wazua Tue, Jan 7, 2025
Welcome Guest Search | Active Topics | Log In | Register

2 Pages<12
CFC Restructuring
Options
Previous Topic · Next Topic
mukiha
#21 Posted : Friday, January 29, 2010 12:47:23 PM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Highest deal today was 49.50. but it settled down back to yesterday's closing of 45. The money I've put there isn't "bad", just badly timed in the beginning.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Back to top
 Report Abusive | Report SPAM
muganda
#22 Posted : Friday, January 29, 2010 1:02:51 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
@mukiha I've got the same problem with NIC bought at 60/-

Tell me though sincerely, if you were buying into the company TODAY for the 1st time, no history, no baggage, would you buy into it again?

On a scale of 1 to 10, how strong would be your conviction?
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#23 Posted : Friday, January 29, 2010 1:11:08 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,118
Location: Nairobi
@mukiha @muganda

The true basis for buying a share is:

If you were buying into the company TODAY for the 1st time, no history, no baggage, would you buy into it now?

Buying to average down is not always smart... Just to average down...
Look at it from the perspective... would you buy at this price if it was a 'new' investment?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (2)
2 Pages<12
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.