7058 replies to this topic

[bulls]

I've just about had it with DSY... Getting real impatient here, so maybe it will bite me in the a$$ later on, but if it doesn't move today I am getting out.

be patient. adjust your stop as it rises but dont sell due to impatience.

you need to beat the market and if you are in a share that is rising/due to rise due to technicals then hold with a strict stop.

 

i have sold many a time due to impatience and have lost out on good gains.

 

i will consider selling based on a "time" stop but in a bull market and with good technicals its just silly!!

[AJS]

I've just about had it with DSY... Getting real impatient here, so maybe it will bite me in the a$$ later on, but if it doesn't move today I am getting out.

[delta66]

Definately the rights issue that pushed it back up again.
Strange tho, as you say, cause there is no price made public yet

yes, my guess as well is there's big interest in rights offer..from what i read you in around 15.00, nice price for long term holding/portfolio

[@sirgrantfleming]

Same thing happened when the share traded up almost 5% a day or two before the announcement that the penalty/fine was reduced to R20m or something. Makes you wonder....

The thing that makes me wonder is if they had any power over the order that the sens came out? Surely!? Results bombed it and rights brought it back...

Edited by @sirgrantfleming, 25 October 2013 - 06:52 PM.

[AJS]

you have to wonder where all the buyers came from? perhaps there's something that we don't know.  i mean... posting a loss of 90% in earnings

and the share price is up?  this has probably got to do with the rights issue.  yet there is no price on that yet.   

 

Same thing happened when the share traded up almost 5% a day or two before the announcement that the penalty/fine was reduced to R20m or something.  Makes you wonder....

[Queen B]

you have to wonder where all the buyers came from? perhaps there's something that we don't know.  i mean... posting a loss of 90% in earnings
and the share price is up?  this has probably got to do with the rights issue.  yet there is no price on that yet.

Definately the rights issue that pushed it back up again.
Strange tho, as you say, cause there is no price made public yet

[HendrikB]

yeah, if this is not a reversal, I don't know what is!

 

you have to wonder where all the buyers came from? perhaps there's something that we don't know.  i mean... posting a loss of 90% in earnings

and the share price is up?  this has probably got to do with the rights issue.  yet there is no price on that yet.   

[delta66]

R258M on the floor(at the time of the post), strong reversal off their lows...looking real good guys

 

weekend starts now, have a good one see you all Monday

[Queen B]

yeah, if this is not a reversal, I don't know what is!

Could have made a lot of money on ABL in just one day! Hectic reversal.
I got into ABL at R14.50, then picked up more at R15.00 a few weeks ago.
I reckon she will stabilize again in upper 16 to lower 17

[AJS]

ABL stageing quiete a dramatic recovery again

 

yeah, if this is not a reversal, I don't know what is!

[CJV002]

ABL stageing quiete a dramatic recovery again

[bphartell]

its a high risk trade but with good upside potential. in @17.50, no stop loss waiting on bottom to average down

Sitting in the same position. in @17.37

[AJS]

 

 

The Board of Directors of Telkom SA SOC Limited hereby confirms that there is no connection whatsoever between the suspension of Mr. Schindehütte and the Insider Trading enquiry instituted by the JSE in relation to Mr. Schindehütte trade in Telkom shares on 30 September 2013.

 

Yeah right!

[delta66]

yes

[CJV002]

sorry..forgot to add my TP was 510...this has now become my stop

So im guessing you dont have a new TP in mind, just riding it up with trailing stops until it gets triggered?

[@sirgrantfleming]

sorry..forgot to add my TP was 510...this has now become my stop

Good idea - doing the same

[delta66]

could still see high volatility 500-515  if your TP is higher end 520.00+ and your outlook longer than a month it's a safe call to remain open, just follow it with trailing stops after 516

sorry..forgot to add my TP was 510...this has now become my stop

[delta66]

Whats your target?  PSG revised target down from R519 to R512, im still holding out for R516'ish

could still see high volatility 500-515  if your TP is higher end 520.00+ and your outlook longer than a month it's a safe call to remain open, just follow it with trailing stops after 516

[CJV002]

..moved stop up to 510.00 on SAB

 

Whats your target?  PSG revised target down from R519 to R512, im still holding out for R516'ish

[delta66]

Abil is holding quite well.  A lot of the bad news is priced in.

its a high risk trade but with good upside potential. in @17.50, no stop loss waiting on bottom to average down