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Online Share Trading

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why so down

Reply
Not applicable
Once again Imp goes down and Angloplats up. I know the rand is strong against the $, however it has changed somewhat in the last hour or so, but the platinum price is up. Are there some issues or concerns that are not on sens that anyone knows about?
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31 REPLIES 31
Not applicable
implats is gone, broke 17850c
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Not applicable
gc111 i see next major support round 155 level do you agree?
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jack12
Super Contributor
minor 157 major 146
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Not applicable
confirmed first break will be at 173, then yea around 160 (few supports there)
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barry_1
Super Contributor
I notice all the replies u get are from TEC traders,not everything can be rationalised in this way.Go to company profile and see when the next dividends are due etc. The reason one holds shares is supposed to be to receive an income,they recently payed thir Final dividends and now its going to be six months before the interim,That is why i now prefer Amplats as they are coming up to their Finals in March.So when the platinum price moves they respond quicker! Of course the increase in the plat price also has a bearing upon them,then Impala has most of their reserve in Zimbabwe etc.Do your own research.
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dijon
Occasional Contributor
Great reply Barry.
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jack12
Super Contributor
I suppose you go to a gynecologist to have a tooth pulled?
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DEP
Super Contributor
Imp will turn around soon, Rand weakness supportive. I'm buying...
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richardw
Super Contributor
Breaking R170.
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jack12
Super Contributor
yea I think there is more downside to come
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doomsdayza
Super Contributor
Hey Dep, you still long only?
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DEP
Super Contributor
yep, long on IMP and SOL
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Ninja
Super Contributor
Strong support at 164 at the 200 day MA. The Chaiken Osc is giving a positive div on the AD and the RSI and Stochastic way OS. My money is on this turning north before it reaches 164.
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Not applicable
broke, its coming down, but AMS sitting right on support..
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richardw
Super Contributor
Back to March price. IMPies, sharpen your assegais for one day it will rebound.
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sponono
Super Contributor
AMS: I smell 550.
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jack12
Super Contributor
The Wolf shows 560
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Not applicable
so where is barry now guys?
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barry_1
Super Contributor
Since 25/Jan/2009 Amplats is up 50% plus and Impala is up 30% plus....Today,now Impala is down around 5% and Amplsts around 2%....What is your point Great Caller?
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