Centwise, daar is een word; LIQUIDITY, gaan kyk na Milkworx,MKX,dit wissel tussen 2c en 3c D.V.S. 50% op n slag.Maar daar is so baie kopers/verkopers afhanklik wat jy wil doen dat jy kan nie jou dele verwissel kry nie.Bly by hoog Liquidity dele dan is daar altyd n instante trade.
In die goeie ou dae, sou ek se 'blue chips', maar deesdae is die net so wisselvallig/volatile! Begin gerus deur goeie boeke te lees, soos Dr Alexander Elder se 'come into my trading room' of 'trading for a living'. Daarna, kies uiters likiede aandele - bly ver weg van illikiede aandele; kies ook aandele wat nie te volatiel is nie met 'lae beta'. Ja, ons wil almal streef na 'n 'quick buck' - ek inkluis, maar forseer jouself om stadig te begin...
dis nie altyd waar dat "small caps" doen beter as groter maatskappye....maak 'n hele paar wag lyste vir jou self van aandele ,onhou om die "tracker" in te sluit....op hierdie manier sal jy 'n voel vir die mark kry,nog voor jy begin koop....begin met aandele eerste ,voor jy met derivitives begin dobble....dis baie min dat jy positiewe rusultate kry met derivitives en kan al jou geld verloor....doen jou eie navorsing,moet nie staat maak op wat ander mense oor skryf....good luck with your trading....we are not really allowed to give tips,but discuss our own portfolios and answer questions on any problem u might have....also read the rules govering this forum first
faritec boys and girls. I have already doubled my money. If they don't turn around, good bet is that they will get bought out. Also waiting for sallies court case ruling before climbing in there. That is the thing with penny stocks - it is a gamble - but one that promises massive returns if you get it right. With derivatives, you have holding costs, margin requirements, slippage, etc and can't hold out for the long term. Each strategy has its own merits
One question is what do you consider a "penney share". According to Frank Black (who I dont support) I think OML would qualify now. Maybe a better indicator than share prices is NAV or another ratio. Awethu went up about 80% yesterday, but I dont think I would like to "trade" that one. Maybe have a look at ISA - if you watch it carefully you may be able to get in around the low 20 range, and if they have good results you may be able to get out in the low 30s. Still any high % gains you may get, you have to balance that with the fact that you could lose it all. I made a mistake with BDM - bought at 99, watched ip up over 500, then missed a sell by 1 cent, and then watched it all the way down to where it is now. Fortunately I dont need the cash - but its still a loss (paper or not) - I could have had a fiver bagger in two years, and missed it by a cent - DOH!
If you managed to get FRT at 7 or 8 cents like some of us daring traders who averaged down from a cost of +-30 cents to a cost of 13 cents, then u smiling, FRT is the one, good prospects on the cards...
Yea, please tell us about the prospects!!! A R21.5 m interim loss, an imminent R20 m emergency rights offer with the directors currently providing bridging finance to facilitate ongoing liquidity, a meagre opm at the best of times, FRT themselves are only expecting a return to profitability in the medium-term...provided they survive?? You are playing musical chairs...which of course can be profitable at times...
I firmly believe that a company with a R1bn turnover and variable cost structures (they don't have capital intensive operations) must be able to turnaround. If not, they must surely be a great takeover target, given their client base and skill set
i suppose I should add that that is the whole point with penny stocks, big risk, big reward. Liquidity prevents you from cycling in and out, you have to hold them for the long haul, in the hopes of making the mythical 10 bagger
penny wise... pound foolish. Don't buy anything that's under R5. Sasol moved 7% yesterday... is that too little for you? Remember that you buy R20k worth of stock... not x times a given share. The actual price of the share is completely irrelevant when it comes to affordability.
Liquidity is the key. Take Silverbridge Holdings (SVB). No volume to trade and one wonders why the owners of a Company like this would actually want to list the Company on the JSE given that the bulk of the shares are owned by 3 main groups. Where is the volume of shares for trading purposes? Stick with the liquid stocks and rather trade within their trading ranges. For what it is worth the CEO of Petmin bought up a big chunk of shares yesterday off market.