Rank: Elder Joined: 4/30/2008 Posts: 6,029
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mv_ufanisi wrote:mawinder wrote:mv_ufanisi wrote:The market always seems to err on the extreme. When Centum was going up, predictors that it would reach 100/- when it was going down, predictors that it would get to 45-50. Turns out no one was right each time. Excessive fear and greed at the same time. And today it is up the maximum allowable 10%.I expect it to balloon on the conclusion of the REA case, the Lamu coal, the opening of Pearl Marina, Two Rivers etc.This is a stock to watch!!! I prefer a slow steady climb rather than these huge ups and downs which play with your emotions. Given that I'm not planning to sell in the short term. DJ Ck and James Mworia also need to ease up on too much "kelele" in the news - the mid and end year reports would suffice otherwise we're attracting too many short term investors. Quite true,if CK wakes up tomorrow and says he wont sell Centum for less than 300 bob, the stock will shoot to 100 bob, the market is full of speculators.
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