Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

AGL

Reply
Highlighted
Super Contributor
when will the pain stop???....hahaha
0 Kudos
7 REPLIES 7
Highlighted
Not applicable
Just after you close out all your long positions. And it will bounce back so quickly you'll never get back to the funds you had before the drop.
0 Kudos
Highlighted
Not applicable
Yes, WHEN!! LN, if I remember correctly, you are also packed into AGL. What is your take?
0 Kudos
Highlighted
Not applicable
SOLD out markets gonna be bad for the next couple of weeks will get in at the end of feb
0 Kudos
Highlighted
Regular Contributor
AGL is EXTREMELY oversold at the moment... Bound to bounce back to 40000c quickly! AGLSBI is your answer...
0 Kudos
Highlighted
Valued Contributor
aglsbi is not a good pick, warrants below 20c are best left to themselves, certainly they should never be bought.
0 Kudos
Highlighted
Regular Contributor
Hmm - maybe so but from 8c to say 12c is a 50% return in one week... Besides it is still 5 months away from expiry. Less risky but also with less return is AGLSBM...
0 Kudos
Highlighted
Valued Contributor
day trader, no, no and no. It is cheap (in cents) because it is a nasty warrant. It is well O-T-M and as such has low delta and high tiem decay. I've been trading warrants for over 10 years, nearly every time a warrant goes below 10c it ends worthless. Sure there are exceptions - but they are few and far between.
0 Kudos