Wazua
»
Investor
»
Stocks
»
Too many HELLOS, Time to quit stocks!
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
jmbada wrote:2012 wrote:jmbada wrote:When will we be able to start shorting stocks? Will the new CMA laws allow for a portion of that to happen? Pardon my ignorance.
Oh...and HELLLLLOOOOOOOOOWWWWWW!!! By 'we' you mean who? The 'big boys' with money do that all the time. Are you saying that some investors can borrow stocks, sell today and return later...legally? I'm not stating it as a fact but I'm sure that some brokerage firms hold hot stock for that reason. It explains how you are able to have your account credited in minutes to filing an order. But sisemi kitu.
BBI will solve it :)
|
|
|
Rank: Member Joined: 1/1/2011 Posts: 396
|
2012 wrote:jmbada wrote:2012 wrote:jmbada wrote:When will we be able to start shorting stocks? Will the new CMA laws allow for a portion of that to happen? Pardon my ignorance.
Oh...and HELLLLLOOOOOOOOOWWWWWW!!! By 'we' you mean who? The 'big boys' with money do that all the time. Are you saying that some investors can borrow stocks, sell today and return later...legally? I'm not stating it as a fact but I'm sure that some brokerage firms hold hot stock for that reason. It explains how you are able to have your account credited in minutes to filing an order. But sisemi kitu. Well, if it's not a fact then we shouldn't dwell on it nor allude to it. But thanks for posting. Anyone understand the implication of the new CMA guidelines? We would all be immensely richer for your input.
|
|
|
Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
|
2012 wrote:jmbada wrote:2012 wrote:jmbada wrote:When will we be able to start shorting stocks? Will the new CMA laws allow for a portion of that to happen? Pardon my ignorance.
Oh...and HELLLLLOOOOOOOOOWWWWWW!!! By 'we' you mean who? The 'big boys' with money do that all the time. Are you saying that some investors can borrow stocks, sell today and return later...legally? I'm not stating it as a fact but I'm sure that some brokerage firms hold hot stock for that reason. It explains how you are able to have your account credited in minutes to filing an order. But sisemi kitu. I think brokers used to do it before automation. Now if they do, i guess they check your KYC first before "shorting" your shares.
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze'
|
|
|
Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
|
mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
poundfoolish wrote:sparkly wrote:Realtreaty wrote:False prophecy. These are people who want market to go down so that they can access and buy at low price. An ankward investor. True prophesy. wait for September 2014 and see what happens. luckily you still have time to sell because prices will go higher and higher till then. Why September? closing of books? My gut feeling. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
2012 wrote:sparkly wrote:No less than 3 threads started by HELLOs on what stocks to buy.
Wazuans if you have made money in the last 2 years, its time to sell.
Sell your stock holdings, put the money in property or cash.
2015 will be a bad year for stocks. Let those who have ears hear.
That's terrible advice in my opinion. The Central Bank MPC is meeting today and they will either lower the rate or maintain it as is. The issue of about Ksh.200b Eurobond will make the bond market less profitable as govt will not need that much money from the local market. The best place to make money will be the NSE. @2012 chances of making >100% in 2014 and 2015 on most stocks are low. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 2/26/2008 Posts: 4,449
|
sparkly wrote:2012 wrote:sparkly wrote:No less than 3 threads started by HELLOs on what stocks to buy.
Wazuans if you have made money in the last 2 years, its time to sell.
Sell your stock holdings, put the money in property or cash.
2015 will be a bad year for stocks. Let those who have ears hear.
That's terrible advice in my opinion. The Central Bank MPC is meeting today and they will either lower the rate or maintain it as is. The issue of about Ksh.200b Eurobond will make the bond market less profitable as govt will not need that much money from the local market. The best place to make money will be the NSE. @2012 chances of making >100% in 2014 and 2015 on most stocks are low. Yes especially those that peaked at the height of the 2012-2013 run but that said it will still be a stock year in this frontier market.
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next?
|
|
|
Rank: Elder Joined: 2/26/2008 Posts: 4,449
|
mibbz wrote:mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next? Great movie that 'The Wolf of WallStreet'! Captures the attitudes you even get with some of the dealers here at the NSE!!
|
|
|
Rank: Member Joined: 1/27/2012 Posts: 851 Location: Nairobi
|
mibbz wrote:mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next? @mibbz, Some will be in the know that CK is bailing out. Those "close" to him. Auditors know results before they are released. Its not like these things happen in high heavens before dropping to earth,they happen amongst people. The select few.
|
|
|
Rank: Veteran Joined: 11/2/2006 Posts: 1,206 Location: Nairobi
|
ecstacy wrote:mibbz wrote:mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next? Great movie that 'The Wolf of WallStreet'! Captures the attitudes you even get with some of the dealers here at the NSE!! And now the movie has been banned in Kenya by Kenya Film Board Formally employed people often live their employers' dream & forget about their own.
|
|
|
Rank: Elder Joined: 2/26/2008 Posts: 4,449
|
bird_man wrote:ecstacy wrote:mibbz wrote:mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next? Great movie that 'The Wolf of WallStreet'! Captures the attitudes you even get with some of the dealers here at the NSE!! And now the movie has been banned in Kenya by Kenya Film Board Why? Simply rate it adults only?
|
|
|
Rank: Elder Joined: 3/19/2013 Posts: 2,552
|
mibbz wrote:mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next? Trends are very rewarding although taxing.The way I see it,it's about identifying,understanding and tracking the influential factors but the hard part is breaking it down to different time frames while still leaving room for wild cards.But then again,isn't that what we're trying to do?
|
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
ecstacy wrote:bird_man wrote:ecstacy wrote:mibbz wrote:mkeiy wrote:mibbz wrote:Watched wolf of wallstreet and one of the most interesting quotes
'Number one rule of wall street,nobody knows if the stock is going to go up,down sideways or in circles,least of all stock brokers;its all a fugaze' Not entirely true. Some do know. Mkeiy people read trends,forecast but you never really know what the market shall throw at you. Eg tomorrow morning CK wakes up and decided to dump centum in its entirety in the open market;what happens next? Great movie that 'The Wolf of WallStreet'! Captures the attitudes you even get with some of the dealers here at the NSE!! And now the movie has been banned in Kenya by Kenya Film Board Why? Simply rate it adults only? The movie has some rather strong scenes,i think some in the 18-25 demographic might be inspired to live the life esp those starting out as brokers/traders. Another interesting one is 12 years a slave;i have profound respect for our fore fathers. Yaani people went through real crap so that we get to enjoy some of these freedoms like sharing information on Wazua rather freely.... Lastly out of curiousity does UG and TZ or Rwanda have a wazua type of blog in their invetment circles?
|
|
|
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
|
@mibbz Uganda has nothing like investment circles! Mark 12:29
Deuteronomy 4:16
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Rwanda bourse is small... Bralirwa, Bank of Kigali and the cross listed Kenyan counters. Life is short. Live passionately.
|
|
|
Rank: Hello Joined: 1/18/2014 Posts: 1
|
Hello, I read this great report,it might help you to get more ideas how to invest in a right way. http://hotmicrocapstocks.com/
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
guru267 wrote:@mibbz Uganda has nothing like investment circles! Which good counters trade at the USE apart from the Stanbic UG? @mibbz we can take that role bad thing is we have no one there. CDE is very informative on the going on's in Zimbabwe and @young Nigeria. Speaking of Nigeria will Kenya ever have a "Dangote" not the man but the company? "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
.
|
|
|
Rank: Elder Joined: 7/22/2009 Posts: 7,460
|
gatoho wrote:sparkly wrote:No less than 3 threads started by HELLOs on what stocks to buy.
Wazuans if you have made money in the last 2 years, its time to sell.
Sell your stock holdings, put the money in property or cash.
2015 will be a bad year for stocks. Let those who have ears hear.
If Kirubi or Mbaru joined Wazua today, what rank would he be, ORACLE? no Hello.  Hiyo ndiyo inaitagwa ten nil! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
|
|
|
Wazua
»
Investor
»
Stocks
»
Too many HELLOS, Time to quit stocks!
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|