Share Forum - Discuss JSE shares and join the Investor Challenge

Quote from: Orca on December 20, 2013, 01:26:18 pm

Six of the top 10 are penny share holders of which 5 are 1c that doubled to 2c. This already tells you that 1c stock holders will always be in the top 10. If this is allowed then most participants will in future buy 1c stocks and make a mockery of the competition and the genuine investors will not bother to partake.

By the same token those who have bought penny stocks to win the competition may well also not participate next year because of the rules, so it makes sense to split the competition in two - the serious investors are happy and the gamblers are happy

Good, because the Penny guys are few. I went according to the introduction page and invested accordingly. I would not think of gambling public money. Even less, my family and friends money. Some people did not bother to read it. 

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 

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 

would that be "insider trading"? 


Maybe we should set a minimum price for shares that qualify, such as 50c (or whatever) and also a liquidity low level for a previous period, such as at least R10m traded per month over the past year (just an example)

I also believe we should not be allowed to trade, if the prices are not updating, as often happens on a Monday

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.

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?

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.

I personally don't have a prob with Griffin's stocks as they could have gone down. I do have a problem with the 1c stocks that could only go up and a small chance of getting suspended.
Well done Griffin. 

The Topi and Indi are benchmarks.

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 

hey frikkie, het ek met jou gepraat.  moet nou nie asb frikkie van brakpan wees nie. die aandele wat jy noem het almal hulle gat gesien hiedie jaar, sowel as my  goud endevour.

So kalmeer asb bietjie chappie. Ek moet seker nou ook vir jou vra of jy bietjie pui is