I am not advising to sell if you can hold and it doesn't bother you that the SP is dropping, it's for those who worry that they have their money tied up in a stock that is on the way down, so I am not saying sell an walk away, the trend is down and nothing in the next 2 months will change that, once the report is out then we could see a turnaround, and yes did sell over 60c as it struggled to hold ove 70c where I mentioned several of times that this is where we should get support but we didn't so down it goes, interest rates rising and world market dumping, just check the charts for SWM and you will see it pumped and then dumped, I would rather a steady rise and hold at every price point which will show that there is support, stocks allover are retreating to pre -covid levels and SWM could be one of thise stocks that go back down to 20c but I don't believe so based on how the company has progressed but between 30c and 40c is where I see a comfortable entry point but more like low 30,s.
SWM Price at posting:
41.5¢ Sentiment: None Disclosure: Held
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