RE: Chartist21 Dec 2018 11:17
Strider, me I also wasnt a buyer at 50ish.
Yes, nice entry, Expert, at 8.50p! Yes, I agree that the core club here came in from 2p. Good for everyone!!
I for one have never the desire to hold a share longer than a few weeks (and I cannot keep track with fundamentals for every share traded). But in the course of the year I do buy back a share several times - after the technical retrace.
A fellow poster called me in here this summer at 29p. But then I was invested in too many other shares, such as Kaz or Gcm. Well, tbh I naver heard of Bushvelds before, so last week I bought for the first time to give it a try. Just 70k at 35.50. Seven days later I sold a fair chunk at 48ish, never mind the masses shouting "100p" :))
Right now this is just a nice little Christmas bonus to an excellent trading year in 2018. Still holding an expendable 20k shares and waiting for some more technical retrace, together with the US market shakeout. If the Sp does remain predictable, I'll be adding somewhat 180 to get it to about 200k altogether. This depends on the upcoming technical retrace, if Bushvelds drops back to its 50-day average at around 37-38p.
Best of luck with your first entry - whenever that is!