JSE : DBXWD
-
Join the MyBroadband community
South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
-
Question of the Day: What is your non-negotiable item, device, or app for international travel?
The LONMIN share price thread
- Thread starter snoopdoggydog
- Start date
-
- Tags
- lonmin shares
JSE : DBXWD
You bought some bank? Man I wish I had the money to buy some bank...
Yeah its tough, it all started when I was 8, something about the Deutsche called to me, a gentle breeze sweeping past my ears, as an urchin I knew little about purchasing bank but I was taken in and taught all there is to know about the subject.
Fast forward to present day and here I am with bank
techead
Honorary Master
Lonmin trading at 20c
Polymathic
Honorary Master
- Joined
- Mar 22, 2010
- Messages
- 33,670
- Reaction score
- 14,746
Those are ETFs
Good move!
I am out too. Took a 20% knock, but it will be better than losing my whole gamble.
Gtx Gaming
Gtx Gaming
Sold R1813 shares at 21c each. Total investment was R5000.
Will keep some for now.
Will keep some for now.
techead
Honorary Master
marco79
Expert Member
Am I seeing this right? Trades jumped from 2 to 9 million when price hit 20c.
shooter69
Expert Member
I consider this a wise move, but I am staying until death do us part
+1
at least I am not daring this adventure alone
Exactly, thats what Deutche bank is
Gtx Gaming
Gtx Gaming
indeed 9.3 mill shares traded today so far.
techead
Honorary Master
will have to go check. Could be the guys with short holdings closing out their positions.
Solitude
Executive Member
Same here. I started this as a gamble and it will end that way. I either make a good profit or I lose it.
techead
Honorary Master
Im seeing 15 million shares traded so far today
shooter69
Expert Member
I am thinking that a lot of people are going on the Deutche bank Buy rating which is the latest rating on Lonmin to date. The older ratings are all sitting at hold or sell.
Ratings Breakdown: 3 Sell Rating(s), 5 Hold Rating(s), 3 Buy Rating(s)
http://www.marketbeat.com/stocks/OTCMKTS/LNMIY/?MostRecent=1
Jip it was those 8 odd million on "back order" earleir in the thread it was mentioned there are orders for 21 cents
shooter69
Expert Member
ps. For those guys reading this thread and thinking "What a bunch of fools!!"
This is a gamble and it turns out to be very educational.
I have learned a lot about share consolidation, rights offers,
how the market reacts to rights offers ect..... the list goes on if you read
through this entire 92 page thread.
I have gone to trading seminars and did a online course once. You do not learn these things there.
Paying R3400 for this education is totally worth it! And who knows, I might still even make a profit in the next few months
This is a gamble and it turns out to be very educational.
I have learned a lot about share consolidation, rights offers,
how the market reacts to rights offers ect..... the list goes on if you read
through this entire 92 page thread.
I have gone to trading seminars and did a online course once. You do not learn these things there.
Paying R3400 for this education is totally worth it! And who knows, I might still even make a profit in the next few months
techead
Honorary Master
ps. For those guys reading this thread and thinking "What a bunch of fools!!"
This is a gamble and it turns out to be very educational.
I have learned a lot about share consolidation, rights offers,
how the market reacts to rights offers ect..... the list goes on if you read
through this entire 92 page thread.
I have gone to trading seminars and did a online course once. You do not learn these things there.
Paying R3400 for this education is totally worth it! And who knows, I might still even make a profit in the next few months
might
