97 replies to this topic

[new john]

My g d,,, just seen that and my omu shares...looks f### d.....saw this re shoprite...hope this doesn't mean further dip tommorrow....Lazard Asset Management reducing to 4.16% of the total issued Shoprite Holdings ordinary shares.

SENS released at 16:22 so will see if it has any major effect tomorrow.

I think SHP released today to divert news from their “quota squad” Springbok cake 😂

[Midas1]

My g d,,, just seen that and my omu shares...looks f### d.....saw this re shoprite...hope this doesn't mean further dip tommorrow....Lazard Asset Management reducing to 4.16% of the total issued Shoprite Holdings ordinary shares.

[new john]

Hi John, I'm also chuffed results and long...but did sell half my cfds when dropped 149.....got shudders...after which flipping went up...so hope make profit on that half....have quite lot in equities too so also quite happy with positivity

How’s your OMU looking after the news today

[Midas1]

Hi John, I'm also chuffed results and long...but did sell half my cfds when dropped 149.....got shudders...after which flipping went up...so hope make profit on that half....have quite lot in equities too so also quite happy with positivity

[Midas1]

Spent the whole day behind the wheel of a car which was probably the safest place to be

Cannot have asked for more. That last quarter % was exactly what I was hoping for.

Africa weighing heavily but there’s little they can do about it.

Full disclosure: I’m looooong on this equity, and as a lifetime shareholder, I’m glad we’ve weathered through this past year and can look forward to more stability.

Will wait and see what tomorrow has in store but have already got the finger on the trigger.

Sent from my SM-G570F using Sharenet Sharechat mobile app

[new john]

Spent the whole day behind the wheel of a car which was probably the safest place to be

Cannot have asked for more. That last quarter % was exactly what I was hoping for.

Africa weighing heavily but there’s little they can do about it.

Full disclosure: I’m looooong on this equity, and as a lifetime shareholder, I’m glad we’ve weathered through this past year and can look forward to more stability.

Will wait and see what tomorrow has in store but have already got the finger on the trigger.

[Midas1]

Yes understand short selling..not such a newbie....haha..I'm still long..but down from my 157.50 buy price...who knows what tommorrow brings....I'm short on impala..

[soutie]

I sold to go short.....Short selling.

To exit the trade I must buy same back, sometimes refered to as short covering, depends who you're talking to.

Leaving 1/4 running to keep my attention focused. 

[Midas1]

To go long...?

[soutie]

Bought back 3/4 on re-take of R153.

[Midas1]

Thanks

[soutie]

Apply the 3 day rule here.

Check volume  on this time Thursday.

[Midas1]

Thinking about buying them back lower and start praying haha..

[Midas1]

Chucked half them....holding rest for a bit...

[soutie]

Next line in the sand R148...Based on my learnings of last 2mths.

 

Oh & this is not advice...Phew dodged a troll or 2 there...

[soutie]

Grrrrrrr indeed MSM trading update not helping either.

Going for another crack at R153.....

[Midas1]

May have take loss on this..unless sudden upswing...grrrrrrrrr

[Midas1]

Gone long at 157.50 just now

[soutie]

Yip seen all my profits wiped out at opening but trading statement is full off feel good fluff numbers not so good.

Not exactly sure where the clever money is going just yet but me thinks a steady grind lower is on the cards.

Some big losses for some this morning I'm sure & the market makers pushed it up hard but where support will kick in we'll have to wait & see...?

My 2c 

[Midas1]

Brave...I have it in equities