Share Forum - Discuss JSE shares and join the Investor Challenge

Quote from: Frikkie on December 22, 2013, 02:35:36 pm

No it wouldn't.  But what I find far more insulting is when a chop like tgg* comments on arseholes, while most of his investment is focused on the mining sector.  It does not take a genius to realise that I had a far more balanced portfolio, and despite the "luck" with AH-vest, I would still have been miles ahead of him.

I played the game with the knowledge that we'd be limited by a 1-year cutoff.  Which is why I find it laughable that so many members bleat that they wouldn't have risked investing in penny stocks.

Rather than be a chop about pennies, prevent players from buying the same shares twice within six months.

you seem to have decided that tgg's comment was directed at you - why?

I didn't decide that at all.  You assume too much.  I'm here for the same reasons you are.

Quote from: Frikkie on December 22, 2013, 10:13:32 am

I don't know about arseholes much...  Personally, I "invested" in AH-vest based on some personal connections, and the fact that it was at an attractive price point.  It recovered slowly, over 6 months, to similar levels it held a year ago.  Hardly the same as buying a 1c share and seeing it double in value in a day or two    While I concede that the volumes traded is not realistic, there is no way I could have exploited a loophole in the game way back in May.  Some of the comments here really do sound like sour grapes 

At a glance, there are several interesting shares in the sub-R1 list.  Jasco, Gijima and Cadiz come to mind.  I'd say cap it at 10c rather than R1.

I get far more upset at guys having ETFs in their portfolios.  Perhaps they didn't expect that Patrick would make it visible for all to see 

If Patrick could not forsee the rules being broken this year (guys negative selling & 1c shares being bought) opening up the competition to include trading for next year is going to bring on lots of other unforseen issues eg. Who's going to make sure of the share bid/buy volumes at prices being aquired? Maybe running two competitions 1 investing and 1 trading with shares under 10c being made unavavilable might be the way to go. I wish everyone the best of luck in next years competition with a reminder, doing well in the stock markets is not dependend upon one's intelligence but attitude.

Yeah.  I think you probably broke the rules more than many other players did, if ethics or intelligence comes into the equation 

Rather than trying to regulate or automate the game to pieces, I would prefer that a panel of judges rate our portfolios, so that lopsided or unrealistic investments can be excluded from the podium.

I don't know about arseholes much...  Personally, I "invested" in AH-vest based on some personal connections, and the fact that it was at an attractive price point.  It recovered slowly, over 6 months, to similar levels it held a year ago.  Hardly the same as buying a 1c share and seeing it double in value in a day or two    While I concede that the volumes traded is not realistic, there is no way I could have exploited a loophole in the game way back in May.  Some of the comments here really do sound like sour grapes 

At a glance, there are several interesting shares in the sub-R1 list.  Jasco, Gijima and Cadiz come to mind.  I'd say cap it at 10c rather than R1.

I get far more upset at guys having ETFs in their portfolios.  Perhaps they didn't expect that Patrick would make it visible for all to see