501 replies to this topic

[Queen B]

I'm doing a bit of a gamble again today

[Goliath]

So who is gambling with this one today?

[dominant]

I learned a lot today. I'm 6 months into my CA articles and have saved 25k this year which I've been investing. I've read 3 years worth of financials for 15 different companies as part of stock research this year and have a long term value approach towards investing. However yesterday I stupidly bought R10k ABIL at 2.50 per share and didn't get my sell order through in time before the market closed. My 10k is now worth roughly 2k. In a way I'm happy I lost this money as I've learnt a valuable lesson about greed and ignorance.

 

Well done for being able to save on an article salary!! Back in my day that was almost 50% of the gross amount for 6 months

[dominant]

Tjo! 90c now! WTF? Hahaha, Serves me right for being greedy, there goes my single malt money...

 

Overshot my business rescue estimate a bit... Seems like it will be 'weeks', not 'months'.

[Magnet]

Thanks AJS/Delta. Interesting day ahead<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />

[longterm413]

I learned a lot today. I'm 6 months into my CA articles and have saved 25k this year which I've been investing. I've read 3 years worth of financials for 15 different companies as part of stock research this year and have a long term value approach towards investing. However yesterday I stupidly bought R10k ABIL at 2.50 per share and didn't get my sell order through in time before the market closed. My 10k is now worth roughly 2k. In a way I'm happy I lost this money as I've learnt a valuable lesson about greed and ignorance.

[delta66]

yep..you purchase the underlying value with no gearing

[AJS]

In layman's terms what does that mean?<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />

 

There will be no gearing. i.e. when the margin is 5%, you provide 5% of the actual amount that it costs to buy the shares and they provide the rest.  So you are geared 20 times.

 

Now when the margin is 100%, the gearing is 0%, so if the share costs R100, you will pay R100 instead of R5 in the case where the margin is 5%.

[Magnet]

In layman's terms what does that mean?<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />

[Magnet]

In layman's terms what does that mean?<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />

[Shortboy]

Just got notice that IG is increasing CFD margin on ABL to 100% at 15h00 tomorrow.

[Queen B]

I must admit, I never day trade....... ever!

But this one has been fun today

Total adrenalin rush. Didn't get much work done

[Queen B]

I made heavy losses on this share!

But made most of it up today on trading more

Got a lot of shares in 30's today and sold in the 90's. Its offset most of the losses thank goodness

[Goliath]

How long before someone at CML gets fired?

 

Jouch what a way to go, glad I made my small profit when I did..

[Queen B]

I wonder where the price will end up at close today

[davidp13]

SARB is packing the horses and on their way to ABIL!!!! Someone is going to cry...

[zombii]

How long before someone at CML gets fired?

[Queen B]

Sales going through at 95cents

Some people with balls have made a killing today! Easy 200% return in a matter of hours

This is a penny share now

[McEdama]

another order @25c , it can't go below 0

 

[delta66]

long coronation

i'm long from 92