Time to get in??

[James15]

Hi all, How is Mtn looking.... I think its a great share ...just not sure when to get back in.. R105 ?? or now?? ...

[kwagga]

If you keep telling yourself it can't go any lower then your on the wrong track. Wait for clear confirmation before entering this market. It could go much, much lower. Remember to stick to you stop losses.

[SimonPB]

kwagga is correct. Sure MTN is well off the highs and cheap by many measures. BUT that does not mean it won't go lower. The issue is risk/reward. We're in high risk turf here, rather wait untilt he risk reduces, things may be more expensive but the risk/reward will be more in your favour.

[#4]

Thanks for all your advice on this forum Simon - we appreciate it!

[James15]

Thanks guys