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Mumias Sugar HY2013/14
Metasploit
#101 Posted : Saturday, November 08, 2014 3:19:22 PM
Rank: Veteran

Joined: 3/26/2012
Posts: 985
Location: Dar es salaam,Tanzania
RSI at less than 10!!!!!!!!!!!!!!!!!!!!!!

Lowest ever in 3 years or more

Volume spike yesterday..Arent the sellers getting exhausted ???????????????????

When it floors,the swings will be a good traders plays..For now am just wondering why there is no rebound

A reverse replica of KORCH ? Disobeying TAs ?????

“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”
mv_ufanisi
#102 Posted : Saturday, November 08, 2014 6:33:23 PM
Rank: Member

Joined: 1/15/2010
Posts: 625
Metasploit wrote:
RSI at less than 10!!!!!!!!!!!!!!!!!!!!!!

Lowest ever in 3 years or more

Volume spike yesterday..Arent the sellers getting exhausted ???????????????????

When it floors,the swings will be a good traders plays..For now am just wondering why there is no rebound

A reverse replica of KORCH ? Disobeying TAs ?????


Fundamentally, a stock is not a random oscillating unit with endless ups and downs. It's a tiny unit of a business, if the business goes bankrupt the stock will go to zero. Mumias Sugar Company might declare bankruptcy and shut down at which point the stock holders will be left holding worthless stock.
jerry
#103 Posted : Saturday, November 08, 2014 8:16:32 PM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
mv_ufanisi wrote:
Metasploit wrote:
RSI at less than 10!!!!!!!!!!!!!!!!!!!!!!

Lowest ever in 3 years or more

Volume spike yesterday..Arent the sellers getting exhausted ???????????????????

When it floors,the swings will be a good traders plays..For now am just wondering why there is no rebound

A reverse replica of KORCH ? Disobeying TAs ?????


Fundamentally, a stock is not a random oscillating unit with endless ups and downs. It's a tiny unit of a business, if the business goes bankrupt the stock will go to zero. Mumias Sugar Company might declare bankruptcy and shut down at which point the stock holders will be left holding worthless stock.

Scaring but it doesn't stop optimists from buying at 1/= per share by Thursday!
The opposite of courage is not cowardice, it's conformity.
hisah
#104 Posted : Sunday, November 09, 2014 9:00:00 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Metasploit wrote:
RSI at less than 10!!!!!!!!!!!!!!!!!!!!!!

Lowest ever in 3 years or more

Volume spike yesterday..Arent the sellers getting exhausted ???????????????????

When it floors,the swings will be a good traders plays..For now am just wondering why there is no rebound

A reverse replica of KORCH ? Disobeying TAs ?????

RSI oversold on daily, weekly and monthly timeframes!

Another stock with the same bizarre oversold RSI is uchumi.

When the rebounds come and the trend flips upwards, it'll be interesting resetting this oversold timeframes.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Mainat
#105 Posted : Sunday, November 09, 2014 9:44:07 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
Are we wrongly assuming that the dynamic duo will rescue Mumias? Please read the pronouncements of Moses Kuria, their eminent economist...
Sehemu ndio nyumba
Njung'e
#106 Posted : Sunday, November 09, 2014 10:12:14 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Mainat wrote:
Are we wrongly assuming
that the dynamic duo will rescue Mumias? Please read the pronouncements
of Moses Kuria, their eminent economist...


Expect a pronouncement from the dd on or before 17th. There is likelihood they have secured 2.5b from distributors this past week.
Nothing great was ever achieved without enthusiasm.
MaichBlack
#107 Posted : Sunday, November 09, 2014 12:11:38 PM
Rank: Elder

Joined: 7/22/2009
Posts: 7,859
jerry wrote:
mv_ufanisi wrote:
Metasploit wrote:
RSI at less than 10!!!!!!!!!!!!!!!!!!!!!!

Lowest ever in 3 years or more

Volume spike yesterday..Arent the sellers getting exhausted ???????????????????

When it floors,the swings will be a good traders plays..For now am just wondering why there is no rebound

A reverse replica of KORCH ? Disobeying TAs ?????


Fundamentally, a stock is not a random oscillating unit with endless ups and downs. It's a tiny unit of a business, if the business goes bankrupt the stock will go to zero. Mumias Sugar Company might declare bankruptcy and shut down at which point the stock holders will be left holding worthless stock.

Scaring but it doesn't stop optimists from buying at 1/= per share by Thursday!

I'll be buying!!! Why??? Coz I can. I'll throw in some money I'm totally willing to lose. Waiting for the bottom (Or what I will decide is the bottom).

Not encouraging anyone to do the same! There are more logical shares to buy there. On this one I'm not doing logical!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
Akenyan2014
#108 Posted : Sunday, November 09, 2014 9:22:16 PM
Rank: Member

Joined: 5/6/2014
Posts: 268
Location: Nairobi, Kenya
Question: . Find the relative maxima and minima, and horizontal points of inflection of the MSC curve f(x) = 1/4x^4 −2/3x^3 + 1/2x^2 + 1. Also state where the function is increasing and decreasing. Then use this information to sketch the graph of the function. (20 marks)
target1360
#109 Posted : Monday, November 10, 2014 10:16:17 AM
Rank: Member

Joined: 5/14/2014
Posts: 289
Location: nairobi
i have speculatively sank a few thousands into this thing and debited the same from my alcohol and related expenses account.

i f this thing makes a mistake of rebounding to sh 2 then i make a 30% return,just like that.if it goes to sh 0 then too bad.
I find satisfaction in owning great business,not trading them
HaMaina
#110 Posted : Monday, November 10, 2014 10:25:22 AM
Rank: Veteran

Joined: 4/23/2014
Posts: 931
target1360 wrote:
i have speculatively sank a few thousands into this thing and debited the same from my alcohol and related expenses account.

i f this thing makes a mistake of rebounding to sh 2 then i make a 30% return,just like that.if it goes to sh 0 then too bad.


I'm with you on this one. Live happy or at least die with a smile on my face.
“You can get in way more trouble with a good idea than a bad idea, because you forget that the good idea has limits.” - Ben Graham
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