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MSM

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Super Contributor
Beloved little share, you have no idea how patiently I saved my cash and waited in the side line for the price to fall close to R114. I am long term buyer of this share. I do not care on the current economic cycle nor how bad this technicals look.... FINALLY MASSMART HAS COME HOME TO PRRRRRRRRRRRRREEEEEEEEEEESSSSSSSSSSSSTTTTTTTOON.
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35 REPLIES 35
sammi
Occasional Contributor
why the big drop in price of his share?
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Super Contributor
Walmart(parent company) released very poor result.
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Super Contributor
Always keep an eye on SENS
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Super Contributor
Double Whammy (Walmart poor financials and MSM poor trading statement) equate to an over-reaction. All those nervous holders are passing the baton onto new buyers.....
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sammi
Occasional Contributor
thanks , ok so panic selling is driving this price down. Yup good time to pick up some I guess.I also waited for this to drop and had given up watching it, thanks for the heads up.:)
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Super Contributor
Buy the equity and not Cfd's.
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Highlighted
Regular Contributor
CFD looks tempting
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Super Contributor
may i ask why?
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Super Contributor
1).Because the odds does not favour traders with the current market setup. 2). Not sure how far the price will be pushed down if support of R113 does not hold. 3). Buying the equity offer you time for all this short time noise to remove itself from the system.
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Super Contributor
No for Cfd's, yes for the equity.
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Super Contributor
makes a lot of sense. thanks.
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Super Contributor
Are you guys for real on this thread?
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Super Contributor
@Ram, err, I am. So did Ram buy Bil at R220?
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Super Contributor
Ja Russ, my thoughts exactly. We're in a rising interest rate environment with massive economic systemic risk starring us right in the eye. I wouldn't be a buyer of anything right now.
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Super Contributor
Kwagga, why are you focusing on the short term noise for a long term investment? Do you remember how our dear friends called WHL a R50 share, these day the pied piper has changed its tune!!
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Super Contributor
why buy now when you can get it cheaper?
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Super Contributor
@Rams, Did you buy BIL at R220?
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Super Contributor
@Rams, Did you buy BIL at R220?
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Super Contributor
Ugly looking chart. First support R110, second R93. This is no Woolies. http://chartupload.com/viewer.php?file=59026317880278608516.jpg
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