SWM 0.00% 17.5¢ seven west media limited

Skin In The Game, page-2

  1. 10,941 Posts.
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    Its looking more crap than I imagined - the fall over the past month has been intense but not being shorted.. must be a shareholder that hold 2-3% and had enough and taking a hit. I'm in it for the next 2-3 months as its my usual time frame in these plays and accumulate these dips. I am okay with the company SVW hold 41% of shares on issue and the stokes are on the board of the company. They will eventually take it over when there are signs the company has a growing revenue profile. Not an easy one to stomach at the moment but need to keep it in perspective as its not a growth stock. Its an undervalued and oversold play with an improving balance sheet that can get worse but will eventually turn around need to give it more than few weeks and make sure you have some powder dry to buy these dips.
 
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