16
Shares / Re: Sibanye (SGL)
« on: February 17, 2014, 09:04:04 pm »
I started buying sgl at 12 as they had potential to get to 16 and went through steel ball stuff when they got to 8,5, but bought more , stripped my moer when they got back to 9 as that was my cost then and sold as the loss had given me nightmares, so just wanted to get out, but bought most back at 9.5.
I think they are above value at current prices for their return in the next few years and there should be a correction , but then they have hit a momentum that I hope my exwife, I still live with will have in bed tonight.
Todays sens will just send them higher, But what are the market expectations.
Their results are out on the 20th I think, They will not warrant their current price. But then that is not the way the market works.
I am just gratefull I bought one of the momentum shares.
I think they are above value at current prices for their return in the next few years and there should be a correction , but then they have hit a momentum that I hope my exwife, I still live with will have in bed tonight.
Todays sens will just send them higher, But what are the market expectations.
Their results are out on the 20th I think, They will not warrant their current price. But then that is not the way the market works.
I am just gratefull I bought one of the momentum shares.