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Online Share Trading

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LHC, NTC, MDC

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sponono
Super Contributor
they really cant rid themselves of the healthcare providers. My LHC is close to triggering a stop loss. Pheww
4 REPLIES 4
Oom_Boom
Frequent Contributor
Hi, did I miss something with the healthcare providers? WHy the drop? I see MDC dropped 6% in one day.
Cedric_1
Contributor
nobody seems to have an answer to the drop, or at least they are not saying. Normally i would have sold MDC by now but it is my momentum portfolio, I'm 14% down and wondering how much longer i let it go. Technicals still look good but it is below Galuc's 110 so i guess he is off to Perth.
sponono
Super Contributor
The market does not seem to like MDC's earnings. When the trading update came out you saw heavy volumes and a gap down. The last two days have also shown heavy volumes plus 10% lower.
Not applicable
Apparently it's due to the earnings growth slowdown ~ acc. sharenet