DRD....This forums favourite share

[DR_1]

Fellow Forumites... What are the thoughts on DRD. I had bought a packet when it was @ R8, and did not sell @ R12, was waiting for the mystical R25. I have now lost more than half. Seems to be the oly share that is bucking the trend. Any one else sitting with tons of this garbage. DR

[tsbc]

Im in at 6.50 hope to get out 42.00 ;) wishful thinking

[tsbc]

Im in at 6.50 hope to get out 42.00 ;) wishful thinking

[Wumpus]

I will get in at R4.20 and sell by means of my stoploss system.

[tsbc]

what is your stop loss system?

[#6]

to not touch DRD

[maciver]

I hope to buy in at around R3.50 in March and sell at R5.0 late April !!!! like the deep hole miners !!!!!

[maciver]

Sorry , not deep hole miners ..... long drop miners

[Wizard]

Well lets ask Dr Roffey what he thinks about it. Fair enough?

[yrg]

DRD has mapped a falling wedge pattern and in addition there is a huge buy divergence on the RSI. This is a major buy signal after the period of strong under performance. Dr Clive Roffey 2007/02/05

[Tango]

He has been saying similar since it was R10+... The market hates this share and it's performance is terrible. If you had a chance to lay a bet during a horse race, would you bet on the lame nag at the back of the pack, or the strong horse out front? Same thing here - buy the shares making new highs, not the ones going lower and lower. In fact, if you had shorted DRD every time Roffey had said 'buy' you would have made decent money.

[#12]

DRD has been sold off back to levels of stupidity. Under 900c it remains a major SSF buy - Clive Roffey 26/11/2006 - after I sent him an email asking him why he was calling a buy when DRD had slipped under R 10.....

[Wizard]

It will be dissapointing if it doesn't go under 5 coming so far down!

[Pleiades]

The Directors have sold off a nett 5.2million shares in the last 3 years. If they have no confidence in their own abilities to run the mine why should the investors? Perhaps they will be sweating just a bit to get this dog back to R7.20 by July to stay on the Nasdaq (by which time the Rand might be 8 to the USD). Sweating like their suppliers were when the mines were liquidated...Chickens coming home to roost, or what?

[Wizard]

above $1