R 140

[sponono]

Below R140 now, rhaa

[Rams]

and MSM stuck on 115, no movement.

[Preston]

New buyers at R115,all the weak holders have sold. Unless their is a change in the market, this share will appreciate.

[Rams]

yes, I agree, short covering to about 124

[SimonPB]

loving it, SHP coming into my cross hairs

[sponono]

Simon: I know you dont use charts but if you look at the chart of BSR from March 2007 and March 2008 you will see a similar pattern. BSR fell by 70% from the top. On this basis SHP can also fall as low as R62: just saying

[Preston]

My prediction is R52

[Preston]

@Rams, time to cover your short. MSM release a trading update.

[Rams]

Yes, who cares, my "stop" in place....

[#10]

Seems to have had little impact on the MSM Share price

[Preston]

Welcome to the world of trading and not investing.

[prancing_horse]

Have regarded this as R130 share for a long time, slowly getting there. I recall how I was laughed at when shorting it at 190 and 200, shows markets aren't always right.

[Preston]

I remember, it was RAMS that laughed at you. Price now confirms your initial judgement.

[Rams]

eh eh it was a good laugh at the time, and that was 3 years ago..good memory guys. I still holding out for BIL at 220, MTN at 120 and SOL at 320...and now SHP at 120..."boots an all"

[Russ]

MSM's long term support is at R100. Should be a good buy if it gets there.

[Prestonmyhusban]

Russ, are you short on MSM?

[Russ]

No,unfortunately!

[prancing_horse]

Memory Loss? not 3 just over 1 year.