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Home Afrika Listing at NSE!
sparkly
#431 Posted : Sunday, March 16, 2014 5:26:11 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
kaka2za wrote:
I will start buying next week and average down when it hits 4/-



Well if you believe it will hit 4 bob, why buy at 5.40 instead of waiting for 4?
Life is short. Live passionately.
murchr
#432 Posted : Sunday, March 16, 2014 5:50:40 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Ata 2.00/- is possible
"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
.
Metasploit
#433 Posted : Sunday, March 16, 2014 8:26:31 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
guru267 wrote:
VituVingiSana wrote:
There may be some 'gains' but minimal at best when the volume [& value] is considered. As Warren Buffett says... Even shit rises with the tide, only when it goes out do we know who was swimming naked...


Everything has a some value at some point... I have began buying again at below 5.5 bringing my average down to 7.5 bob as of Friday!

Next week I continue buying to get that average buy price down further all the way until results are announced...

Hopefully there will be light at the end of this tunnel.


Very dangerous language in investment/trading # with lots of respect

β€œThe pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
guru267
#434 Posted : Sunday, March 16, 2014 8:46:42 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Metasploit wrote:
guru267 wrote:
VituVingiSana wrote:
There may be some 'gains' but minimal at best when the volume [& value] is considered. As Warren Buffett says... Even shit rises with the tide, only when it goes out do we know who was swimming naked...


Everything has a some value at some point... I have began buying again at below 5.5 bringing my average down to 7.5 bob as of Friday!

Next week I continue buying to get that average buy price down further all the way until results are announced...

Hopefully there will be light at the end of this tunnel.


Very dangerous language in investment/trading # with lots of respect


I have reason to believe FY 2013 will be good!
Mark 12:29
Deuteronomy 4:16
VituVingiSana
#435 Posted : Monday, March 17, 2014 1:25:04 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
sparkly wrote:
kaka2za wrote:
I will start buying next week and average down when it hits 4/-

Well if you believe it will hit 4 bob, why buy at 5.40 instead of waiting for 4?
@Sparkly speaks the truth Applause Applause Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kaka2za
#436 Posted : Monday, March 17, 2014 8:09:35 AM
Rank: Elder

Joined: 10/3/2008
Posts: 4,058
Location: Gwitu
VituVingiSana wrote:
sparkly wrote:
kaka2za wrote:
I will start buying next week and average down when it hits 4/-

Well if you believe it will hit 4 bob, why buy at 5.40 instead of waiting for 4?
@Sparkly speaks the truth Applause Applause Applause



Now you can see the irony of the so called 'averaging'. It is just a mask!
Truth forever on the scaffold
Wrong forever on the throne
(James Russell Rowell)
dunkang
#437 Posted : Monday, March 17, 2014 8:41:43 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
'Those' that bought at 25/-, averaged down at 18/-, again at 12/-, again at 8/-, again at 6/-, finally waiting for 4/-, i truely can feel the pain, but don't lose hope, just keep on keeping on, always average down!!!!!!
Receive with simplicity everything that happens to you.” ― Rashi

guru267
#438 Posted : Monday, March 17, 2014 11:13:37 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
sparkly wrote:
kaka2za wrote:
I will start buying next week and average down when it hits 4/-

Well if you believe it will hit 4 bob, why buy at 5.40 instead of waiting for 4?
@Sparkly speaks the truth Applause Applause Applause


You guys need to sell me your crystal ball that tells you what future share prices will be.. Shame on you
Mark 12:29
Deuteronomy 4:16
jawgey
#439 Posted : Monday, March 17, 2014 2:10:49 PM
Rank: Member

Joined: 1/13/2014
Posts: 398
Location: Denmark
Some of these shares are not worth averaging down, just sit back and watch your money fly away instead of diving deeper into the smelly shit!!
Seeing is believing
mlennyma
#440 Posted : Monday, March 17, 2014 3:04:13 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Some share declines are equivalent to robbery without violence,if I feel hurt and I bought at 6 bob I can imagine the pain of those who bought millions above 20bob
"Don't let the fear of losing be greater than the excitement of winning."
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