Othelo wrote:Mutangoja sana. Where were you guys when it was at 3 bob 5 bob 10 bob 12 bob .......... now you are praying it comes down. Hakuna, ngouuuuuuuuuuuuu!!!
I have noticed a very good number here are depending on HOPE that Safaricom will go down. Hope, hope, hope!!!
I am not saying it cannot or will not reduce in price but it is interesting reading the posts by all the "hopefuls"!!
And the funny thing, some of them don't want to touch the stocks that have reduced to a level below their target buy price(s). And when the prices start rising, they will start saying things like "don't chase a stock...", "dead cat bounce", "vapour demand", bla bla bla and they are left by the bus(es). And the cycle is repeated.
That is why the market has more spectators the participants/investors.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.