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Bought Transcorp Shares With My School Fees: Mistake?

Pls i need somebody that knows much about stock to advice me b4 i faint.i just bought transcorp shares worth #50,000 @#4.05k per share last week friday and just two days later wich is on monday,the stock went down to #3.85k making me

loose 20k,and the worst of all is that this is my sch fees money.so pls i need somebody to tell me the possibility of this transcorp rising to at least my cost price so that i can sell and have my money back.pls its urgent

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20 answers

@poster

You just invested into Ota farms, where you don't get the rewards of investment.

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ah ah

make una pity the guy now.

He's already down and you people are stepping down on him too

So unNigerian

una no get heart?

@ poster,I hope you learnt a good lesson.

sell and get the rest of the money,go back and beg your parents for the rest of your school fees.

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whatsoever a man soweth, that shall he also reap

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@ poster

Don't you worry 'bout a thang. No Risk No Reward No Guts No Glory

There's always a way out of any fix.

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yes o - next time you can use your wifes bride price

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@poster,good move there.dont mind the cowards talking rubish.if u try u dont succeed,try again.u have taken a first step to success.visit stockmarket tips for nigerians.

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my guy, i don't really know how much you worth in terms of penny stock, but i know i worth so much that i can comfortably buy 3 honder baby boy in terms of penny stock. see some years ago precisly 2005, AP stock stood at N48 and people were running away from it. Thank God i bought so much while i was serving. Now go and check the price. Also I bought Vitafoam Stock at 7.42 in 2003, by 2006 it went down to N4.25 and stood there for so long. I kept buying and buying now go and check the price. If i have 200,000.00 today i will buy transcorp. i don't your analyst but me am cool with that in the nearest future it will be hot cake

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@ poster

Don't let anybody deceive you. just know that " in every trash there will always be a hidden treasure". The richiest america shoe factory saw sandal in indan and not poverty that he collegue saw then. And he invested in the future. My brother you have just invested in your future and the future of your children. Mike Adenuga paid so much non refundable fee for GSM license initially with Abdulsalam yet it was revoke by Obansanjo. A friend encourages him to re invest and he did now we are shouting Glo with pride. But my little advice for you is that don't rush to do things. A journey of million years start with single step they say.

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You need no apologies. Transcorp shares has been going down after their IPO. If you needed to buy shares, not transcorp that everybody knew that something was wrong with since the main man is out of the scene.

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Sorry @poster, remember, most billionaires today took risks and gambles similar to yours to get started, so you can remember that,

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Okay, am sure uve received enuff flogging from other members, so let me offer my humble advice. Thing is, what u did, was adventurous. It wasnt cool, using your schoolfees for that, but it shows at least you were thinking of making your money work for you which shows you are thinking way ahead of the pack.

As for capitalism, someone mentioned its the rick taking from the poor, well, its the only system that works, people produce ideas, build businesses, and employ people, unlike communism, which doesnt work, look at cuba for crying out loud.

Anyway, guy, investing has its risks, and well you lost money, its not the end of the world, just cut your losses. You could wait for it to rise, or you could just sell and raise the rest yourself. Investing is cool, next time, just use money you wont mind losing.

Cheers and good luck, dont beat urself up, the mistake has already been made!

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He needed an advise.

Besides, my guy is not complaining because he knows the advise will be very useful to him.

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what kind of advice is this?? do u want him to start a cycle of lies.

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My dear take heart.

If u had used that very money to play coupon it wud have been better 4 u.

My advise is that u go home and tell ur parents that robbers attacked u.

Simple!!!!!!!!!!!!!!!!!!!!!!!!

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Please i need somebody that knows much about stock to advice me before i faint.

You dont need anybody, go ahead and faint.

In the first place did u ask for advice b4 u venture into buying. "Transcorp for that matter"

Everyone knows that after the IPO of transcorp there has been fall in the price n you went ahead to buy and not just buy but with your "school fees" that you might probably need ASAP. if it is with another money it would have been better cos no one knows tommorrow, the price might increase but not now.

Please follow trend of things ok. Dont be too ambitious.

One side of me feel for u but on the other side

Please go ahead and faint.

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i feel absolutely no sympathy for you - what kind of person takes his school fees and gambles with it? because thats exactly what you did. what knid of person are you, anyway? It's been all over the news that Transcorp shares are in free fall.

i hope you've learned your lesson - no such thing as easy money. you were looking to score big and oppress the daylights out of your classmates.

maybe i'm being too caustic, but i have this thing at the back of my head whenever i buy shares - this money may just be as they say - ' entering bush'

@ all, DO NOT ENGAGE IN WILDCAT INVESTING with money you cannot doe without

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Pele I almost bought that poo or is it shares, but one anti OBJ guy discouraged me. The guy said once OBJ leaves, transcorp will be an infinite wasteland. I didn't appreciate what he did till transcorp shares went south. I believe that someday it will turn to a good buy but that day is not today.

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welcome 2d clubof those licking their wounds. theres a seat 4everyone here. but seriously, ur case is pathetic. most us bought transcorp with our life,s savings, n here we are licking our wounds.take heart. e fit better.

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@N4.05K, I DONT THINK THEY WILL GO LOWER THAN THAT AGAIN

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Lucky you, bought IPO at 7.50 with loan and yet to receive Certificate.

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