General Category > Shares

Hot Tip - BLU

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PlatinumWealth.co.za:
I won't touch them. :)

gcr:

--- Quote from: PlatinumWealth.co.za on October 25, 2018, 09:50:30 am ---I won't touch them. :)

--- End quote ---
Why??

Maurice:
I have some BLU shares not many and down 50% on them.
I will keep as a long term hold.
I listened to the podcast on Techcentral and the one Levy brother came across very well but he has to be bullish.
My uninformed guess is they are changing strategy at cellc from grabbing market by price to managing the margin to getting cellc to a profitable cash generating position. So at the moment I am still a holder.

Imran:
Any shorter term traders around?
After all the panic selling this week around the survival of Cell C... BLU finally seems to be bottoming out again.
Tested & bounced off key support, slight RSI divergence also evident.
Possible target --> 4.50 - 5.00
Stoploss --> 3.25
Any thoughts on this trade?

PlatinumWealth.co.za:
Glad I did not touch them.

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