Like I wrote here last week about the potentials of this stock, the stock just took off and did a three day run which still does not look like we have seen a weakness yet. This stock has not got as many units of shares floating like other banks in Nigeria. The only thing that will bring down the price of this stock is the increasing activities of market speculators willing to cash out of any company that gives them a quick 15% in a week.
This happened in other stocks recently, like Oceanic bank, PHB, FBN etc. next week will be interesting for this stock, are we going to see a further climb in this stock price or a sudden slump?
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