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SAB

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luganigo
Occasional Contributor
what is the general speculation on SAB, movement up or down?
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14 REPLIES 14
Valued Contributor
it is just a FX play .. zar / gbp .. with soem time value of money that will close over the time
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Super Contributor
@simone , Bought the book "Superforecasting" on your recommendation. Quiet interesting.
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Super Contributor
@simon , Bought the book "Superforecasting" on your recommendation. Quiet interesting.
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Valued Contributor
great book, you should join the project
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Super Contributor
@simon, First priority is being a good dad. This is another reason why i scaled down on my trading activities. Excellent book, we all do forecasting, yet we do not realise it.
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Super Contributor
looks like down on charts
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luganigo
Occasional Contributor
I have being holding from 908. should i cut my losses? or wait for the dividends pay out in aug?
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Super Contributor
LDT on Monday, so not long, but did you buy for dividends? My strategy is always have a stop loss for derivatives and keep to it, so the market always takes you out rather than you taking yourself out of the market. I was long but stopped out on the big move down on Monday for a small loss. Looking to go short... wth a tight stop...
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luganigo
Occasional Contributor
No not really, i expected the price to go up as its close to its dividends?
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Super Contributor
but its going down, and will go down even more after LDT...But its your call, nobody knows where its going.....
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Regular Contributor
Hi guys just wanted to find out if I have this right, the div being paid does not affect the offer price of 45 pound? even though we get the div the offer price remains 45
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Valued Contributor
correct
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Regular Contributor
thanks Simon
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