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Community


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Online Share Trading

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BIG DRD DAY

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INTTHEMONEY
Contributor
So here is the deal, we all punt DRD and hold until they get to R30,00 a share to the end of the year. Then we sell and with the profit we all meet in Mauritius and celebrate. Life is to short , so lets give it a go Any takers?
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11 REPLIES 11
DR_1
Super Contributor
heres the problem i see. for DRD to get to R30, it needs to trade at $40/share in US. from a purely speculative point of view, when one compared it on the surface to GFI and HMY, traders are going to stuggle to pay $40/share. Its purely an emotional purchase at those prices. What do others think
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KVW
Super Contributor
I agree I think the gold price is high enough now to cover their man exp. per ounce now what ever the pric goes up is profit.
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Project_Directo
Super Contributor
Gold 1150 end Feb.imo
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Wizard
Super Contributor
Life is too short to invest in the wrong shares!
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Ameesh
Contributor
Any speculations on how much higher DRD will go ?
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KVW
Super Contributor
i think in 4 weeks is should hit 1000-1200 share as the gprice increases
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Ameesh
Contributor
Hmmm, im hoping ;) Thats what Roffey suggested as well...
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CrownA
Super Contributor
OK I will put my shares on offer at R30, you buy them ! Any takers??
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Wumpus
Frequent Contributor
DRD will be R8.21 end January, R5.80 end Feburary.
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INTTHEMONEY
Contributor
fORTUNE FAVOURS THE BRAVE heres what i do I record Roffey on my PVR and then at the end of the year i review the previous 52 weeks guess what he is right most of the time hindsight is not finite science its a PVR and Roffey
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jamoo
Frequent Contributor
hey wumpus, how did you arrive at those figures? please share it with us.
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