7058 replies to this topic

[soutie]

Pretty good fight back from VOD a close above R112 would bode well for next week.

 

Seeing as I'm long  

 

Good weekend to all.

Cheers.

[Investor1]

Those shorters who shorted TFG and TRU on Monday are burning their backsides!! 

What a short squeeze today..

TFG nearly one million shares already traded in 2 hours!!

TFG pulled back slightly in the last hour. do you know what kind of results we can expect on wed? If im not mistaken most retailers have done rather well in earnings me thinks. 

[Ninja]

took some profit on SGL @R7.40... can't be a bad thing

will get back in sub R7.00

Edited by Ninja, 24 May 2013 - 11:07 AM.

[HDB]

Those shorters who shorted TFG and TRU on Monday are burning their backsides!! 

What a short squeeze today..

TFG nearly one million shares already traded in 2 hours!!

Edited by HDB, 24 May 2013 - 10:12 AM.

[Trader007]

Trade Ideas

 

1. Long: ABL off R17, stock has been hugely oversold recently, and numerous investment houses have raised its consensus to a buy with 12 month target prices of between R26.50 and R32.50.
2. Short: Massmart above R200, stock is trading at a P/E of 30.8 and with its parent company Wallmart down 7% in the US since last week, we are shorters with a target price of R190.

[soutie]

Buy order for VOD got hit while out yesterday.

 

So long from R11180 

[Investor1]

what ive noticed is every year(past 3 years) baw enters bear mode in May and continues making lows till october. ive placed it on my watchlist for shorts. 

[ykhan]

mr price is just managing to keep my head above water

[ykhan]

alsi train departing south.... gold train departing north..... if you at the station decide quick..... massive reversal of global positions currently on

 

thats why they say sell in May.... sell now whilst you have the chance

 

investec released their results which are the best in three years, but they also went down? thats just weird, if i had more,

[Trader007]

Trade Ideas

 

1. Short: Naspers above R720, according to an sum of the parts calculation NPN should be trading at R657, while it closed at R730. Tencents is down 2.3% in HK today.

[Ninja]

alsi train departing south.... gold train departing north..... if you at the station decide quick..... massive reversal of global positions currently on

 

thats why they say sell in May.... sell now whilst you have the chance

Edited by Ninja, 23 May 2013 - 09:28 AM.

[ykhan]

what the hell just happen

[AJS]

Haha, oh dear me, A LOT of stops triggered this morning! 

[soutie]

resource stocks building up nicely for some shorts..

 

and AGL you are number one..

Data coming through from China, PMI numbers below 50 indicating the economy contracting slightly more than previous month.

 

BIL down 1% in OZ and US, looks good for a short scalp today as we play catch up.

[BBW]

Who's this "Clicks Group" that CNN Money's got at 40% down? 

[Psi]

Wow @ LEW, wish I had seen the morning star!

 

SUI got some nice support at R94, also higher low than yesterday. Change in direction?

 

@ Gspot, also holding VOD up to R122.45, just below resistance

[delta66]

Long TFG, Tru, Jdg and Shf   this morning. Lew ran away because fo their results and now up12%...

 

These companies were badly hit because of ABL...now all going to recover bigtime ( Hopefully)

good call on TFG...i'm a happy man today

[Gspot]

Glad I held onto VOD, still think the momentum is behind them esp with that decent dividend.....and supported with good volumes.

 

 

@HDB - Totally agree, going to short those resources soon.

 

 

Just in line with the broader market being down....also it has had a nice recover from R104 lows..

 

Support at R108.50 level - it should hold with a decent dividend (well I hope so, as I am still holding).

[HDB]

resource stocks building up nicely for some shorts..

 

and AGL you are number one..

[Ninja]

gold miners not even saying "hello" with the alsi taking pain this AM.

 

if the right words come out of bernanke's mouth today the daily gold chart shows some support for gold price

Edited by Ninja, 22 May 2013 - 11:38 AM.