35 replies to this topic

[Ninja]

Zico wrote on Mon, 04 March 2013 14:25

There is no correlation - Gold price steady and rand @ 9.09 - Gold stocks oversold but still on sale

do like i do... if ever you feeling down because of gold... watch the roffey review!!! he will give you more than a dose of confidence

[oceancity]

There is no correlation - Gold price steady and rand @ 9.09 -
Gold stocks oversold but still on sale

[oceancity]

Zico wrote on Thu, 28 February 2013 13:58

Zico wrote on Tue, 26 February 2013 09:39 Zico wrote on Fri, 22 February 2013 11:31 Zico wrote on Thu, 21 February 2013 09:15 Zico wrote on Mon, 18 February 2013 09:08 Zico wrote on Tue, 12 February 2013 09:43 I will be buying around R88. Glad I did not pull the trigger on GFI - ANG looks a better long - I'm hoping it dips below R235 - I will then buy a reversal through 235 and the target will be the gap @ 252.01 Long ANG @ 225.00 - Target is the GAP -although I could be taking half off the table above 245(when it gets there .... yawn... in March sometime). The Shorts on GFI still have to cover - I'm long GFI @ 77.90 - Target - watch this space... I've cut GFI - for a loss @ 77.37 - still holding ANG Out on ANG @ 219.90 - one of my most disappointing trades (Gap around 251 still exists )

Don't ask why ? I'm in(long) ANG @ 219.87 - It's a new trade.
I can still see the value in this one.

[Ninja]

my gold ride has just begun...
holding big longs on all 3 ANG, GFI and HAR

[oceancity]

Zico wrote on Tue, 26 February 2013 09:39

Zico wrote on Fri, 22 February 2013 11:31 Zico wrote on Thu, 21 February 2013 09:15 Zico wrote on Mon, 18 February 2013 09:08 Zico wrote on Tue, 12 February 2013 09:43 I will be buying around R88. Glad I did not pull the trigger on GFI - ANG looks a better long - I'm hoping it dips below R235 - I will then buy a reversal through 235 and the target will be the gap @ 252.01 Long ANG @ 225.00 - Target is the GAP -although I could be taking half off the table above 245(when it gets there .... yawn... in March sometime). The Shorts on GFI still have to cover - I'm long GFI @ 77.90 - Target - watch this space... I've cut GFI - for a loss @ 77.37 - still holding ANG

Out on ANG @ 219.90 - one of my most disappointing trades (Gap around 251 still exists )

[oceancity]

Vader wrote on Thu, 28 February 2013 09:40

Zico wrote on Thu, 28 February 2013 09:25 GFI is getting to close to filling a GAP left in 2008 - yes 2008 Zico, surley you cannot draw any conclusions fro the charts, GFI of today is not the same company as it was. Everything has changed. It is basically a new company using the same name? IMHO it will take a while for GFI to find its new price and range.

True - very true - if you were SHORT - hoping to fill the gap you still would pay in like R14 for SIBANYE GOLD - so in reality the price is more like R75 + R14 = R89.
The real point to take note of is when you see a share approaching a GAP - trade it.
So after the SIBANYE GOLD split - GFI was a short to close the gap.

[Nick B]

Zico wrote on Thu, 28 February 2013 09:25

GFI is getting to close to filling a GAP left in 2008 - yes 2008

Zico, surley you cannot draw any conclusions fro the charts, GFI of today is not the same company as it was. Everything has changed. It is basically a new company using the same name? IMHO it will take a while for GFI to find its new price and range.

[oceancity]

GFI is getting to close to filling a GAP left in 2008 - yes 2008

[Ninja]

got some GFI @ R7720-R7730 today... $1550 seems to have held hope its the bottom

[oceancity]

Zico wrote on Fri, 22 February 2013 11:31

Zico wrote on Thu, 21 February 2013 09:15 Zico wrote on Mon, 18 February 2013 09:08 Zico wrote on Tue, 12 February 2013 09:43 I will be buying around R88. Glad I did not pull the trigger on GFI - ANG looks a better long - I'm hoping it dips below R235 - I will then buy a reversal through 235 and the target will be the gap @ 252.01 Long ANG @ 225.00 - Target is the GAP -although I could be taking half off the table above 245(when it gets there .... yawn... in March sometime). The Shorts on GFI still have to cover - I'm long GFI @ 77.90 - Target - watch this space...

I've cut GFI - for a loss @ 77.37 - still holding ANG

[oceancity]

Zico wrote on Thu, 21 February 2013 09:15

Zico wrote on Mon, 18 February 2013 09:08 Zico wrote on Tue, 12 February 2013 09:43 I will be buying around R88. Glad I did not pull the trigger on GFI - ANG looks a better long - I'm hoping it dips below R235 - I will then buy a reversal through 235 and the target will be the gap @ 252.01 Long ANG @ 225.00 - Target is the GAP -although I could be taking half off the table above 245(when it gets there .... yawn... in March sometime).

The Shorts on GFI still have to cover - I'm long GFI @ 77.90 -
Target - watch this space...

[oceancity]

Zico wrote on Mon, 18 February 2013 09:08

Zico wrote on Tue, 12 February 2013 09:43 I will be buying around R88. Glad I did not pull the trigger on GFI - ANG looks a better long - I'm hoping it dips below R235 - I will then buy a reversal through 235 and the target will be the gap @ 252.01

Long ANG @ 225.00 - Target is the GAP -although I could be taking half off the table above 245(when it gets there .... yawn... in March sometime).

[delta66]

yeah, heard about some analyst's punting this, glad i decided on a "wait and see" strategy. i burnt badly a while back on AMS by entering to early(noob mistake ), different dynamics but same principle, have since learn't never to try time the "bottom"

[Ninja]

some mampara on tv last week thought it (the new gfi) would be fairly traded at R125 after the value unlock
wonder how he's feeling today

[delta66]

looks to be heading R80..watching this carefully and hoping to ride it up on the reverse
was expecting R85 but it's looking more like R75..when she going to stop bleeding??

[oceancity]

Zico wrote on Tue, 12 February 2013 09:43

I will be buying around R88.

Glad I did not pull the trigger on GFI -
ANG looks a better long - I'm hoping it dips below R235 - I will then buy a reversal through 235 and the target will be the gap @ 252.01

[Jennifer0808]

Is it good time to buy GFI now?
Will see what price on Monday.

[Investor1]

next support level at 8310???

[delta66]

delta66 wrote on Mon, 11 February 2013 16:57

going to wait a while and see what happens on GFI price. seems like a good deal even at current prices(tempted), but might shed a few more rands R85< before turnaround.

almost there

[Nick B]

jaDEB wrote on Tue, 12 February 2013 16:35

Why did GFI keep South Deep (SA Mine?)

As per their statements in their results, they want to be able to have specialized management in each division to ensure that the mines are operated as effectively and efficiently as possible. South Deep is a very deep level mine which requires a different skill set to all the other mines. This even makes sense to me - for once