The Investor Challenge - Online trading game

MTN is up again!!!!
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I forgot I wanted to make a thread about this as well.

czc on the leaderboard as well.

Just below [MENTION=9789]DieGrootHammer[/MENTION]
 
So good to see a few people signed up on this journey. Today had been a pretty ordinary day on the stock market, so hopefully tomorrow will be better.
 
MalicE said:
ag FFS!
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Sell them NOW, take the hit and buy something else. Look at what's currently moving, or look for shares that are currently going through a dip, but have already bottom-outed. Something that is guaranteed to grow in the future.

Sappi is a good bet; they have diversified their core business, seeing as the paper market is dwindling. They are now more focus on exporting pulp to China, and seeing as the Rand is extremely bad, their values are sure to sail rather high. Mondi did the same, but not to the extent of Sappi

MTN has lost a lot of value due to the various countries fining them, but they have various other countries and markets that they are going to open up and get more revenue from, so they should be on the buy menu

Rhodes Food, Steinhoff, Pioneer and Shoprite are all surely going to gain from the annual price increase of grocery products in March, so be sure that they should see good value growths within the coming months

Naspers is a very expensive share, and is extremely dependent on the movement of the overall JSE. So, should the JSE move upwards later in the year, be sure that Naspers should reach the R2000 per share price during the year. Seeing as they are now "cheap", they can also be on the buy list.
 
DieGrootHammer said:
Sell them NOW, take the hit and buy something else. Look at what's currently moving, or look for shares that are currently going through a dip, but have already bottom-outed. Something that is guaranteed to grow in the future.

Sappi is a good bet; they have diversified their core business, seeing as the paper market is dwindling. They are now more focus on exporting pulp to China, and seeing as the Rand is extremely bad, their values are sure to sail rather high. Mondi did the same, but not to the extent of Sappi

MTN has lost a lot of value due to the various countries fining them, but they have various other countries and markets that they are going to open up and get more revenue from, so they should be on the buy menu

Rhodes Food, Steinhoff, Pioneer and Shoprite are all surely going to gain from the annual price increase of grocery products in March, so be sure that they should see good value growths within the coming months

Naspers is a very expensive share, and is extremely dependent on the movement of the overall JSE. So, should the JSE move upwards later in the year, be sure that Naspers should reach the R2000 per share price during the year. Seeing as they are now "cheap", they can also be on the buy list.
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yeah they're gone. that plan backfired miserably :cry:

I have lost R1 962,95 in fees alone :(

this game is depressing
 
[MENTION=9789]DieGrootHammer[/MENTION] when did this thing start? What im basically asking is why are there no guys that have like a huge amount of cash? Does it reset monthly?
 
Tom said:
[MENTION=9789]DieGrootHammer[/MENTION] when did this thing start? What im basically asking is why are there no guys that have like a huge amount of cash? Does it reset monthly?
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The competition resets each year, so everyone starts with the same amount on the first day of the month. So, the person with the highest value at the end of the year is the winner.
 
Dammit, seeing as the rand is strengthening somewhat today due to the repo rate increase, Sappi is getting hammered. Down 8% in two days. That sucks. I still maintain they are a good buy, just not on the short term right now.

MTN is having a great day today it seems. [MENTION=13244]Tom[/MENTION] scored well from that. That was a good transaction.
 
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