MYR 4.09% 82.0¢ myer holdings limited

thanks for the vote of confidence, bernie, page-17

  1. 891 Posts.
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    Be careful shorting MYR at the moment. A possible rate cut and Xmas coming... a very oversold and heavily shorted stock, all the ingredients for a shorting disaster.

    I know it's been a dog for a while, but the market tends to overshoot both ways and it's already had its overshoot on the downside. You may do well, but I'd be very careful if I were you.
 
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