Thursday, May 25, 2006

Kengen share Price drops

Todays drop in the share price of kengen from kshs. 40 to 36 is perhaps the begining of a tur bulent trading experince for this counter. Retail investors are known to react in a huff when the price of a stock drops on the NSE. They are likely to start selling in droves. This will be compounded by the fact that most of the shares issued on the IPO were picked up by these small investors.....

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home