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Online Share Trading

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Massmart drop

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keng
Contributor
We haven't seen this type of daily percentage drop in MSM for years and years. I checked all news and nothing bad was evident. For the life of me I cannot understand, it's not like the share has been raising quickly over the last month. Decided to buy 3k+ shares when it was down R5.50 and thought I (buy the dip) was clever. Share ended R8.00 down for the day. Loss with charges on MSM nearly 10k for the day. Does anyone have any idea why the sudden drop?
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1 REPLY 1
Creature_of_the
Super Contributor
There was maybe a connection between Wallmart and the indian factory manufacturing clothes that collapsed..Saw a reference on cnn briefly yesterday...
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