MTN - BULLET PROOF??

[Ninja]

I expected MTN to move down below R100 - doesn't look very likely now......

[DR_1]

Yesterday was carnage, so today we should see more down side. MTN could have found some support yesterday with telkom stocks as they were the only sectors that did not move down a lot

[#3]

So difficult to short this one! It was down significantly earlier yesterday, but it always seems to close the gap. I am going to wait for long opportunities only.

[#4]

im also short killing me

[HiSo]

Am also currently short MTN at almost breakeven level. Should I close before the weekend? what do you guys think will happen on Monday morning? Tx.

[#6]

same here. we going down to R82 :) why sell now?

[DR_1]

i think most of us are short and waiting to sell, bu this share never goes down. Hopefully, if it cna break downwards of R105, the sellign will start

[SimonPB]

why not just short something that is going down? Lots to pick from?

[HiSo]

Knowing my luck, as soon as I cover my short it will start tanking. Funny how every share I trade just doesn't move. When I'm short the market tanks 5% but mine only drops by like 2% and same when long.

[moomoo]

Yeah HiSo I know the feeling. Whenever I decide to short the bluddy price goes up. I gave up shorting MTN, that share is too stubborn to short