Author Topic: Live chat  (Read 2974825 times)

Patrick

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« Reply #4935 on: December 15, 2016, 09:23:30 am »
US rates up, ZAR down...

Lamak

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« Reply #4936 on: December 17, 2016, 12:48:07 pm »
i got a Million bucks in Divies

Orca

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« Reply #4937 on: December 17, 2016, 02:21:18 pm »
Wow. So that means you have +-R30M invested if they all in stocks.
I started here with nothing and still have most of it left.

gcr

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« Reply #4938 on: December 17, 2016, 06:28:38 pm »
Wow. So that means you have +-R30M invested if they all in stocks.
+1
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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« Reply #4939 on: December 18, 2016, 11:02:12 am »
Interesting Lamak, were you trying the "buy for the divi then sell" strategy?

Lamak

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« Reply #4940 on: December 18, 2016, 02:52:21 pm »
@Patrick. yes. that is all i did. At the beginning i was hoping to sell atva profit. but never happened one. So afterward, i get the divie and sell

Lamak

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« Reply #4941 on: December 18, 2016, 02:54:21 pm »
also, i would never sell. i like collecting shares. i accumulated tge monthly allowance and reinvested in the next high paing divi

Lamak

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« Reply #4942 on: December 18, 2016, 02:55:31 pm »
btw....it is only in this challenge and not in real life

Moonraker

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« Reply #4943 on: December 18, 2016, 04:41:23 pm »
Aw shucks!  Why not? ... no desire to retire :)

Lamak

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« Reply #4944 on: December 18, 2016, 04:44:26 pm »
lol...i wish. im working towards it....very very very slowly

Patrick

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« Reply #4945 on: December 19, 2016, 08:33:02 am »

Patrick

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« Reply #4946 on: December 19, 2016, 08:33:44 am »

Patrick

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« Reply #4947 on: December 19, 2016, 08:36:16 am »
@Lamak, it worked surprisingly well. I know Mr Div was looking into this in real life, Mr Div what happened to that? In theory you should have lost the equivalent amount in sales that you made up in divvies, but that's not what happened. The only difference between real life and the game in this case is liquidity. This really deserves looking into...

Orca

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« Reply #4948 on: December 19, 2016, 10:48:45 am »
In the comp we get paid divies on LDT day and not when the actual payment gets paid or when the price goes ex divie. Lamak sold before ex divie day and scored that way. The Record Date for IPF was 15th and he sold on the 13th which was the LTD day. The payment date was 19th. This will never work in real life.
I started here with nothing and still have most of it left.

Patrick

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« Reply #4949 on: December 19, 2016, 11:49:04 am »
Not so Orca, the price drops after LDT, usually a friday, but if he sells on a weekend the prices is readjusted after monday mornings opening prices. Also look at some of his trades, the sales often happen many days after the divvie. I'm finding it very interesting!