Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Online Share Trading

Engage and learn about markets and trading online

Would like forums opinion on how much downside

Reply
manicks
Regular Contributor
can we see in this share in the near term. Do you think the bad news already priced in at these levels. How much of a drop could we expect perhaps the 80 level?
0 Kudos
3 REPLIES 3
Kosie
New Contributor
It seems that it has been already prices in cause the stock still climbs, or maybe the climb is due to all the people shorting the stock.
0 Kudos
Galuc
Super Contributor
Steel price is being increased nearly on a monthly basis again, so the demand has picked up, even if the local market is lagging. I believe the share will run.
0 Kudos
Kosie
New Contributor
True, maybe shorting is a bad idea. Cause if it is going to run like it does today it will be very painfull.
0 Kudos