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Author Topic: Live chat  (Read 2973794 times)

jaDEB

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« Reply #6690 on: January 29, 2018, 04:44:30 pm »
I did @ R12.95, but will do some more in March. How is that NFLX shares, I have it on my list for March :'(
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jaDEB

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Hamster

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Re: Live chat
« Reply #6691 on: January 29, 2018, 05:43:05 pm »
Quote from: floydthebarber71 on January 29, 2018, 04:23:48 pm
Anyone know what happened to Discovery today? Down 6% out of nowhere
Everything went down. I reckon it was because of Moody's note of concern on the Cape water crisis. At about the same time the Rand was trading at about R12K to the USD.

Just a guess. CPI was down about 10% at one stage.
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Nivek

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Re: Live chat
« Reply #6692 on: January 30, 2018, 07:42:02 am »
Quote from: Hamster on January 29, 2018, 05:43:05 pm
At about the same time the Rand was trading at about R12K to the USD.
R12K to the USD, did they make Zuma president for life  :LHST: :LHST:
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Hamster

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Re: Live chat
« Reply #6693 on: January 30, 2018, 09:09:46 am »
Quote from: Nivek on January 30, 2018, 07:42:02 am
Quote from: Hamster on January 29, 2018, 05:43:05 pm
At about the same time the Rand was trading at about R12K to the USD.
R12K to the USD, did they make Zuma president for life  :LHST: :LHST:

 :-[

 :wall:
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Hamster

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« Reply #6694 on: January 30, 2018, 10:14:26 am »
So... Capitec... this is not gonna end well. Viceroy report.
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Hamster

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« Reply #6695 on: January 30, 2018, 10:18:06 am »
Or maybe it will. Storm in a teacup?
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floydthebarber71

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Re: Live chat
« Reply #6696 on: January 30, 2018, 11:22:28 am »
Quote from: jaDEB on January 29, 2018, 04:44:30 pm
I did @ R12.95, but will do some more in March. How is that NFLX shares, I have it on my list for March :'(

Holyyyy cow!! Amazon been strong, can only imagine another jump when they announce quarterly results this week
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Moneypenny

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« Reply #6697 on: January 30, 2018, 01:51:51 pm »
Wait a bit, Viceroy was founded by a short-seller Fraser P-something, who partnered with 2 youngsters from down under and they are now Viceroy Research?
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gcr

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Re: Live chat
« Reply #6698 on: January 30, 2018, 03:17:17 pm »
Quote from: Moneypenny on January 30, 2018, 01:51:51 pm
Wait a bit, Viceroy was founded by a short-seller Fraser P-something, who partnered with 2 youngsters from down under and they are now Viceroy Research?
Articles in Business Day and Moneyweb today about Viceroys new target - Capitec Bank - which I suppose will have a knock on effect on PSG and maybe even Curro.
Seems like this crowd is a bit of a hatched job as they are short traders. I believe some or other company will target them and regret they put pen to paper
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gcr

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Re: Live chat
« Reply #6699 on: January 30, 2018, 03:20:29 pm »
Patrick - I notice that there are only 191 participants in this years competition any reasons for the drop off of participants?
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Patrick

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« Reply #6700 on: January 30, 2018, 04:24:42 pm »
No idea actually, but if I remember right last year was similar at the end of Jan, people joined during the year. I'd like more players obviously, just not sure how to get them onboard. There are nearly 3000 forum members, but most aren't active, I assume they registered to be able to download attachments or something.
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Bread

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Re: Live chat
« Reply #6701 on: January 31, 2018, 08:05:25 am »
Maybe if you changed the rules to exclude traders and speculators more people will join.
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Moneypenny

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« Reply #6702 on: January 31, 2018, 09:34:27 am »
I think people (and by that, I mean mostly men) don’t like to lose and specially not in public.  With investing/trading you will lose somewhere, somehow.  The trick is to learn from it and keep going, who cares anyway, it’s a personal journey and nobody is right all the time. That’s way people wait to enter, they first need to see somebody else is down by twenty-something percent and then go in.  Boggles my mind. :)
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gcr

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Re: Live chat
« Reply #6703 on: January 31, 2018, 12:41:38 pm »
Quote from: Moneypenny on January 31, 2018, 09:34:27 am
I think people (and by that, I mean mostly men) don’t like to lose and specially not in public.  With investing/trading you will lose somewhere, somehow.  The trick is to learn from it and keep going, who cares anyway, it’s a personal journey and nobody is right all the time. That’s way people wait to enter, they first need to see somebody else is down by twenty-something percent and then go in.  Boggles my mind. :)
I think your comments are accurate as regards traders as some 95% are never successful. However when investing this is a different kettle of fish. If you invest for the long terms then you need to invest in solid companies that you feel will enhance your wealth over time. This type of investing is not like taking a lottery ticket, and hoping to win a bundle, but rather participate with the companies as they grow. Many companies have some form of cyclic progression and also suffer from pull backs from time to time but these are normally company generated - Woolworth's is a prime example of 2 events which have occurred and I still hold my stock - in the early 2000's they got their clothing merchandise wrong and it hurt their share price dramatically, and the most recent is the Davy Jones fiasco - however I am comfortable to hold and add in this share.
To my mind there is a more sinister matter which I don't know how you wash out of the system and that is irresponsible journalistic (in its widest  sense) reporting and everyone sees the future in the tea leaves.
As to people waiting to see who is on the bottom of the board - I don't buy that as the competition awards you R 100,000 per month and you can quite comfortably sit on the sidelines whilst being in cash awaiting the option to buy.
I have long held the view that this is a traders competition and not an investors competition - you are not penalised for trading other than through the buy/sell charges - my view is that maybe it needs to be split into a trading completion and a further one for investors which will cover a 3 year window period
So just my opinions on the set up   
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gcr

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Re: Live chat
« Reply #6704 on: January 31, 2018, 12:43:42 pm »
Orca - you must be feeling a bit happier these days as Adapt IT are starting to show an improved share price and their results weren't too shabby either :TU:
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