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#5881 Lionelza1

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Posted 29 October 2020 - 04:52 AM

And newbies, if you haven't picked up the trend already, check the pumpers when there's the next spike, they will come out and post presumably why snh is a good buy, the problem over and over and over again is that the spike is short lived as it will be followed by a dump and then the slow poison.

And then when that happens, the same pumpers will report on any excuse as to why price is dumping!

Mr market will suck you in and spit you out, this trend has been happening for over a yr now!

So much info has come out since the scandal.... So much, but we're sitting at a piss willy 70 odd cents.... Please spare the bull dear pumpers
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#5882 Lionelza1

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Posted 28 October 2020 - 11:07 PM

Haha... Standby for what? I get ka-ching if snh recovers.

My game plan tho is to get out!


And why do I want to get out?

My opinion, I have no faith in useless liar LDP, I experienced losses because of his lies, and I dnt expect him to change either.

For me, safer to be wrong than right
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#5883 Lionelza1

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Posted 28 October 2020 - 10:58 PM

Haha... Standby for what? I get ka-ching if snh recovers.

My game plan tho is to get out!


And why do I want to get out?

My opinion, I have no faith in useless liar LDP, I experienced losses because of his lies, and I dnt expect him to change either.

For me, safer to be wrong than right
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#5884 Lionelza1

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Posted 28 October 2020 - 10:53 PM

So Lionel standby for the same medicine when SNH recovers!!! See how wrong your investor GURU was wrong!!!


Haha... Standby for what? I get ka-ching if snh recovers.

My game plan tho is to get out!
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#5885 DayTraderDad

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Posted 28 October 2020 - 10:51 PM

So Lionel standby for the same medicine when SNH recovers!!! See how wrong your investor GURU was wrong!!!


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#5886 DayTraderDad

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Posted 28 October 2020 - 10:49 PM

Ho and what about this one:

 

DayTraderDad

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Posted 06 April 2019 - 01:32 PM

Polly, on 06 Apr 2019 - 09:28 AM, said:snapback.png

Thanks for the concerns but already bought more this week....
All the above you mentioned is irrelevant to me as i have my own viable investing strategy. If anyone wants to build  a successful investing career, first and foremost , they have to learn to think for themselves and not accept some hot tips or incorrect info in a chat room posted by some fake Gurus.
 
 
I can guarantee from my side I do certainly look at risk and in fact it plays a big part of my investment decision. One thing I certainly don't do is play the pump game (this I learned in the Pyramid scheme thread) and take a TATA MA CHANCE. Another thing I don't do is take notice of misleading statements by so called " Gurus" and " Mafias "with hidden agendas to change my investment decisions.
I have been trading over 35 years and I can tell you how many times ive seen this property share cycle playing. I take in all information available and try to understand it, believe me even the "Gurus" misleading posts .I read and try to understand but I cannot ever get any sensible information all I see is a serious misleading info and a serious pump and dump for a share  and the fakers who cant see the woods from the trees.
I acknowledge there is lots of risk in DLT but for me there is more positives than negatives. This you call risk management and bringing the odds on your side. Note i am not gambling as in my opinion the share is attractive and offers value at R1.80.
 
I always read the market myself and have learnt to trust my own judgement. I never ever rely on the opinions and  readings of others especially those who are fake. I am no market predictor only an expert risk manager.
 
 
This is exactly what makes good investors. To have the ability to look for value though all the noise and the patience for delivery.
 
Warren Buffett once said that as an investor, it is wise to be “Fearful when others are greedy and greedy when others are fearful.”


No worries this was designed to call your bluff and you took sinker and bait!!! Time will tell!!!
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#5887 Lionelza1

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Posted 28 October 2020 - 10:47 PM

Sorry pall you are incorrect I had some exchanges with Polly and his big thing was brick and mortor will always be a winner. Do me a favour go and read the posts!!

I did not agree with Polly and even yourself were over the mon when the share run up and Polly was saying how much more he bought and it was going to shoot the lights out. Guess what today a 2o ct penny stock with even more prospects of a big fat ZERO.


Again you are incorrect! I bought delta shares to test polly's theory on the divi pay outs.

I then started trading delta instead of testing the divi payout, to recoup losses I was making on snh.

Go read again what stood out for me on Polly's posts on Delta.
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#5888 DayTraderDad

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Posted 28 October 2020 - 10:42 PM

Hi Loinonel so what hapened to the R6 of Polly prediction below?

 

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Posted 10 April 2019 - 01:24 PM

DayTraderDad, on 08 Apr 2019 - 09:45 AM, said:

Interesting article:https://www.iol.co.z...esults-17788831

This should set alarm bells!!!

Highlights:

Delta’s property operating expenses increased by 23.8percent to R254.1m in the six months to August from R205.3m
in the prior period, resulting in net property income decreasing by 8.8percent to R525.6m from R576.4m.

==========================
Reply from Polly
====================
alarm bells?? more ilike dreaming on my bahamas vacation mate!!



" Delta’s property operating expenses increased by 23.8percent to R254.1m in the six months to August "



when was this and what the share price then?? i tell you +R6.00



priced in mate, priced in....now we wait for uptick or juicy divi...


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


Edited by DayTraderDad, 28 October 2020 - 10:45 PM.

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#5889 DayTraderDad

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Posted 28 October 2020 - 10:40 PM

Polly
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Posted 29 April 2019 - 11:58 AM
 
Lionelza1, on 29 Apr 2019 - 12:47 PM, said:
 
lol yea....good news tho P
 
yeah very good,,,think all the leases will be signed overt time...senseless paying higher rentals for same property without leases...and thats what this ANC govt is doing....eish...we taxpayers paying that higher rentals ultimately..
 
 
+ - 0
Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”

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#5890 DayTraderDad

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Posted 28 October 2020 - 10:31 PM

You recall incorrectly, he was filling the boots because of the DIVIDENDS they were paying out.... You have been factually incorrect with just about every post you have made

Sorry pall you are incorrect I had some exchanges with Polly and his big thing was brick and mortor will always be a winner. Do me a favour go and read the posts!!

 

I did not agree with Polly and even yourself were over the mon when the share run up and Polly was saying how much more he bought and it was going to shoot the lights out. Guess what today a 2o ct penny stock with even more prospects of a big fat ZERO.


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#5891 Lionelza1

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Posted 28 October 2020 - 09:35 PM

Haha and Polly was filling the boots full on Delta Properties that was going to fly if I recall correctly 3.20 now 25 cents. Have another green beer


You recall incorrectly, he was filling the boots because of the DIVIDENDS they were paying out.... You have been factually incorrect with just about every post you have made
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#5892 DayTraderDad

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Posted 28 October 2020 - 09:28 PM

And that uprun from R1. 80 to R3. 80 made me super excited thinking fok this is easy... And at that time there was not much info out at all on where snh was standing, today we know so much more and it's sitting at 70 odd cents?

So I ask myself could Mr market have gotten this wrong for so long? Even after all that we know today?

Even on that uprun to R3. 80 Polly said he wouldn't touch this share with a barge pole.... Haha ya neh... Today in the 70c

Haha and Polly was filling the boots full on Delta Properties that was going to fly if I recall correctly 3.20 now 25 cents. Have another green beer


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#5893 Lionelza1

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Posted 28 October 2020 - 08:43 PM

When I first got snh shares about 2 yrs ago I think, the price was around R1. 80 or so. Reason I bought i thought Mr market got it wrong. Last yr price went up to around R3.80 and has been dropping ever since, even after all the "significant progress" and lately, "real progress"

What I realize now, I got it wrong, Mr market has been dumping this share even before covid.

After all the recent excitement on this forum, this share is back in the 70c and didn't even come close to the previous high of R1. 02

Mr market is talking boys and girls, even after all the "significant progress"

I wait for my 50c, and reason being to drop my avg and SELL as I believe we will see 85c again

A k to my green beer :D


And that uprun from R1. 80 to R3. 80 made me super excited thinking fok this is easy... And at that time there was not much info out at all on where snh was standing, today we know so much more and it's sitting at 70 odd cents?

So I ask myself could Mr market have gotten this wrong for so long? Even after all that we know today?

Even on that uprun to R3. 80 Polly said he wouldn't touch this share with a barge pole.... Haha ya neh... Today in the 70c
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#5894 DayTraderDad

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Posted 28 October 2020 - 06:59 PM

When I first got snh shares about 2 yrs ago I think, the price was around R1. 80 or so. Reason I bought i thought Mr market got it wrong. Last yr price went up to around R3.80 and has been dropping ever since, even after all the "significant progress" and lately, "real progress"

What I realize now, I got it wrong, Mr market has been dumping this share even before covid.

After all the recent excitement on this forum, this share is back in the 70c and didn't even come close to the previous high of R1. 02

Mr market is talking boys and girls, even after all the "significant progress"

I wait for my 50c, and reason being to drop my avg and SELL as I believe we will see 85c again

A k to my green beer :D

Haha enjoy your green beer!!


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#5895 DayTraderDad

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Posted 28 October 2020 - 06:56 PM

I agree with you, COVID has made the world go completely wonky. I used to be able to make some kind of sense of the rise and fall in share prices, but not anymore. Like I said on another thread, we see these massive spikes in the share price of some companies lately (following news of some kind), only to have it retrace completely a day or two later, sometimes even falling lower. My question is if the news is good enough to drive to price up, then why does it not sustain a higher level?

You are spot on some people on this forum with negative views are operating with blinkers. Surely anyone can see market falling and lockdowns coming back in Europe and then dont forget Brexit also plays a big role on the SNH share price. I have stated before the spikes are caused by algorithm trading which mops up the shares then slowly balances out. I think by now 50% to 60 % of trading in JSE is already all algorithm and quite sure frankfurt will be higher. Right now sentiment is negative so all machines are set downward trend.


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#5896 DayTraderDad

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Posted 28 October 2020 - 06:41 PM

I joined this forum to share thoughts and ideas, however, it is certainly losing value by the day.
 

As a Trader/Investor, we either:

 

1) Long the market. We enter at a price that we believe to be fair value with the expectation that it reaches a predetermined price target.

 

2) Short the market. We enter at a price that we believe to be fair value with the expectation that it reaches a predetermined price target.

 

3) Flat. We sit on our hands and have no position.

 

 

In all my years of trading, I’ve never seen Traders/Investors go long when their analysis tells them that a stock is going to zero.

 

If some think 3 years is a long time to wait, have a look at this DRD GOLD chart.

I have overlaid Spot Gold (XAUUSD) in red.
 

Notice the following:

DRD took 10 years to eventually bottom (2005 - 2015) 

DRD was sideways to lower from 2005 - 2015 while XAUUSD was trending higher from 2005 - 2011. This inverse correlation is just “The Market does what it wants”.

2015 Bottom in DRD and XAUUSD. Back to a positive correlation since.

DRD took 4 months to form a strong rally in 2015. I always compare long term tops and bottoms to cruise ships turning. It takes time.

 

Bottom Line: Patience is rewarded.
 

attachicon.gifD91C1996-0D53-4909-8DF1-EEDD636A56F6.jpeg

Great post KP7 thank you. If you want do the same for Lonmin makes interesting reading


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#5897 DayTraderDad

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Posted 28 October 2020 - 06:37 PM

Zanme, I hear you and respect you viewpoint. But please sir, there is no need to repeat yourself over and over. At the end of the day there are always going to be the guys who believe in a turnaround, and those who don't. Nothing you say will change that. You have made your point regarding your dislike of LDP literally over 20 times throughout the thread, and it is truly becoming tiresome, to the point I have contemplated leaving the forum.   

Hi BradH please dont leave the forum. Me too have endured lots of insults have absolutly no need to post in this forum but I do it because still believe on the value of sharing ideas and information and not going to allow a couple of Pollies destroy that.


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#5898 DayTraderDad

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Posted 28 October 2020 - 06:31 PM

The only thing that they had to do was create value for stakeholders which they haven't so that is the bottom line they have failed in their duty.

Hi Zanme sure I agree they failed to create value because the share fell. So if I had the power to make you a CEO eaning much less what would you do to create shareholder value? Go on share some insight to your thoughts!!


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#5899 DayTraderDad

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Posted 28 October 2020 - 06:23 PM

Delta Hedge who are you to tell me what to do. Time to change management. You can continue making Louis rich if thats what you like I won't.

Zanme must say you have great endurance to say the same thing over and over. We all know been drummed into us that ZANME HATES LDP. Thank you for sharing your thoughts lets move on.


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#5900 Lionelza1

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Posted 28 October 2020 - 05:00 PM

When I first got snh shares about 2 yrs ago I think, the price was around R1. 80 or so. Reason I bought i thought Mr market got it wrong. Last yr price went up to around R3.80 and has been dropping ever since, even after all the "significant progress" and lately, "real progress"

What I realize now, I got it wrong, Mr market has been dumping this share even before covid.

After all the recent excitement on this forum, this share is back in the 70c and didn't even come close to the previous high of R1. 02

Mr market is talking boys and girls, even after all the "significant progress"

I wait for my 50c, and reason being to drop my avg and SELL as I believe we will see 85c again

A k to my green beer :D
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