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Briatm, Britam, Britam sounds like sweet candy!
Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me?
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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murchr wrote:researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply That doesn't even make sense. There were a bunch of bidders today sub 14. Some upped and bought and the rest expired. There was not one single seller willing to touch sub 14. It's not like they didn't have the chance. At the end of trading the guys sitting on 14 had to come up and still didn't get their orders filled. You seem to be assuming all or most supply will chase demand every single day. Why? It doesn't. I, for example, have got buy and sell limit orders in different books that haven't got a snowballs chance in hell of getting filled any time soon. They're on autopilot so I don't have to give a crap what a counter does on any given day.
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply That doesn't even make sense. There were a bunch of bidders today sub 14. Some upped and bought and the rest expired. There was not one single seller willing to touch sub 14. It's not like they didn't have the chance. At the end of trading the guys sitting on 14 had to come up and still didn't get their orders filled. You seem to be assuming all or most supply will chase demand every single day. Why? It doesn't. I, for example, have got buy and sell limit orders in different books that haven't got a snowballs chance in hell of getting filled any time soon. They're on autopilot so I don't have to give a crap what a counter does on any given day. Tuongee next wk "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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murchr wrote:researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply That doesn't even make sense. There were a bunch of bidders today sub 14. Some upped and bought and the rest expired. There was not one single seller willing to touch sub 14. It's not like they didn't have the chance. At the end of trading the guys sitting on 14 had to come up and still didn't get their orders filled. You seem to be assuming all or most supply will chase demand every single day. Why? It doesn't. I, for example, have got buy and sell limit orders in different books that haven't got a snowballs chance in hell of getting filled any time soon. They're on autopilot so I don't have to give a crap what a counter does on any given day. Tuongee next wk Sawa
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Rank: Member Joined: 6/15/2013 Posts: 301
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researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply That doesn't even make sense. There were a bunch of bidders today sub 14. Some upped and bought and the rest expired. There was not one single seller willing to touch sub 14. It's not like they didn't have the chance. At the end of trading the guys sitting on 14 had to come up and still didn't get their orders filled. You seem to be assuming all or most supply will chase demand every single day. Why? It doesn't. I, for example, have got buy and sell limit orders in different books that haven't got a snowballs chance in hell of getting filled any time soon. They're on autopilot so I don't have to give a crap what a counter does on any given day. Tuongee next wk Sawa It just takes one big seller requiring money urgently to sell at the bidding price and the cookie will start to crumble. I have been in that situation plenty of times where I couldn't hold on to a stock as I needed the money urgently.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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mulla wrote:researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply That doesn't even make sense. There were a bunch of bidders today sub 14. Some upped and bought and the rest expired. There was not one single seller willing to touch sub 14. It's not like they didn't have the chance. At the end of trading the guys sitting on 14 had to come up and still didn't get their orders filled. You seem to be assuming all or most supply will chase demand every single day. Why? It doesn't. I, for example, have got buy and sell limit orders in different books that haven't got a snowballs chance in hell of getting filled any time soon. They're on autopilot so I don't have to give a crap what a counter does on any given day. Tuongee next wk @Sawa It just takes one big seller requiring money urgently to sell at the bidding price and the cookie will start to crumble. I have been in that situation plenty of times where I couldn't hold on to a stock as I needed the money urgently. @mulla thanks for the idea. Many of us miss opportunities of making money at the exchange because we are unable to think outside the box. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 6/23/2009 Posts: 14,224 Location: nairobi
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obiero wrote:researchfirst wrote:Spikes wrote:mlennyma wrote:mlennyma wrote:researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle the fight is still whether to lose the 14 handle as I predicted and I expect a slight dive after books close before a comeback to fight losing 14 once more After books close next stop is @Researchfirst's buy price. I'll consult cartoons whether to jump in or wait for a deeper slide. @spikes. I don't think so. I am still confident we are heading to 18. Historically, BRIT rebounds very quickly from a minor selloff at book closure. Some may argue that the ride may be a bit more bumpy this year because of profit taking from recent rally, but I'm not convinced. There has been a lot of supply that refused to come down from the 15 mark. You took your profits, but a lot did not. All those buyers who jumped in when you sold (13.50?) are still holding on. 14 has been stubborn and I think this is where the fight will continue to take place. That said, you may be surprised to hear from me that I actually tend to agree with you on the H1 results. I don't think they are going to be so spectacular as to be a catalyst for a major move up. My argument is rather that the main reason BRIT took a dive in 2015 was Rawat. That issue will be fully and finally cleared at AGM. As I see it, we will hold at around 14 now (with a bias to the upside), get a bump after AGM, and a bump after H1 (which will be better than FY15 and will pull some institutional guys back in). From then - assuming election stuff does not get out of control and tank the whole market - I think a rising tide will lift all ships. In BRIT's case, right to my 18 mark. 13.5 clocked today. the share is on yassers list. buy at own peril. will go sub 13.5 on Tuesday. thank me later
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:obiero wrote:researchfirst wrote:Spikes wrote:mlennyma wrote:mlennyma wrote:researchfirst wrote:This discussion is becoming ridiculous. Actually read the article in BD, there are no "shocking revelations" and there is absolutely nothing in it to indicate that "Brtiam is run like a personal property." Some wazuans in this discussion are just upset that they bailed too early on the stock and are now (and have been for a while) desperately trying to talk the stock down to buy back in. It has not worked so far and is not going to work. Britam is an undervalued stock with a promising future. It will hit 18 this year. and by the look of things 14 to print will be a fierce battle the fight is still whether to lose the 14 handle as I predicted and I expect a slight dive after books close before a comeback to fight losing 14 once more After books close next stop is @Researchfirst's buy price. I'll consult cartoons whether to jump in or wait for a deeper slide. @spikes. I don't think so. I am still confident we are heading to 18. Historically, BRIT rebounds very quickly from a minor selloff at book closure. Some may argue that the ride may be a bit more bumpy this year because of profit taking from recent rally, but I'm not convinced. There has been a lot of supply that refused to come down from the 15 mark. You took your profits, but a lot did not. All those buyers who jumped in when you sold (13.50?) are still holding on. 14 has been stubborn and I think this is where the fight will continue to take place. That said, you may be surprised to hear from me that I actually tend to agree with you on the H1 results. I don't think they are going to be so spectacular as to be a catalyst for a major move up. My argument is rather that the main reason BRIT took a dive in 2015 was Rawat. That issue will be fully and finally cleared at AGM. As I see it, we will hold at around 14 now (with a bias to the upside), get a bump after AGM, and a bump after H1 (which will be better than FY15 and will pull some institutional guys back in). From then - assuming election stuff does not get out of control and tank the whole market - I think a rising tide will lift all ships. In BRIT's case, right to my 18 mark. 13.5 clocked today. the share is on yassers list. buy at own peril. will go sub 13.5 on Tuesday. thank me later @obiero you tend to analyse other stocks properly only KQ you go wrong. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 2/24/2015 Posts: 154 Location: Nairobi
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mulla wrote:researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:researchfirst wrote:murchr wrote:TOTAL DEMAND - 216,900 SUPPLY - 984,900 Something gotta give We've been through this before. Standing order supply (probably limit orders with and without expiration dates) is largely sticking above 15 (700k) and new demand keeps coming in at 14 and above. Look at end of session, bids are moving up. Be careful trying to read too much into aggregate figures in an order book. They don't tell you much. That said, this week's trading is telling me there is no indication of a impending selloff and signs of sticky prices at current level with a bias to the upside. How many times do I have to be correct before you guys start listening to me? It will just take one seller to place an ask of lower than 14 and that will be it. Those asking for 15 will remain holding the monkey. As long as there are willing sellers at 13.xy, 15 is un achievable. Simple demand and supply That doesn't even make sense. There were a bunch of bidders today sub 14. Some upped and bought and the rest expired. There was not one single seller willing to touch sub 14. It's not like they didn't have the chance. At the end of trading the guys sitting on 14 had to come up and still didn't get their orders filled. You seem to be assuming all or most supply will chase demand every single day. Why? It doesn't. I, for example, have got buy and sell limit orders in different books that haven't got a snowballs chance in hell of getting filled any time soon. They're on autopilot so I don't have to give a crap what a counter does on any given day. Tuongee next wk Sawa It just takes one big seller requiring money urgently to sell at the bidding price and the cookie will start to crumble. I have been in that situation plenty of times where I couldn't hold on to a stock as I needed the money urgently. It just takes one big buyer looking to build a position and supply gets exhausted very quickly. I have been in that situation plenty of times where I couldn't buy in at the prices I wanted because some big institutional buyers jumped in and pushed up the price (e.g. Safaricom). It works both ways.
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Wazua
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Briatm, Britam, Britam sounds like sweet candy!
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