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Author Topic: How to identify frequently traded shares  (Read 76270 times)

gcr

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Re: How to identify frequently traded shares
« Reply #45 on: February 03, 2014, 02:02:52 pm »
Quote from: Bundu on February 03, 2014, 01:09:36 pm
I would not add ITE - none traded today so far and quite big swings in price
see attached
I can't agree with you on this - this competition is all about investing and if the company can have a swing of between R 5.50 to say R 8.00 over a 12 month period then surely that change could be meaningful in such a competition - we should not exclude such shares from the competition. In my private portfolio I bought Poynting Holdings at R0.82 cents 2 years ago and today they are trading at R 2.70 - Poynting I think is also excluded from shares one can buy though why I have no idea
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Bundu

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Re: How to identify frequently traded shares
« Reply #46 on: February 03, 2014, 02:10:47 pm »
Quote from: gcr on February 03, 2014, 02:02:52 pm
Quote from: Bundu on February 03, 2014, 01:09:36 pm
I would not add ITE - none traded today so far and quite big swings in price
see attached
I can't agree with you on this - this competition is all about investing and if the company can have a swing of between R 5.50 to say R 8.00 over a 12 month period then surely that change could be meaningful in such a competition - we should not exclude such shares from the competition. In my private portfolio I bought Poynting Holdings at R0.82 cents 2 years ago and today they are trading at R 2.70 - Poynting I think is also excluded from shares one can buy though why I have no idea

we normally have a 'budget' of R100k and in the past 136 days, ITE has only traded more than R100k on 51 days - not what I would call a liquid share
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« Last Edit: Tomorrow at 06:13:55 PM by Bundu »

Patrick

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Re: How to identify frequently traded shares
« Reply #47 on: February 05, 2014, 08:55:18 am »
Another proposal, how about we allow investing in companies like ITE, but not trading, ie no sell option for ITE?
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gcr

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Re: How to identify frequently traded shares
« Reply #48 on: February 05, 2014, 10:06:17 am »
Quote from: Patrick on February 05, 2014, 08:55:18 am
Another proposal, how about we allow investing in companies like ITE, but not trading, ie no sell option for ITE?
Patrick - I would support you proposal. I don't know of a trader in his right mind that would want to trade ITE as volumes are low and price movements are normally gradual. Another suggestion is that you limit buy and sell orders against that days volumes for the day - if you buy/sell volumes greater than those traded for the day then you will only have your order executed up to the volumes traded and at the price that the shares traded at not your order price
Just my views
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Patrick

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Re: How to identify frequently traded shares
« Reply #49 on: February 05, 2014, 10:15:19 am »
Quote from: gcr on February 05, 2014, 10:06:17 am
Another suggestion is that you limit buy and sell orders against that days volumes for the day - if you buy/sell volumes greater than those traded for the day then you will only have your order executed up to the volumes traded and at the price that the shares traded at not your order price
Just my views

Sadly that's impossible with the data I can pull automatically...
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Aragorn

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Re: How to identify frequently traded shares
« Reply #50 on: February 05, 2014, 12:42:57 pm »
So Patrick, what you are proposing is that we provide for the opportunity to buy shares on infrequently traded shares, but not allow for the ability to sell them (i.e. to prevent actual trading). I guess it's fine by me, but now you'll have the investors saying that if I bought them, I should have the right to sell them in 6 months time for xxxx reason (not trading related).
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