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Messages - Bundu

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91
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 08, 2014, 08:03:36 pm »
I agree tgg. There are enough guys here with Real Time Quotes and checking other investor's stocks to see any anomalies. We can then vote the trade in or out. This will also keep the forum more lively and interesting. That way we can all learn as we go along. Keeping it as it is will be more educating. Look at how lively it has become lately. We can then all stay up till 01am like some okes here.
Oops. 7.30pm. Sorry. Delete. Delete.... Burp. Can't find that Delete thingie.

Orca - you really need to watch your mouth especially after 6.30 p.m :-[
 :D :D :D

92
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 08, 2014, 04:22:55 pm »
I see Griffin is gone.

seems like his portfolio has been rolled back to R100k - if so, it's just fair :TU:

93
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 08, 2014, 03:24:08 pm »
Patrick
I can provide you with lists of shares who's average daily deals, value or volume (over 52 weeks) is less than a certain amount. Not sure what deal count, value or volume should be applied though - 'cause NPN 1000 shares (low volume) is over R 1 mill (high value) even with just 2 deals (low count), when comparing to others.
Let me know if I can assist here

I think it should be "value" and definitely not less than R100k/day, as that is what many here buy in one go

94
The Investor Challenge / Re: How to identify frequently traded shares
« on: January 08, 2014, 03:16:53 pm »
not sure what data you have available, but a possibility would be to take the average volume per day over say the past six months and only allow shares that traded on average more than say R100k per day

95
The Investor Challenge / Re: investor challenge
« on: January 08, 2014, 03:14:06 pm »
these competitions have always had a issue in the past where someone buys shares that are not very liquid, e,g . If I had bought selco with all my money I would be 131% up today.

but that not be a true reflection as they hardly trade and there would be no hope of me selling or realising my profit.

Should you not have a cap on purchases related to the shares average volume

And it did not take to long to happen this year, games a farce

I have to unfortunately agree - I see new No 1 on the leader-board, bought a share, that would have taken him more than a week to get the quantity he owns - he could no sell the lot at a massive profit, even if the real market would only accept 1% of his holdings

96
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 08, 2014, 12:54:27 am »
I agree with Bundu and Tgg. Not with the gambler and wannabe cheater gcr. At this stage I have not even bothered to enter the competition and will not do so. I cannot compete against cheaters.
This is purely an INVESTING for CLIENTS in a MANAGED ACCOUNT and not TRADING. If you want to trade then go to a trading website. Leave us investors alone to do our investing.
To avoid scalping, the only way to go is to use closing or opening prices only. Same as ShareNet does. The starting gun has been fired and should be fired again to get all back to the start point.

 
Orca - you really need to watch your mouth especially after 6.30 p.m.  :-[

 :D :D :D :D :D :D :D :laugh: :LHST:

97
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 11:57:46 pm »
And it's done. Bonus points to the first person to figure out what's changed  >:D

The update will still allow trading, but discourage very short term trading, and put a complete stop to inside trading... Unless of course someone has real inside info on companies, in which case send me a pm  :LHST:
:TU:

98
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 10:35:32 pm »
plus a 2 shot penalty to griffin and gcr for having such unsporting thoughts :))

cool

loep slaap nou  :D

99
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 09:54:04 pm »
Ok, just to set everyone's mind at ease, I'll have the new insider trade blocker running by market opening tomorrow. It'll be a surprise until then, but I quite like it. It's been hell to code so far, so I guess I have to send thanks for keeping the grey matter in shape  ;D

Then tomorrow qriffin is going to help me test and fine tune it, and tomorrow evening all his trades will be wiped clean. Everyone cool?

 8)

let's see how it goes - fanks for your efforts  :TU:

100
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 08:54:24 pm »
Jeez! you are guys rough!  ;) :D Orca, I see you have 2 smites  :D   but 13 applauds, so humanity exists  :TU:

I agree mostly - trading should be allowed, or we should have two competitions - Trading and Investing - we just have to figure out the rules to prevent spoil-sports from doing things that are unsporting - closing prices are probably the safest bet, but not all that realistic, as often during the evening, things happen in the USA, that we all know will make some shares shoot up or down - if the 'buy' or 'sell' can be delayed for the time that our prices are delayed, that could work, but I'm not sure of the complexities involved  ::)

Maybe Patrick should do a poll with options that he can incorporate without too much hassle?

101
The Investor Challenge / Re: And the 2013 Investor Challenge winner is…
« on: January 07, 2014, 07:34:21 pm »
http://www.investorchallenge.co.za/and-the-2013-investor-challenge-winner-is/

Congrats to qriffin, AMT and DGrobbs  :TU:

Comments, congratulations and how the hell did you do that's to be posted here please.

Found a loophole >:D

Patrick, please remember that we appreciate what you are doing for us and I believe you want to make this thing as 'real life' as possible.

It will be sad, if the buying and selling of shares becomes less 'real life', just because people look for areas to get an unfair benefit

102
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 07:11:27 pm »
I am totally against rolling back the transaction - in the context of the competition I recommended that we split the competition into two parts those who wanted to enter the competition as investors and those who wanted to enter as traders. This recommendation was not carried and now because we want to run a single competition we want to unwind a trade where a "trader" has been opportunistic. I hold CSB (Cashbuild) in my real portfolio and towards end of day the price dropped to R 155 a move of R 5.05 from yesterday. I too could be opportunistic and buy the shares after hours and wait for it to return to yesterdays close and thus show a gain of R 5.05 and more as it got as high as R 160. At this time of the year the fund managers are all playing games having window dressed their year end results with almost all time highs - and now the reality sets in. You could also potentially make significant gains if you bought BEL (Bell); YRK (York); POY (Poynting); PSG (PSG) after hours tonight as surely these share prices will recover during the course of tomorrow. To my mind the only time a trade can be unwound is if there is a trade at the competition level but not at the market level, thus if no trade on the market then the trade can't happen in the competition.
We need to realise that the essence of this competition is to end in the number 1 slot, how it is achieved is incidental, and if there are loopholes in the competition then we need to get consensus to close those loopholes without damaging a competitors situation adversely   

the problem with griffins trade, is that he knowingly did something that is not possible in real life, except for those that can buy at historic prices  ;)

I'm assuming the idea of this competition, is to mimic 'real life' - if not, I'll excuse myself

103
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 07:08:40 pm »
in the context of the competition I recommended that we split the competition into two parts those who wanted to enter the competition as investors and those who wanted to enter as traders. This recommendation was not carried

It may still be carried out. I could easily have 3 leader boards, one for traders (who sell at profit), one for investors, and the current one.

and a seperate one for those playing against the spirit of the game :D

kan jy nie lees jou donner?  ;) :D

104
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 05:06:20 pm »
and griffin sells at 11.29, price dropped on jse at 11.11.

not very sporting

very unsporting! :wtf: I can't help but wonder, if that is also the tactics he employed when buying last year..... ::)
I don't believe griffin is unsporting at all - he saw a gap in the process/system/and rules and exploited it. The only way you get a robust system that caters for the majority is letting lose some mavericks to test the system and find the gaps. I get live prices on my broker system and I too watch the price being used by this system and buy in when there is a difference in price, and I will do the same when selling - its called playing the odds

well it's not like it was an extremely skillful move and I think most of us have realized this for some time - another gap is obviously when the data does not update, often on Mondays - in my book it's like using illegal performance enhancers in sport - very unsporting

105
The Investor Challenge / Re: The 2014 Challenge has begun!
« on: January 07, 2014, 01:24:00 pm »
and griffin sells at 11.29, price dropped on jse at 11.11.

not very sporting

very unsporting! :wtf: I can't help but wonder, if that is also the tactics he employed when buying last year..... ::)

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