Friday, September 19, 2008

The Power of Information in this Age or is it the Information Edge

Dear Kasigi,
Indeed information is power, did you read the New Vision Daily’s Editor’s Opinion on Friday 12th September 2008 about Uganda Clays ‘irrational’ buyers, where was the editor when after sacking Pike from NVL the share price appreciated 30/= each trading day from around 430/= to 2700/=???? Star Trader’s understanding of the market is that prices are moved by the forces of Demand and Supply- psychology affects either of the two: demand and supply.
Anyhow back to The Power of Information in this Age: well view the trading board Before and After Editor's Opinion.

Before: Closing deals on 11th September 2008: Uganda Clays Counter
After: Closing deals on the18th September 2008: Uganda Clays Counter



Well Information moves money: no doubt!
New Vision's editor's opinion has no doubt contributed to Market liquidity- Thanks NVL





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