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Any thoughts on going Short on Absa in the next day or so

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HungryPunter
Regular Contributor
I am contemplating going short on Absa. Just an observation at this time, that the share seems to be trading on a range. Any opinions as to whether this is a potential short term short trade?
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8 REPLIES 8
Not applicable
wait for index short confirmation which should come next week some time...everything depends on what happens at Jackson hole...this will be resolved on the weekend...you poeped yourself last time you were holding a short...make it a good one this time
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prancing_horse
Super Contributor
I took advantage of getting into ASA at 136 after the "bad news" as I felt the market over reacted (as usual), and see it edging higher , maybe to 148 in the next 6 months so not one I'd short.
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HungryPunter
Regular Contributor
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CHATTYCHAT
Super Contributor
HP - why don't you post under "share discussion" when posting on a specific share? The topic you raise has a direct bearing on ASA and the opinions which followed leaves a track which is not "general" in nature.
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HungryPunter
Regular Contributor
I attempted to do this when I started the thread, but for some reason I do not get a listing of shares, only the one share is listed at a time when I attempt to post under a specific share.
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prancing_horse
Super Contributor
I have the same problem, wanted to post under SHP and all I get is SAB. Is OST coming apart at the seams?
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sponono
Super Contributor
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CHATTYCHAT
Super Contributor
Agreed. One way to get around this block is to click on the share code (from your portfolio or your watchlist) and then select the link to Share forum. However, this craft is not what we should be busy with - we expect seemless access to whatever the platform offers. At this time the display of a sector of shares also does not show the graphics for the day's trade.
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