Dangote Cement and Access Bank; the push back starts where it matters

Dear Readers,
                       This morning Access Bank was down in excess of 5% during trading hours.  During the last two hours of the trading day, there was a concerted effort to mop up the supply side to stop the bleeding on the downside.  The stock succeeded in closing the day just down 0.46%.  Maybe, another 30 minutes of trading and a deep red price movement would have a turned into a shallow green price movement.
 
Dangote Cement also rose with minimal shares traded <55,000 and as expected boosted the overall market as it single-handedly makes up one-third of the market capitalization of the Nigerian Stock Exchange.  There are vested interests here of course and plenty of exposure...  If Dangote Cement goes down (stock price wise), the Nigeria ASI Index goes with it and many emerging market portfolios will be hit.

Stay tuned.  We are in interesting times. Companies that use chicanery to drive interest in their stocks, will find their level regardless of artificial forces postponing the doomsday.

I told you about Forte Oil, since 2014. Where is Forte Oil now?

 The TRUTH will set us free; I will keep telling it.  Its a CALLING and I have answered the call.  

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