mibbz wrote:ecstacy wrote:Do NOT be GREEDY!! This share is a SELL at MARKET PRICE.
@Ecstacy how many people sold Equity fearing the price would collapse yet it went on to split more and more.
I have a huge appetite for risk and i shall stay in till after results.
Yes, people did make money of EB on the way up. But do you also know how many people burnt buying Equity for "bonus or share split" in the Ksh 290-315/= range before the price free fall to Ksh 120/=??
Lessons learnt amongst many others during the global recession when foreign investors were pulling out of the NSE that may benefit some Wazuans according to their personal investment goals:
1. Pigs get slaughtered in the market.
2. Do NOT get sentimentally attached to a share.
3. Decide whether you are buying this share as an investor, trader or speculator and subsequently decide on targets. No offense, but I see speculators here become latter day "investors" with no new info which could be more of greed than anything else at play.