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Online Share Trading

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JDH - Simon just for you

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ABuzz
Super Contributor
Hi Simon, I couldn't let you down and not "shove it in your face", but you called it stupidity in your own words and I did give you other options. SimonPB(Standard Bank) on 22 May 15:45 sure I'll call it - must be ... stupidity ... value is so small it isn't even a blip. Guess you knew it would come back to bite you. No offence taken though, your sound logic and advice are still much appreciated on this forum.
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23 REPLIES 23
Preston
Super Contributor
ABUZZ-- Are you taking into account the 100 million right issue that is going to be offered to the Public...shortly?
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TJH
Frequent Contributor
At least we know that the "Greater Fool Theory" still works.
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Preston
Super Contributor
Uuuhhh? WHo are you directing that comment too.
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TJH
Frequent Contributor
The people who are paying 2 cents for this crapola.
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Preston
Super Contributor
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Not applicable
Hey Abuzz, you did good at getting the share moving... Pitty I wasn't brave enough to EVER buy any... but maybe you can put in a good work for ENL on the forum, Im sure you can push it to 450?
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Not applicable
Well now the 1 million question is when are you gonna sell goes it is over 51 million on 2c by the time its your turn its back at 1c
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SimonPB
Valued Contributor
ya ya, now you can sell at break even? or buy the 54million on offer at 2c? I stick with my initial statement, this is a very bad investment/trade, and even if it makes a profit that doesn't change that fact. But as they say about the markets - it takes all types.
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Preston
Super Contributor
Mr T.. Are you the Seller that is selling for 5 cent
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Taurus
Super Contributor
No Preston..i bailed out at 1c and said cheers to this share.
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Preston
Super Contributor
Good for you , brother!! Let your money earn market interest rate , less stress
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Not applicable
First ABO now JDH has someone worked out an angle whereby they make money off these 1c shares?
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ABuzz
Super Contributor
Yes Mboy, and I called both ABO and JDH before their respective moves (calling one might be construed as luck, but calling both should point to something) . Maybe I should start a Penny Stocks Newsletter/company?
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SimonPB
Valued Contributor
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ABuzz
Super Contributor
Simon - Todays trading doesn't detract from the fact that I called the move before it happened. So one investor has just off-loaded all his shares at 1 cent at 11h08 and now there are a couple of million available at 1 cent. This still doesn't negate the fact that finally this share is seeing some movement again and that in itself is a good sign, as previously this share was a dead one, with no or little hope of any life at any price.
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Preston
Super Contributor
You did called this share correctly .. well done....There is going to be signficant movement in this share ABUZZ-- Are you taking into account the 100 million right issue that is going to be offered to the Public...shortly?
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SimonPB
Valued Contributor
abuzz, something we agree on when you say "seeing some movement". other then that we're poles apart on this one, and all that happened after some movement was that desperate sellers stpped up tot he plate to off load at any price. The question is how many are there happy to sell at 1c?
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ABuzz
Super Contributor
Yes Preston, I did take into accout the 100 million rights issue. The question needs to be at what price will the rights issue be offered? If they can keep closing at 2 cents, maybe the issue will be at that figure and not at 1 cent! Just checked, only about 100 000 left at 1 cent.
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SimonPB
Valued Contributor
rights issue us always at a price below recent trading range, so will be below 1c.
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