Its getting time to short MTN

[DR_1]

Looks like resistance is at 107, if it breaks that then 132 is on, else it should fireback to the down side. MO, down side more likely, once the punch drunk traders realise that the interest rates cut will not fix the problem short term

[platsak]

Been thinking about shorting this one too. Want revenge after huge knock I got from this one last week. Know one of the punters gave recomendation to short from R98 level. Problably a lot of unhappy clients out there this morning.

[Surf_Rat]

we wait for europe to open it has been like the allen grey add brother have to wait for the potential Blood noses bail out after bail out next time I stop loss this one with huge exposure

[WR]

hope you all went short this morning....

[gleamin]

So where do you think the next stop is?

[louisg]

Short term don't know, don't care. Long term UP UP UP.

[gleamin]

Anyone with short term views on this one???

[WR]

as long as you make your targets, dont worry about trying to call the bottoms, no one gets it right.

[Shaun_Siddall]

I think we going to a close around 10500. Would not short it yet.

[Surf_Rat]

you guys were brave to go short here well done to risky for me

[DR_1]

look at the director purchases,when share dropped to R 73. executive director bought R96m. Look at his purchases over the last year, he has traded his company and made about R400m

[#12]

Why does sens take 48hours to publish a R96mill share purchase by MTN topman? - allows 2days of "insider" trading not afforded to most.

[louisg]

RELEASE OF SUBSCRIBER NUMBERS FOR THE QUARTER ENDED 30 September 2008 MTN Group recorded 80,736,000 subscribers at 30 September 2008. This is a 9% increase for the quarter from 74,058,000 subscribers recorded at 30 June 2008.

[Surf_Rat]

last day of the month Friday afternoon price running the whole day up who says short it now ????

[MichaelR]

Watch this one fly!

[Shard]

If you're going to short, now's the time to get in, but, if it breaks past R107, be afraid, be very afraid.

[Shaun_Siddall]

Above 107 and all the shorts get stopped out. So yes 107 is key im waiting and watching. Good subscriber numbers 9% in a 1/4 is in current market is very good.

[Shard]

107 is falling, wait for a sure sign that market has turned before you short this one.

[Shaun_Siddall]

time to short next 30 min...

[alleycat]

Does the gap between Mon & Tues mean anything IE would that gap also need to be closed?