RobbyP

Multi-Choice (but not really)- I bet you R100

Short
JSE:MCG   MULTICHOICE GROUP LTD
If this was a wall, the writing is on it. Very choppy trading and often rallying for no reason, the stock has steadily managed to break every kind of support level and indicator. Their earnings were "meh" and we can clearly see that sentiment on the stock has all but soured. I cannot see any reason to hold this stock, both technically or fundamentally, so we may as well short it to R100.00. You can short any bounce, In my opinion and simply wait for the rest of the drop.
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