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CMC MOTORS Boardroom Wars
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FUNKY
#1 Posted : Friday, June 03, 2011 10:29:28 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.

What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know?
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  | | Edit by moderator: Thursday, September 15, 2011 9:22 AM | Reason: topic clarified
nahdy
#2 Posted : Friday, June 03, 2011 10:35:21 AM
Rank: Member

Joined: 6/29/2006
Posts: 184
x + x = xx or 2x ?
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FUNKY
#3 Posted : Friday, June 03, 2011 10:38:30 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
nahdy- what is your logic in the equation? Please share.
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lovely2010
#4 Posted : Friday, June 03, 2011 10:41:16 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
FUNKY wrote:
Guys i just got inside information that the chairman for Andy Forwarders who is also in the board of CMC is the one buying shares of CMC and causing the price hike.

What can we say about this? I am sure there must be something good in this company thats why he is accumulating the shares,what can it be that we do not know?


Since you got some info, why dont you buy along with the big boy, but exit once you reach your target coz he might be also playing game.
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nahdy
#5 Posted : Friday, June 03, 2011 10:46:25 AM
Rank: Member

Joined: 6/29/2006
Posts: 184
FUNKY wrote:
nahdy- what is your logic in the equation? Please share.


its for u to find out as u had the info....
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FUNKY
#6 Posted : Friday, June 03, 2011 10:47:32 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
Lovely i am also already accumulating got 10,000 more today at 12.90.
Will jump off the bus when the price reaches 15/- which is going to reach very soon.
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lovely2010
#7 Posted : Friday, June 03, 2011 10:54:16 AM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
FUNKY wrote:
Lovely i am also already accumulating got 10,000 more today at 12.90.
Will jump off the bus when the price reaches 15/- which is going to reach very soon.


You are so daring...!!! I accumulated mine when it was on the nines and am already out. Huogopi?
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Apple Bees
#8 Posted : Friday, June 03, 2011 11:18:42 AM
Rank: Member

Joined: 7/5/2008
Posts: 390
me got in at 12 sometime back. if it reaches 13.50, am out and wont return!
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FUNKY
#9 Posted : Friday, June 03, 2011 1:54:46 PM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
@ lovely...as i said the price is going to reach 14-15 range so y should i be afraid and the information is from a reliable source.
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lovely2010
#10 Posted : Friday, June 03, 2011 2:12:18 PM
Rank: Member

Joined: 10/25/2010
Posts: 519
Location: nairobi
FUNKY wrote:
@ lovely...as i said the price is going to reach 14-15 range so y should i be afraid and the information is from a reliable source.


I dont trust any source...but the most important thing is to make money...if you believe ur right then you have nothing to worry about what others say...besides we all trade differently...
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