Jump to content


Photo
* * * * - 7 votes

Steinhoff


  • Please log in to reply
15225 replies to this topic

#11661 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 21 November 2018 - 01:51 PM

How do you know ?

Tomorrow is Thanksgiving and Friday the famous Black Friday so if MF wants to come out of bankruptcy before black Friday my guess today is the day!


  • 0

#11662 Tom

Tom

    Master

  • Members
  • PipPipPipPipPip
  • 767 posts

Posted 21 November 2018 - 01:45 PM

Today we will find out about MF.

 

How do you know ?


  • 0

#11663 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 21 November 2018 - 01:39 PM

Today we will find out about MF.


You sure?

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11664 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 21 November 2018 - 01:36 PM

Hahaha living in borrowed time!!!

Today we will find out about MF.


  • 0

#11665 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 21 November 2018 - 01:35 PM

Maybe at the close. Just trading in a tight range.

Going for a last one for the day....short at 186...to end of the day.

Sent from my SM-G935F using Sharenet Sharechat mobile app

Hahaha living in borrowed time!!!


  • 0

#11666 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 21 November 2018 - 01:29 PM

Looks like markets are going down again so maybe SNH will go below R1.80!!


Maybe at the close. Just trading in a tight range.

Going for a last one for the day....short at 186...to end of the day.

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11667 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 21 November 2018 - 01:26 PM

Dowjones and Nasdaq are down.

DAX also pulling back think it will go negative later on.


  • 0

#11668 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 21 November 2018 - 01:23 PM

Leo do u pay brokerage fee everytime u buy and sell? Or a monthly fee and can do any amount of transactions?


About R56 per trade and about R100 per month plus some other small anomaly charges.
  • 0

#11669 Tom

Tom

    Master

  • Members
  • PipPipPipPipPip
  • 767 posts

Posted 21 November 2018 - 01:21 PM

Dowjones and Nasdaq are down.


  • 0

#11670 Tom

Tom

    Master

  • Members
  • PipPipPipPipPip
  • 767 posts

Posted 21 November 2018 - 01:18 PM

 Looks like markets are going down again so maybe SNH will go below R1.80!!

Sold.


  • 0

#11671 DayTraderDad

DayTraderDad

    The Oracle

  • Members
  • PipPipPipPipPipPipPipPip
  • 2,941 posts

Posted 21 November 2018 - 01:06 PM

Leo do u pay brokerage fee everytime u buy and sell? Or a monthly fee and can do any amount of transactions?

 Looks like markets are going down again so maybe SNH will go below R1.80!!


  • 0

#11672 Lionelza1

Lionelza1

    Sage

  • Members
  • PipPipPipPipPipPip
  • 1,987 posts

Posted 21 November 2018 - 01:00 PM

Leo do u pay brokerage fee everytime u buy and sell? Or a monthly fee and can do any amount of transactions?
  • 0

#11673 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 21 November 2018 - 12:41 PM

Tight Range...But made a few bob. Out for now. Will short if price goes to 187 or8

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11674 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 21 November 2018 - 10:32 AM

I think you've done a risk.
I haven't sold yet, and still contemplating to buy.
We'll see.


We'll see.... trailing stop of 3 points. So keeping it tight.

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11675 Tom

Tom

    Master

  • Members
  • PipPipPipPipPip
  • 767 posts

Posted 21 November 2018 - 10:24 AM

Another short for today. Range should be tighter

Sent from my SM-G935F using Sharenet Sharechat mobile app

I think you've done a risk.

I haven't sold yet, and still contemplating to buy.

We'll see.


Edited by Tom, 21 November 2018 - 10:24 AM.

  • 0

#11676 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 21 November 2018 - 10:12 AM

Another short for today. Range should be tighter

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11677 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 20 November 2018 - 06:08 PM

If it wasn't the restructuring update that killed it today, then it's the Pepkor update.

Steinhoff trade update should be coming within a week or two.


Yebo

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11678 leo

leo

    Little Master

  • Members
  • PipPipPipPip
  • 728 posts

Posted 20 November 2018 - 05:58 PM

You usually go "not so short", what made you change today, obviously you haven't expected another "not as good" SENS.


My view. This movie is done and the co is ucked. And that's what the market's view is, as we always get the slow poison effect when nothing happens.

To me, as long as you know your dates and sense announcement, just play the sentiment, as this is not a long term share for me.

I'll continue playing the short sell biasim till we reach 160 ish. But it's too risky to have an open position at this stage over night.

So. If a pre the announce of the FY17 comes, then I'll long the build up. Otherwise I'll see what happens on the day, most likely up, then serious crash

Sent from my SM-G935F using Sharenet Sharechat mobile app
  • 0

#11679 Tom

Tom

    Master

  • Members
  • PipPipPipPipPip
  • 767 posts

Posted 20 November 2018 - 05:35 PM

Don't know, first wait and see a little. Bias for me is still short.

Key for me, check the range, short at the top and keep adjusting the stop loss the whole time, keep about 3 points differential. Don't be too greedy, as it's zig zags.

Repeat

Sent from my SM-G935F using Sharenet Sharechat mobile app

You usually go "not so short", what made you change today, obviously you haven't expected another "not as good" SENS. 


Edited by Tom, 20 November 2018 - 05:36 PM.

  • 0

#11680 Tom

Tom

    Master

  • Members
  • PipPipPipPipPip
  • 767 posts

Posted 20 November 2018 - 05:33 PM

It's possible...

Sent from my SM-G935F using Sharenet Sharechat mobile app

150c ?


  • 0





Sponsored by Sharenet and VPSNine Linux VPS Hosting