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Messages - Patrick

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8056
Shares / SNV
« on: August 02, 2013, 07:06:03 pm »
SNV 2.125 cents - LDT: 2013-07-26

8057
The Investor Challenge / Re: investor challenge
« on: August 02, 2013, 02:28:59 pm »
You're right. JSE is down again. I've activated the backups links, it'll catch up in a few minutes.

8058
The Investor Challenge / Re: Now displaying transaction history
« on: August 02, 2013, 07:42:00 am »
Wait! I don't see the sneaky bit, looking but just not seeing. 

Tell us, I want to do it in real life as well. ;D

Check out SJ's holdings, you'll see.

Btw, seriously fast climbing up that leaderboard Moneypenny. specially since you only started in mid-June. Over 10% in under 2 months with every share in the green, respect  :TU:

8059
Shares / Re: Pulverized Sand Box
« on: August 01, 2013, 11:38:24 am »
Added to my competition portfolio  8)

8060
The Investor Challenge / Re: Now displaying transaction history
« on: August 01, 2013, 11:15:14 am »
Purchasing "negative" shares.....
Naughty, naughty.

Well spotted, noddy badge is yours!
There is no such thing as negative shares - the minimum cost would have to be 1 cent; otherwise they would be suspended or delisted - but nevertheless at a nominal price

Basically a system loophole was used to "sell" shares and "short" shares. It was something I realised was possible and blocked, never knew anyone noticed and used the loophole though :)

8061
The Investor Challenge / Re: Now displaying transaction history
« on: August 01, 2013, 10:31:39 am »
Purchasing "negative" shares.....
Naughty, naughty.

Well spotted, noddy badge is yours!

8062
Shares / Re: Help the newbies
« on: August 01, 2013, 08:59:16 am »
New money is in. How about a few new tips for beginners?

8063
The Investor Challenge / Now displaying transaction history
« on: July 31, 2013, 03:50:31 pm »
I've added the transaction history to all holdings pages. Noticed one very sneaky user, but I'll wait and see who else picks it up...

8064
Off topic / Re: Antique Desk - Germany
« on: July 31, 2013, 09:36:52 am »
Don't like the look of it but love the intricacies, my-oh-my what I could hide there. ;)

What do you have to hide Moneypenny ::)

Thought this topic was spam when I got the new thread notice, but what great desk, maybe I should build something like that for my next project...

8065
Shares / Re: how to be a successful share holder
« on: July 30, 2013, 05:32:11 pm »
Hmm looks like the others are quiet here. I'll jump in on the conservative side. In my opinion, if you don't know where to start, follow some of Warren Buffets advice:


Bascially, stick to index funds unless you're a pro. Some of the guys around here are and have made much more than the index, but over long periods of time the index beats almost everyone.

8066
The Investor Challenge / Re: investor challenge
« on: July 29, 2013, 04:32:10 pm »
Hey Patrick. My shares aren't updating.
JSE link was offline for a little while. It seems back to normal judging by the way my rank is dropping  :-[

I would suggest that you delete this trade. It is an unrealistic trade.

Why delete? :) If it has staying power so be it, if not, it will fade all by itself.
Can's see anything on my BoE system to show that it fell dramatically in the last few months and show that it is trading around 136 cents. Have seen situations on the JSE where an investor has entered the wrong price on a sell order but most time the order is unwound by the JSE
I saw it on ABSA the day it fell, but it may just have been a faulty trade as it bounced from the 130c range to 18c and back in virtually no time.. Realistically it probably wasn't possible for anyone to make that profit. Shi says he would accept a reversal, most likely the right thing to do in terms of the contest. Shi can I undo that trade?

8067
Shares / Re: Today's Outlook
« on: July 26, 2013, 10:12:20 am »
Very interesting article on Moneyweb today on " The performance of alternative index EFT's" written by Patrick Cairns

Link for those too lazy to search:
http://www.moneyweb.co.za/moneyweb-unit-trusts/the-performance-of-alternative-index-etfs

8068
Off topic / Re: Under attack!
« on: July 25, 2013, 06:29:40 pm »
So this is what it looks like when you get figure out how to stop attacks  :TU:

8069
Shares / Re: Tax
« on: July 25, 2013, 01:14:55 pm »
Not too bad considering how often you were selling.

8070
Off topic / Re: Math lesson
« on: July 25, 2013, 01:12:02 pm »
Never could stand the sound of chalk on a blackboard. Still can't!

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