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Online Share Trading

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anyone bought at 1c

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KKKK
Contributor
did any of you buy for 1c?
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12 REPLIES 12
SimonPB
Valued Contributor
why would you want to do that ??
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Not applicable
So that you could sell at 2c, why else??? Not all trades are long term or based on fundamentals. Some trades are actually just for the quick buck
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MCB
Occasional Contributor
The restructuring seems to be gaining traction - growth in retail space, increased volumes, cash injection through rights issue (even though they didn't get the total they were looking for), recent Transnet tender win etc doesn't seem to paint the picture of a company going under, which is what 1c implies. Certainly a higher risk trade, but possibly worth a punt?
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SimonPB
Valued Contributor
hmmm .. ya, no, maybe .. you have seen the Q at 1c and then the other Q at 2c ?? rather tryred at monti
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kwagga
Super Contributor
1c Shares are for the greedy and desperate. omo
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Not applicable
Almost like a bet on red or black at the roulette table? Green is the trading fees and that gives it a negative edge! Just my opinion. Perhaps someone knows something the rest don't? I guess worth a punt if you're aware that its gambling and not trading investing.
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Not applicable
Who is the associate director?
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KKKK
Contributor
i bought at 1c and sold at 2c sweet
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SimonPB
Valued Contributor
Not in the real world you didn't ..
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Not applicable
lol, but many people actually did
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KKKK
Contributor
and i did it again
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av1
Occasional Contributor
Thanks for your comments in July. I acquired some AET and am happy that I did.
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