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Online Share Trading

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Investec

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Dutch
Frequent Contributor
How much lower will INL go? Is it time to get in now?
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7 REPLIES 7
Not applicable
i think the carnage has only started
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Shaun_Siddall
Super Contributor
Who knows the financial sector is all over the place. I bought some installments at R70 thinking is was a good buy. People were saying it would be R110 by this time in September. Just to much negativity in the press. But even more negativity with the public who have lost quite a bit of money with the share.
0 Kudos
CHATTYCHAT
Super Contributor
She's going to take off soon...(omo).. er we'll know by April/May. Of course bearish behaviour must be reconed with, but speculation has it that it already presents good value @ 6000cps and should not go (much) lower.
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Dutch
Frequent Contributor
What is suprising is that every day it just moves lower and lower. Wonder where the base is on this one. INP is even worse but that also has the R/GBP exchange rate to deal with.
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Tango
Super Contributor
Strong support at zero
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SIMBA
Super Contributor
I.M.O. This share will be rerated befor the summer rains have finished in jhb ......dip your bread in now
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venice
Super Contributor
I would wait for a solid reversal before I bought this share. There is not one thing indicating its reached the bottom. Eventually bargain hunters will cause a bounce but will it last if there is more losses in the next set of financials. Too soon IMO
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