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PNC

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Vish_1
Contributor

‎08-10-2012 07:45 PM

PNC

PNC down 3.6% today. Any thoughts.?? This stock seems to mirror the rand/dollar exchange rate. Rand weak this week..Any views on this??
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1 REPLY 1
Wino
Super Contributor

‎09-10-2012 02:04 PM

Re:PNC

Most hardware imported. So if rand weakens they and other importers soften as margins will be squeezed and currency risk increases. Good companys like these though you can happily accumulate on weakness.
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