The LONMIN share price thread

Gtx Gaming

Gtx Gaming
Joined
Aug 25, 2008
Messages
25,508
Come on 9am ,hoping for a early x-mas gift :p

I am thinking to pull out at 70c ,then I would of made 10k. AVG purchase price is 22c
 

syfret

Well-Known Member
Joined
Dec 4, 2015
Messages
219
Jeeez, I hope that you chaps are right about LON. Like Thor, I also scored big time on the 26th when the price soared to R1.20 but I'm feeling far less bullish about their share price now. I picked up some stock on Friday when the price dropped to 20c, but my outlook for LON is bleak and I'm not convinced that we're going to see a price climb to to > 30c before they fold. I really do hope that I'm wrong :p
 

Purply

Expert Member
Joined
Mar 4, 2013
Messages
3,999
58,468,985 Lonmin shares traded on Friday, the highest amount since 20 November when the priced dropped to 30c with 33,726,539 shares traded.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Come on 9am ,hoping for a early x-mas gift :p

I am thinking to pull out at 70c ,then I would of made 10k. AVG purchase price is 22c

I want to pull out at R1 ( hoping hard it will reach it before 2016 )

Jeeez, I hope that you chaps are right about LON. Like Thor, I also scored big time on the 26th when the price soared to R1.20 but I'm feeling far less bullish about their share price now. I picked up some stock on Friday when the price dropped to 20c, but my outlook for LON is bleak and I'm not convinced that we're going to see a price climb to to > 30c before they fold. I really do hope that I'm wrong :p

Yes my second round in, I am scared, because I have a lot of shares now compared to the first "phase" where it shot up to over R1

I also don't have much hope, but I am hoping it will do one last phenomenal thing before they fold.
 

e4et

Expert Member
Joined
Nov 2, 2011
Messages
2,082
Okay, thanks.
I also want to try and buy a couple of shares this morning. In hope for a little profit.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
Right now no one knows what the fck is going on with lonmin... I personally would not suggest it, the only reason I have shares in them is because we all bought at the beginning.

That said, if you have money you can practically go without sure throw it at lonmin, but make ready for loosing it ALL
 

e4et

Expert Member
Joined
Nov 2, 2011
Messages
2,082
o gosh. You're making have second thoughts now.
I wanted to buy in with 2K, hoping to maybe make a little off of that.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
44,236
o gosh. You're making have second thoughts now.
I wanted to buy in with 2K, hoping to maybe make a little off of that.

Is it money you dont need?

Then go under 26 cents is a "good" entry point
 

Archie1

Senior Member
Joined
Feb 7, 2005
Messages
711
Are you guys also getting the message "This security is unavailable for trading" using easy equities?
 
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