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mrp

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TILLEY3
New Contributor
i bought MrP at R118.00 - should i sell or wait ?
5 REPLIES 5
prancing_horse
Super Contributor
Long term or CFD
prancing_horse
Super Contributor
I see the last time they were at that level was beginning 2013, so you were in for the long term. I have held from early 2009 purchased at 25 and sold a third in Sep 2013 @ 133 only to see it peak in the high 200's making it a nice ten-bagger (at the time) for me. I still hold the balance and intend to keep them. I know all the talk about how Zara, H&M, etc., will hurt them like many others but I don't believe to the extent the "experts" say, that's my view.
Russ
Super Contributor
I don't like it.
SimonPB
Valued Contributor
Q is why did you buy it and what was you exit strategy when you bought ??
prancing_horse
Super Contributor
@tilley....feeling better?