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What was your worst mistake in trading.
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obiero
#241 Posted : Sunday, October 23, 2016 12:01:34 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,221
Location: nairobi
shiznit wrote:
Kanyati wrote:
Not understanding the consequences of a planned rights issue. Buying kengen before the 280mw geothermal hype @ 11.20cts. Later buying the same share as it tanks to 10.20 and later 9.00 with all my savings. Rights issue i had only sukuma wiki funds so i painfully watched from the sidelines as i now contemplate the dilution. Praying this share to hit 4-5 mark and i win a Jack pot. Meantime niko emotional na kengen.😂😂😂😂



I can relate Brick wall

Most rights in Kenya are set ups. Very few have succeeded, generally speaking

KQ ABP 4.26
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iris
#242 Posted : Monday, October 24, 2016 12:36:53 PM
Rank: Member

Joined: 9/11/2014
Posts: 228
Location: Nairobi
Agreed. I remember puzzling over empty Uchumi shelves after a rights issue; then the truth emerged.
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Angelica _ann
#243 Posted : Monday, October 24, 2016 12:39:20 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
obiero wrote:
shiznit wrote:
Kanyati wrote:
Not understanding the consequences of a planned rights issue. Buying kengen before the 280mw geothermal hype @ 11.20cts. Later buying the same share as it tanks to 10.20 and later 9.00 with all my savings. Rights issue i had only sukuma wiki funds so i painfully watched from the sidelines as i now contemplate the dilution. Praying this share to hit 4-5 mark and i win a Jack pot. Meantime niko emotional na kengen.😂😂😂😂



I can relate Brick wall

Most rights in Kenya are set ups. Very few have succeeded, generally speaking

KENGEN comes to mind smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Swenani
#244 Posted : Monday, October 24, 2016 12:58:26 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
iris wrote:
Agreed. I remember puzzling over empty Uchumi shelves after a rights issue; then the truth emerged.

Sad Sad Sad
If Obiero did it, Who Am I?
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ARAP CHARLES
#245 Posted : Tuesday, October 25, 2016 11:40:11 PM
Rank: Member

Joined: 5/30/2016
Posts: 217
Location: Talai
I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period..
Watch and Listen and Live
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sparkly
#246 Posted : Wednesday, October 26, 2016 6:24:36 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
ARAP CHARLES wrote:
I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period..


Your mistake is not understanding what influences stock price movement (investor psychology).

Otherwise you wouldn't regret the buy you didn't make, in hindsight.

Invest some time in technical analysis and trade with more clarity.

PS @karasinga called out the KQ breakout in the directional forecast thread.
Life is short. Live passionately.
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Angelica _ann
#247 Posted : Wednesday, October 26, 2016 6:25:09 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
ARAP CHARLES wrote:
I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period..

People have seen this fall from 132 bob to 3.5 bob!!!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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sparkly
#248 Posted : Wednesday, October 26, 2016 6:46:07 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Angelica _ann wrote:
ARAP CHARLES wrote:
I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period..

People have seen this fall from 132 bob to 3.5 bob!!!!!


@Obiero has misled many that KQ is a blue chip.
Life is short. Live passionately.
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MadDoc
#249 Posted : Wednesday, October 26, 2016 10:11:47 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
ARAP CHARLES wrote:
I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period..


Transcentury and MSC both rallied from lows.
Playing with monkeys is akin to playing with hot knives.
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muandiwambeu
#250 Posted : Wednesday, October 26, 2016 10:34:16 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
MadDoc wrote:
ARAP CHARLES wrote:
I sat and watched KQ share touching 3.30cts. without even bothering to imagine if one buys at this price what happens... basically 7.00 is so obvious tomorrow. my statement is Wasua Forum is for a high IQ fellows.. period..


Transcentury and MSC both rallied from lows.
Playing with monkeys is akin to playing with hot knives.

in a house made of batter. home africa comes to mind immediately. Drool Drool Drool Sad Sad @karasin tell us when the music stops.
,Behold, a sower went forth to sow;....
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