This is what they call "zombie companies" the undead moving in the shadows, they move and you think they are alive but they are not. In japan they are kept on life support by constant bailouts because of fear of lay-offs.

A dead cat bounce is usually temporary and a risky small recovery signal.Any such indicator ought to be cautiously ignored. Let's see how far it will slide. I don't even think it has any tested support level within the range of 2's, this means it may slide all the way to new lows.

thank God we trade through brokers and we never meet,ungeambiwa hii mbuzi yako uliniuzia inahara....a monkey attracts alot of attention in the market place but at the end of trade nobody buys.

@Mlennyma..you never fail to make my day..i imagine sellers begging for you to at least even hold it a little bit and see its not as bad as it looks...and then you are just there; looking on the other direction as if haujasikia chochote...hands crossed/akimbo!

Where I come from, there is a saying that goes like "THERE IS A THIN LINE BETWEEN ECSTACY AND PAIN"

There was a gang cheering the counter going up....there is yet another one cheering it going down. Wacha Watu wajienjoy.

All is not lost though, a good number of those who cheered it go up, will come back here and tell us how they disembarked at over 3.5.

This is a good lesson for those who are new to WAzua.