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Online Share Trading

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Market correction.

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barry_1
Super Contributor
IN MY OPINION ONLY ,somewhat over done,for shares especially running up to their declaration dates in the near term.I now hold 63% in CASH and ABT,RDF,ALGSTA and ZED instead of my usual eight to ten shares.Naomi holds 60% CASH and ABT,RDF,AGLSTA,GDF.Stop losses under 10% on all shares.
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6 REPLIES 6
barry_1
Super Contributor
With the platinum price stable and gold trading within a tight range and the Rand weakening,we should do very well as to divs received not that this will effect AGL at this stage as the exchange rate has been fixed already for this payment.How ever they are likely to slough off more ill-fitting parts and the next interim declaration(sx months hence) will probably see a return of capital as well as the dividend ....LONMIN is now likely to be the mine that makes the running for plats...although AMS might recover before FridayOMO....ABT has a number of suitors out there and i buy more at every weakness.
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barry_1
Super Contributor
i.e. AMS might recover before NEXT Friday(9Mar) its LDT date.sorry!
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Not applicable
What about GND? Think she will post recovery before next friday too?
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Beep_Beep
Super Contributor
What's the story on IMP - R200 a good price to go in on today.
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barry_1
Super Contributor
Hello,my stop-losses took me out at a good profit,really only my opinion,but i think it is unlikely to be worth the trouble to get in again for capital gain ,unless of course u want the dividend.
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barry_1
Super Contributor
Should run up nicely.OMHO!
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