Metasploit wrote:hisah wrote:Ericsson wrote:@hisah
23 ni ndoto for now.We are heading towards elections so investors will be shying away.
Funds may move to Nigeria if they manage to stabilise their market.
After elections is when you can talk about 23.
15 is a possibility between now and polls date
No problem. But from my experience, markets don't operate logically especially when curve ball events trigger e.g. brexit and in KE the shock rate cap.
Few expected KE bank stocks to crash. Many expect mpesa bank to slide 
Thought many expected
Not exactly and certainly not in this forum. A while back it was considered sacrilege to suggest KCB would trade at the price of 35 same to Equity. Now both are at sub 30, no prizes for guessing the wrath you would have incurred for even contemplating such.
Many view the market through short term and blinkered lenses plus a heavy dose of emotional attachment. It works perfectly when things are going your way but when situations change and projections are thrown off course, panicky decisions are made and heavy losses sustained.
The main purpose of the stock market is to make fools of as many people as possible.