of 8bob.. I wait for 5 bob and buy the 78k shares total investment 390k! You are also also assuming a limitless supply of cash. You can run out of the cash after you buy the 1k shares at 16 bob. Most Fund managers do practically have a limitless supply of cash The strategy is way more complex to implement than I have explained but you don't have to believe me... Just watch me mint gold on this one! You are implying that you are snapping up supply and manipulating the price, no? I wouldn't be surprised due to the small float of the company and that most of the original shareholders are first timers. Just don't call your strategy "averaging down". Life is short. Live passionately.
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murchr		#247 Posted : Wednesday, September 18, 2013 3:33:26 AM
Rank: Elder Joined: 2/26/2012 Posts: 15,980		68% down in less than 6 months wao...the true definition of free fall "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Aguytrying		#248 Posted : Wednesday, September 18, 2013 8:32:43 AM
Rank: Elder Joined: 7/11/2010 Posts: 5,040		@guru. continue with your strategy, it's began to get interesting. we could learn something from it. true about not knowing where it'll eventually settle. the new farers trying to copy you are the ones who can't take the heat. on newly listed stocks. its time to buy I and m bank The investor's chief problem - and even his worst enemy - is likely to be himself
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berns		#249 Posted : Wednesday, September 18, 2013 10:59:30 AM
Rank: New-farer Joined: 2/8/2013 Posts: 27		Come to think of it,isn't this Accesskenya market price manipulation all over again?!It rose to 35-36,Somens sold their stake living wanjikus vulnerable to tumbling numbers before buying back at historical lows of 4bob. Imagine how many shares a big HomeAfrika shareholder who disposed of say 10million shares at between 20/- n 25/- can buy at 5/-? Coz believe you me thats where its headed.@guru, its disconcerting to see you risk locking money God knows when it will be available at a profit.
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Sober		#250 Posted : Wednesday, September 18, 2013 11:13:32 AM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		murchr wrote: 68% down in less than 6 months wao...the true definition of free fall Are you are talking of 6 months or 60 days? African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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