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Steinhoff


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#14761 Investment novice

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Posted 20 July 2018 - 11:24 AM

Okay... Lets watch the market... Lot more nervous buyers will enter... And probably find a base and resistance at R3. 30

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#14762 Polly

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Posted 20 July 2018 - 11:11 AM

Nopes...All priced in now... 

 

IMO we go back below R2.50 next week


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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.”


#14763 Investment novice

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Posted 20 July 2018 - 11:05 AM

Expect profit taking and price drop before price takeoff....

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#14764 LarryK

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Posted 20 July 2018 - 10:44 AM

2 x sens out:

https://irhosted.pro....aspx?id=314982

https://irhosted.pro....aspx?id=314984

 


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#14765 LarryK

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Posted 20 July 2018 - 10:34 AM

I think there's a lot of people loaded and ready to pull the trigger as soon as the sens comes out.

And of course lots of folk waiting for their salaries :)


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#14766 Investment novice

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Posted 20 July 2018 - 09:35 AM

Thanks P

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#14767 Polly

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Posted 20 July 2018 - 09:28 AM

HI Polly. What does that mean in English... Sorry... Still a novice... Thanks

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Im trading, not investing.

 

So use the term short to sell and long to buy.


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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.”


#14768 Investment novice

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Posted 20 July 2018 - 09:26 AM

Im warming my hands to short @ R4.00


HI Polly. What does that mean in English... Sorry... Still a novice... Thanks

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#14769 Snippit

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Posted 20 July 2018 - 09:01 AM

https://jsecharts.bl...inhoff-jse.html
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  1. Trusting strangers on an anonymous chat forum can be a risky business. Even more risky than the stock market.
  2. I have tried to warn the vulnerable, being those without adequate savvy: e.g.: https://swrict.blogspot.com/2018/11/sharechat-warning.html
  3. Vultures circle hereabouts. Give them control and say goodbye to your money. 
  4. Learning links: http://swrict.blogspot.com/2018/11/trader-links.html

 


#14770 Polly

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Posted 20 July 2018 - 08:13 AM

As  a real investment novice I would appreciate any advice on other companies with potential good upside? Is there another group on here anyone can recommend?

 

Thanks, all the best with your day ahead. May we get to R4,77 and beyond!

 

 

Im warming my hands to short @ R4.00


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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.”


#14771 LarryK

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Posted 20 July 2018 - 07:49 AM

As  a real investment novice I would appreciate any advice on other companies with potential good upside? Is there another group on here anyone can recommend?

 

Thanks, all the best with your day ahead. May we get to R4,77 and beyond!


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#14772 Investment novice

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Posted 19 July 2018 - 10:37 PM

Does anyone have access to shorted stocks.... Is steinhoff still one of the top 3 shorted stocks?. Would we expect a scramble tomorrow to close shorts...?


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#14773 leo

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Posted 19 July 2018 - 06:37 PM

I think the following targets are r7, r10, and then on to r13 with August results.
With Dec and Jan info could be at R15. Would require 3years of solid results and court cases to be settled to get to r30.

I will aim to rebalance my portfolio at r9 rand ish.

Always important to stick to your individual investment strategy.

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R7 to maybe 10 at Dec. Who knows

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#14774 leo

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Posted 19 July 2018 - 06:32 PM

Smiling Indeed.
I need R 4.77 as breakeven though.
So lets hope for a breach there Tommorrow

Maybe my R 20 - 30 is not that absurd???
:D :D


Getting greedy now

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#14775 Investment novice

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Posted 19 July 2018 - 06:05 PM

I think the following targets are r7, r10, and then on to r13 with August results.
With Dec and Jan info could be at R15. Would require 3years of solid results and court cases to be settled to get to r30.

I will aim to rebalance my portfolio at r9 rand ish.

Always important to stick to your individual investment strategy.

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#14776 Chris101

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Posted 19 July 2018 - 05:50 PM

Nope..... Only hoping many more countryman and women are smiling especially Chris.... And hopefully Pic buys some now as we should expect nice momentum for a while....

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Smiling Indeed.

I need R 4.77 as breakeven though.

So lets hope for a breach there Tommorrow

 

Maybe my R 20 - 30 is not that absurd???

:D  :D


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#14777 Investment novice

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Posted 19 July 2018 - 05:39 PM

Thank you. I relied on fundamentals... But this could have also went the other way.... Pls jump in... Wait for mid morning dip and jump on.... Probably will open with momentum gain another 15% to 30%...and dip...by on the dip... Should see a week of momentum and if Polly is right still plenty of time for double digit growth.
I will aim to buy more.... Ongoing..


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#14778 DividendTycoon

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Posted 19 July 2018 - 05:34 PM

Nope..... Only hoping many more countryman and women are smiling especially Chris.... And hopefully Pic buys some now as we should expect nice momentum for a while....

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Got to hand it to you IN, you really kept your cool when others were fleeing and deserve your rewards. I felt this was too risky and missed out, but as Buffett says you just swing when you happy to swing. 


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#14779 Investment novice

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Posted 19 July 2018 - 04:59 PM

Nope..... Only hoping many more countryman and women are smiling especially Chris.... And hopefully Pic buys some now as we should expect nice momentum for a while....

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#14780 Ram85

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Posted 19 July 2018 - 04:38 PM

Are you guys also wonder about that strange 241mil volume @R1.12 a while back on the 31st of March?

 

Boy... they must be smiling now - if it was a someone and not a rebalancing.

 

 

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