15225 replies to this topic

[Lionelza1]

Ya Tom... The problem is Deloitte did not sign off financials as they have identified the problem..... So how the Fuuck does it take a whole friggen year to resolve it?

This whole thing stinks! It was never my play to be in till this late but I got fuucked by those extension/s

I would be so surprised if these noobs release that financials on time!

[Tom]

Eish market not liking this kak

I think without the audited financials the share price will remain severely under pressure, as most of what's there now is short term traders, and short sellers.

Edited by Tom, 30 November 2018 - 09:04 PM.

[Lionelza1]

Eish market not liking this kak

[Tom]

Any sense news is always old news for algorithm trading. I read quite while back JSE trading is already 40 % algorithm traded so by now must be about 50% to 60% which means the computer react to news even if the news is neutral. Once the computer start trading either down or up it takes time to settle because it starts taking out stop losses.

a good way to see this is look at the 1 minute chart. Its impossible to read all those documents in a split second and then make a financial decision weather its good or bad.

Th computerised algorithms in the bots and crawlers look for certain keywords in order to instantly analyse and determine whether to buy or to sell.

Edited by Tom, 30 November 2018 - 08:33 PM.

[DayTraderDad]

any sens sent out after 5pm on a Friday means one thing only.....

Yes agree but remember xetra trades until 18:30h SA time and volumes are usually higher there than the JSE so effectively market still open..

[DayTraderDad]

Oh boy!

Any sense news is always old news for algorithm trading. I read quite while back JSE trading is already 40 % algorithm traded so by now must be about 50% to 60% which means the computer react to news even if the news is neutral. Once the computer start trading either down or up it takes time to settle because it starts taking out stop losses.

a good way to see this is look at the 1 minute chart. Its impossible to read all those documents in a split second and then make a financial decision weather its good or bad.

[Lionelza1]

Leo your play does not make sense to me.... U trade on a couple cents.... How much money can u actually make in that fashion? It seems way too high risk for a small return, am asking coz I don't understand

[leo]

https://www.bloomber...impression=true

Marginal on trade gate.

Enjoy the week. Made a few bob again on snh. That's my strategy, capital preservation is key for me now.

Sent from my SM-G935F using Sharenet Sharechat mobile app

[Tom]

It's moving up on Xetra (from it's dip) to 0.12eu (1.88 ZAR) with big volume at the moment (17:09 GMT).

Edited by Tom, 30 November 2018 - 07:31 PM.

[andi222]

No one knows exactly what is going on lol. Thats why everything is taking so long because companys need experts to analyse what the impact will be. And this takes time. So guys be patient, invest and forget about the money. Look again in 3 months when we have audited financials.

Sent from my SM-G950F using Sharenet Sharechat mobile app

[Lionelza1]

Oh boy!

[Lionelza1]

What does it mean Polly?

[leo]

Nothing exciting

[Polly]

What does it mean Polly?

just bad news for the share price...

[Lionelza1]

What does it mean Polly?

[Lionelza1]

Think Mr Market is also confused... But seems to be going up

[Polly]

No aggressive reaction from the markets as yet.... But that sens issue was a lot of information.... Needless to say I understand f'all of it

I swear the timming of sens issue is a tactical one by steinhoff.... 4 more hours to go... Let's see

any sens sent out after 5pm on a Friday means one thing only.....

[DayTraderDad]

No aggressive reaction from the markets as yet.... But that sens issue was a lot of information.... Needless to say I understand f'all of it

I swear the timming of sens issue is a tactical one by steinhoff.... 4 more hours to go... Let's see

Glad to see people once again in panic mode. Haha it will go up again.

[Lionelza1]

No aggressive reaction from the markets as yet.... But that sens issue was a lot of information.... Needless to say I understand f'all of it

I swear the timming of sens issue is a tactical one by steinhoff.... 4 more hours to go... Let's see

[Tom]

Haha Friday another sens issue.... But jussis this thing got pomped b4 the sens

Hopefully it close on high on tradegate.... What u guys think?

I didn't sell.