• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Equities Stock Market

When Does One Walk Away From A Stock?

Onome Ohwovoriole by Onome Ohwovoriole
February 8, 2017
in Stock Market
Share on FacebookShare on TwitterShare on Linkedin

Nairametrics|Greed is one of the most repulsive, yet common human trait. It is also an essential quality needed for success as a trader in the stock market. Buffetarian philosophy advices one to be greedy when others are fearful. No one ever states when one should stop being greedy.

I had bought a tranche of United Capital shares at ₦2.45 naira on purely fundamental reasons. The stock peaked sometime this week at ₦3.90 naira per share. Almost 60% profit in six months.Then the stock market turned r and the stock began to drop. While I feel both the pull back and bearish market are momentary, the uncertainty in the economy and country could make them last longer.

Leaving me in a dilemma. Hold or sell? All through today’s trading session, I kept moving my mouse on the sell button. Sell or hold kept ringing in my head. The stock will advance when a dividend announcement is made, but how low will it go till then? Jamb question.

RelatedStories

Why the Market Is Betting on the Naira, Crypto’s Decline & GDP’s Hidden Story | Drinks & Mics

Why the Market Is Betting on the Naira, Crypto’s Decline & GDP’s Hidden Story | Drinks & Mics

March 1, 2025
Insurance Sector: Nigeria’s galloping inflation to drive claim costs 

Analysts predict inflation fall in second half, reveals expected rate for December 2025; boom in stocks 

February 17, 2025

So I went in half way. Sold half of my United Capital at a 45% gain. If the tide turns, I will sell the rest of my United capital shares at a stop price of 3 naira, which gives me a 20% profit. Higher than the yield on six- month treasury bills and the inflation rate. Back to the question: When does one walk away from a stock? That’s another jamb question. I don’t have an answer.

Tags: STOCKS
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

Related Posts

Why the Market Is Betting on the Naira, Crypto’s Decline & GDP’s Hidden Story | Drinks & Mics
Digital Media

Why the Market Is Betting on the Naira, Crypto’s Decline & GDP’s Hidden Story | Drinks & Mics

March 1, 2025
Insurance Sector: Nigeria’s galloping inflation to drive claim costs 
Economy

Analysts predict inflation fall in second half, reveals expected rate for December 2025; boom in stocks 

February 17, 2025
NGX
Equities

NGX must hold stocks with double digit upside for the year

January 23, 2025
Why The Naira Is Gaining Against The Dollar.
Digital Media

Where to invest in Nigeria in 2025!

January 8, 2025
Follow the money
Digital Media

Insurance Stocks To Buy

November 29, 2024
John Holt PLC rises over 70% month-to-date amid market activity spike 
Equities

John Holt PLC rises over 70% month-to-date amid market activity spike 

November 11, 2024
Next Post

Analysis: Why Nigeria's 7% Growth Target In Industry Is Another Blah Blah Blah

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Canadian province shuts family reunification intake for spouses, adult dependent children until June 2026 
  • Lagos State orders immediate halt to reclamation activities at Orange Island over drainage violations 
  • FG sets new rule mandating SON certificate for contractors bidding on public projects

Follow us on social media:

Recent News

Canada

Canadian province shuts family reunification intake for spouses, adult dependent children until June 2026 

July 12, 2025
Lagos State orders immediate halt to reclamation activities at Orange Island over drainage violations 

Lagos State orders immediate halt to reclamation activities at Orange Island over drainage violations 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics