7058 replies to this topic

[cuzin]

2 red days in a row for aspen. hmmmm

[gamma]

Mmmmmm....... Just read ABL trading statement.
No wonder they fell hard today

 

QB, gotta give it to you buying Abl...you're a bee with balls

[Queen B]

Mmmmmm....... Just read ABL trading statement.
No wonder they fell hard today

[Queen B]

Wtf is going on with ABL today. Took a big nose dive a couple,of hours ago.
Scooped up some more shares at R15

[alexander]

Retail sales report stats July 2013

Attached Files

•  Retail sales report July2013.pdf   175.53KB   14 downloads

[badtrader]

50 CFDs, i.e 50 shares or 50 SSFs?

CFD

[AJS]

So far so good - tiny exposure only 50 contracts. Been hurt by this too many times, trailing stop at 2%

 

50 CFDs, i.e 50 shares or 50 SSFs?

[badtrader]

well done..working out well for you. target price?

 

So far so good - tiny exposure only 50 contracts. Been hurt by this too many times, trailing stop at 2%

[delta66]

I'm taking a small short on NPN today.... Koos Bekker contract negotiations, lets see what happens.

well done..working out well for you. target price?

[badtrader]

I'm taking a small short on NPN today.... Koos Bekker contract negotiations, lets see what happens.

[AJS]

460 - 462 maybe the next stop for SOL?

[AJS]

placed order but was rejected-no shorts allowed on AMS   great pity!

 

Eish... That sucks. I'm still contemplating.  The R/$ will likely go south again from here so...

[delta66]

placed order but was rejected-no shorts allowed on AMS   great pity!

[AJS]

anyone looking at NPN?

 

Did you short AMS??

[delta66]

anyone looking at NPN?

[AJS]

..so tempting to short AMS

 

Dammit man... You got me looking at this now as well. Looks really tempting. Bumping off that ceiling of the down trend, all the way back to 2008. Just so many fundamentals that can play a part here...

[delta66]

thanks Sunensis, decided to hold on picking positions in gold mining stocks until official news on tapering. 

to risky trying to preempt direction on the outcome of the FED announcement

 

 

[Sunesis]

Sunensis, where do you see PAN heading from current price 2.37  thinking of a short with a TP 2.10  will be keeping exposure limited due to their liquidty

The best way is to look at what the gold price does tomorrow after the FED taper. The only problem is that the FED will anounce late at night. So we might open with a small gap.

To with direction, i don't have a clue.

 

Gold seems oversold at the moment. So maybe bargain hunters will start jumping in.

 

Goldman Sachs said gold could reach $1000 last week. But when i took a look at Goldman Sachs reserves, i found out that when the gold price was droping they where buying.

Their gold reserves have increased

 

Read Article:

 

In early April, the status quo was exuberant when none other than Goldman Sachs issued a "sell" on the barbarous relic that has become so indicative of the exuberance of central planning. At the time, we were skeptical (to say the least) and, just for extra Muppetting, the bank also suggested its clients buy Treasuries. Well, now that the full details of holdings changes have been released for Q2, it is perhaps clearer than ever before that as the bank was telling its clients to "sell, sell, sell" it was itself "buy, buy, buy"-ing the Gold ETF (GLD) with both arms and feet. In Q2, Goldman Sachs added a stunning (and record) 3.7 million 'shares' of GLD. As Paulson dumped his GLD, Goldman lapped it up to become the ETF's 7th largest holder.

 

​

[delta66]

I was on a PAN trade since last week, ad it paid well today. The gold miner is making a lot of cash.

Its getting gold at 10g/ton and has a All in Cost of R344 000/kg. The number is very good.

 

Sunensis, where do you see PAN heading from current price 2.37  thinking of a short with a TP 2.10  will be keeping exposure limited due to their liquidity

Edited by delta66, 17 September 2013 - 03:05 PM.

[AJS]

sell order placed at 43150

 

Ja sheesh, have been watching this one for a few weeks now... Still resilient there...