I totally agree with you Lev20, but the trend is you friend and it all comes down to balls and money and alot of it to change the trend so whilst they keep selling it down then the SP will keep falling, Cash is King remember! I watched the SP rise just for it to fall back double what it rose by, and it works in the shorters favour when the overall market is in the red, Like I mentioned before, in this environment you sell half and hope to be able the pick a bottom and buy back what you have sold and plus some, and yes SWM is where you want to be if you want to be invested in media stocks, rising interest rates are good for all the free to air media expecialy SWM as viewer's wil leave pay tv ie Netflix,Amazon,Foxtel etc, That's my view and I don't even hold any media stock's at the moment so let those blood sucking shorters to do their thing. .
SWM Price at posting:
41.0¢ Sentiment: None Disclosure: Held
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