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Online Share Trading

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Ouch..!!

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Vish_1
Contributor
Ouch....this hurts.!!Time to develop a high pain tolerance..
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6 REPLIES 6
Harathke
Regular Contributor
Take this as a good lesson of what happens when growth stocks are considered ex-growth by the market: de-rating.
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Vish_1
Contributor
Surely this cannot be long term.? The prospects for this group are still good right?
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sponono
Super Contributor
in my short sale list: close below R20 would be fantastic for a target of R14
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Not applicable
A company on a PE of 10, which is only reporting 1% growth, needs a damn good story to tell if it is to convince investors to stay with them. I am not really sure what PNC's story is. 46% growth in Africa business has some potential, but acquisitions in this space are not that interesting, if the sector itself is flat-lining.
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sponono
Super Contributor
Officially short now entry 2000, stop loss 2150, target 1400
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phd
Contributor
Directors have been selling out for the last few months
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