10 votes
"Veni, vidi, vici"
Posted 13 November 2013 - 10:54 AM
Even the tencent CEO feels they over valued
they are in fact ridiculuousy overpriced, when i looked at them a while ago thought they would come down to the 860.00-880.00 range to be considered a serious medium term "buy"
made good $ on a few scalp trades in the past but yes..at the moment not interested...current CFD exposure is very high/need to reduce some positions before even considering taking out any additional contracts
“melior diabolus quem scies”
Newbie
Posted 13 November 2013 - 10:43 AM
if wasn't so exposed on current contracts..would be looking at NPN long today, alas need to keep my margin account "wide" in case of any buy backs.
Even the tencent CEO feels they over valued
"Veni, vidi, vici"
Posted 13 November 2013 - 10:40 AM
if wasn't so exposed on current contracts..would be looking at NPN long today, alas need to keep my margin account "wide" in case of any buy backs.
“melior diabolus quem scies”
"Veni, vidi, vici"
Posted 13 November 2013 - 10:32 AM
Why do you think its reached the bottom?
price action and bid volume...although things could turn on a dime in this market
“melior diabolus quem scies”
Newbie
Posted 13 November 2013 - 10:26 AM
relief!!
..confident WHL has reached the bottom. this trade has tested my resolve but glad i've stuck it out.
NO PAIN..NO GAIN
Why do you think its reached the bottom?
"Veni, vidi, vici"
Posted 13 November 2013 - 10:14 AM
relief!! ..confident WHL has reached the bottom. this trade has tested my resolve but glad i've stuck it out.
NO PAIN..NO GAIN 
“melior diabolus quem scies”
Little Master
Posted 13 November 2013 - 08:46 AM
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Member
Posted 13 November 2013 - 08:40 AM
looking at SPAR this morning, good set of results, beating expectations.
May be another Clicks...
Member
Posted 13 November 2013 - 08:39 AM
looking at SPAR this morning, good set of results, beating expectations.
May be another Clicks...
Advanced Member
Posted 13 November 2013 - 08:38 AM
More pain today
Member
Posted 13 November 2013 - 07:58 AM
A, had a better look at IPL's historic PA again and decided I'll rather ride this one out; going to be difficult to catch it right.
Thanks BBW - also looked at the longterm PA last night, and I agree that riding it out would be a better bet. My synopsis (not anything to be relied upon mind you) is that today IPL will hit a low and will then rise over the next week to above the high of 2 weeks ago.
Not idly do the leaves of Lorien fall.
Advanced Member
Posted 12 November 2013 - 09:50 PM
Sage
Posted 12 November 2013 - 09:00 PM
Just note that the reason for bounce in ABL today has nothing to do with price action yesterday. The share started trading ex rights yesterday hence the drop from 1800 to 1343 the theoretical ex rights price based on Friday last week's closing price. The real reason for bounce today is that a number of the hedge funds in America are short the nil paid letters (ABLN)and they can't source scrip so they are forced to cover. Think this one will squeeze for anther day or two.
Thanks Zero, I hadn't been following ABL closely and had no idea.. Your comments are very helpful, as always.
Cheers
Advanced Member
Posted 12 November 2013 - 08:21 PM
Sage
Posted 12 November 2013 - 07:38 PM
that's one sweet trade...well done gamma!
Thanks. Second time this year Abil's made me good money. After every big fall it usually bounces.
Opened at 1316. Gut feeling is that it will come back and take out my stop at 1380 but hey, lets see where it goes.
Little Master
Posted 12 November 2013 - 05:35 PM
From ADMIN
Dear ShareChat
We are looking into the issue but unfortunately it is taking longer than expected!! We do apologize for the frustration!!!
I find trading like body surfing, catch the right one and you will make it all the way to the beach.
Master
Posted 12 November 2013 - 04:03 PM
I've been long on IPL for a couple of days now and feeling the heat.
@ BBW = Would you suggest a "get ot now and re-enter later" move based on your above comment?
A, had a better look at IPL's historic PA again and decided I'll rather ride this one out; going to be difficult to catch it right.
Exi, impie, exi, scelerae, exi cum omnia fallacia tua
"Veni, vidi, vici"
Posted 12 November 2013 - 01:47 PM
Working out nicely.
up 7% locked in at 5%, letting it run from here
that's one sweet trade...well done gamma!
“melior diabolus quem scies”
Little Master
Posted 12 November 2013 - 01:45 PM
Working out nicely.
up 7% locked in at 5%, letting it run from here
Good call Gamma!
