Stock Watch [Disclaimer: "by non-registered amateurs"]

rietrot

Honorary Master
Joined
Aug 26, 2016
Messages
33,199
All The mining companies seem to be up.
I am completely clueless and can't decide if I should jump on that.
 

moklet

Expert Member
Joined
Aug 20, 2005
Messages
3,959
Seems like absastockbrokers is overloaded today, can't get past the login. :mad:

Just got in, not very happy down down down
 
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Greglsh

Senior Member
Joined
Dec 27, 2009
Messages
840
What do I do, most of my portfolio is dropping like a stone, do I just leave it and hope it recovers one day or sell now? Talking mostly Dischem, Discovery, Woolworths, KAP ect Sasol and Sappi doing okay
 

rietrot

Honorary Master
Joined
Aug 26, 2016
Messages
33,199
What do I do, most of my portfolio is dropping like a stone, do I just leave it and hope it recovers one day or sell now? Talking mostly Dischem, Discovery, Woolworths, KAP ect Sasol and Sappi doing okay

Never panic sell.
 

JStrike

Honorary Master
Joined
Aug 29, 2005
Messages
12,454
Yea just realized it's that product. There was a podcast on justonelap about it, I can't recall the specifics of why, but I remember my consensus was I am not buying it. Will see if I can go find the podcast.

https://twitter.com/simonpb/status/390839334628114435

Is it possible he reviewed it in 2013?

I tend to be wary of products that seem complicated. (Discovery has some incomprehensible ones) and this seems to be in that boat
 

Ianvn

Well-Known Member
Joined
Jan 15, 2008
Messages
209
Capitecs, Naspers, discovery, Richmond, shoprite, kap all the good companies.

Then DBXWD, gloprop


Is it really a good time to buy DBXWD now?
From what I can see is if you do buy now you avg purchase price per share keep on going up until the price reach its pinnacle.
Then once the rand/SA starts recovering (might be in a month or 10 years from now) the etf price will drop but your avg purchase price will at some stage be above that of the etf. So if you are buying to "trade" it might be a good option but not to keep? Or am I missing something?
 

fivenine

Active Member
Joined
Jun 20, 2012
Messages
41
Most down, but surprisingly not as bad as I thought.

Anglogold with a nice increase. Of course, this was the stock I was hoping to drop further all these weeks in order to buy more and now it's on the way up. Sigh.
 
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