Editor’s Note
This commentary captures the extreme volatility of a particular JSE-listed stock, highlighting its dramatic intraday swings and the speculative, short-term nature of current trading. It serves as a vivid reminder of the high-risk environment surrounding such aggressively moving shares.
Market Commentary
For those who bought at under R20 and sold at over R80, well done. This is the most radically moving stock daily on the JSE. It can start the day either up or down; by lunchtime, it has either stolen or provided someone’s lunch; and by the close of day, it has either improved your dinner or spoiled the next day’s breakfast. There are huge daily volumes, but no one is willing to commit short or long.
