Ah yes the dividend, I got my dates mixed up with that one; I notice it still fell more than the six cents paid.
Since you insist on researching me, I should point out that IIN was my biggest win of the ones you mention - I called that one right before the bad report and big fall and sold for a nice profit soon after. SKT I shorted at 5.75 and it's now 5.47 so also happy with that. LNG I still wish I could short it (weak chart and a big cap. raise likely) but sadly I can't. Yes JBH moved against me so I bailed for a 3% loss, it's a volatile stock.
But to get back to SWM, apart from it's textbook bearish chart and poor financials, the most important bear point is the poor future of TV (77% of SWM's biz). Investing now in the future of TV is like investing in newspapers, video stores, book stores or record stores a few years back. The future is mainly mobile, and it's happening VERY fast! But don't take my word for it, here's some fascinating Sunday reading:
http://fortune.com/2015/02/18/millennials-are-abandoning-their-tv-sets-faster-than-ever/
http://www.*.com.au/nielsen-q4-total-audience-data-2015-3
p.s. Netflix launches in Oz and NZ March 24 - expect huge publicity and more negativity towards stocks such as SWM and STK around that date (I'm betting on a steep dive, but we'll see soon enough.)
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $269.3M |
Open | High | Low | Value | Volume |
17.3¢ | 17.5¢ | 17.0¢ | $13.97K | 81.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 614838 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 203552 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 615689 | 0.170 |
10 | 1316969 | 0.165 |
11 | 395765 | 0.160 |
4 | 32400 | 0.155 |
20 | 162733 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 203594 | 12 |
0.180 | 1016155 | 17 |
0.185 | 402202 | 7 |
0.190 | 572602 | 3 |
0.195 | 62388 | 4 |
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