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#261 gamma

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Posted 14 October 2014 - 03:41 PM

I'd take a punt at 70c. I'm sure they will be bought out by a more competent group. Directors have been smart, trading the share and destroying shareholder value. Its true that government inability to stick to deadlines played some part in their price slump, but management have been a bunch of shits, leading sharehlders on. A lesson in business ethics would be appropriate.

 

Agree!


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Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#262 michaessers

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Posted 14 October 2014 - 03:25 PM

I'd take a punt at 70c. I'm sure they will be bought out by a more competent group. Directors have been smart, trading the share and destroying shareholder value. Its true that government inability to stick to deadlines played some part in their price slump, but management have been a bunch of shits, leading sharehlders on. A lesson in business ethics would be appropriate.

 


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#263 soutie

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Posted 14 October 2014 - 01:17 PM

Oh my from darling to dog in 18mths...... :huh:

 

May take a spec nibble around 70c if it gets there...?


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Anyone need a heads up...!


#264 McEdama

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Posted 08 October 2014 - 10:59 AM

+50% dive the last 3 months. This is only going one direction , and it's not north.... 


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#265 gamma

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Posted 19 September 2014 - 05:43 PM

Easy. Same as adding anything.
1+1=2
1 pic screenshot + 1 pic screenshot = 2 pic screenshots.

How do i add a picture screenshot of the chart?


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Do not try and bend the market. That's impossible. Instead... only try to realize the truth. Then you'll see, that it is not the market that bends, it is only yourself.

#266 HDB

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Posted 19 September 2014 - 02:59 PM

Its an illiquid share, thus a move down of 10c very possible and happens all the time, especially when you have a 5c spread. If you looking for a 50c gain, you cannot be worried about a 5-10c fall before there.

for illiquid shares, techs count for nothing!!!


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HDB

The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!


#267 ThatBlackGuy

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Posted 19 September 2014 - 02:58 PM

Fundamentals aren't stacking up here. I'm actually worried that these guys might have to go to the market to de-risk their balance sheet. 

 

Its an illiquid share, thus a move down of 10c very possible and happens all the time, especially when you have a 5c spread. If you looking for a 50c gain, you cannot be worried about a 5-10c fall before there.


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Yes, I will take your money!  :ph34r:


#268 10gbusc

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Posted 19 September 2014 - 02:54 PM

:lol:  :lol:  :lol:

Its an illiquid share, thus a move down of 10c very possible and happens all the time, especially when you have a 5c spread. If you looking for a 50c gain, you cannot be worried about a 5-10c fall before there.


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#269 HDB

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Posted 19 September 2014 - 02:10 PM

My own

:lol:  :lol:  :lol:


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HDB

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#270 10gbusc

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Posted 19 September 2014 - 02:09 PM

May I ask which service you use to get that report?

 

My own


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#271 HDB

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Posted 19 September 2014 - 02:07 PM

down 7% today :rolleyes:


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HDB

The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!


#272 chrisp

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Posted 19 September 2014 - 02:01 PM

May I ask which service you use to get that report?

 

Trade View:

Long Ellies (ELI) @ R2.00

Technical View:

The share seems to have found a double bottom at the R1.75 level, and has since been moving higher on increasing volume.
Our Impulse system indicates we have a buy signal of short term momentum to follow.
The MACD has given us a higher low whilst the price has made the same low (Bullish Divergence).

The first target would be 50 EMA and previous resistance level at R2.35, with second target at R3.00

A trade below R2.05 with targets mentioned above, should be set with a stop loss at R1.90
This represents a reward/risk ratio of 3:1 to target 1, and 10:1 to target 2.


Edited by Christo, 19 September 2014 - 02:01 PM.

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#273 10gbusc

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Posted 19 September 2014 - 01:59 PM

How do i add a picture screenshot of the chart?


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#274 zoner

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Posted 19 September 2014 - 01:57 PM

About time...


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Paranoid Android

#275 10gbusc

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Posted 19 September 2014 - 01:47 PM

Trade View:

Long Ellies (ELI) @ R2.00

Technical View:

The share seems to have found a double bottom at the R1.75 level, and has since been moving higher on increasing volume.
Our Impulse system indicates we have a buy signal of short term momentum to follow.
The MACD has given us a higher low whilst the price has made the same low (Bullish Divergence).

The first target would be 50 EMA and previous resistance level at R2.35, with second target at R3.00

A trade below R2.05 with targets mentioned above, should be set with a stop loss at R1.90
This represents a reward/risk ratio of 3:1 to target 1, and 10:1 to target 2.


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