AW1 0.00% 11.0¢ american west metals limited

Ann: Bonanza Copper Hits and New Discovery at Storm, page-222

  1. 10,467 Posts.
    lightbulb Created with Sketch. 1050
    Retracements, sell offs are part of every stocks journey, especially stocks that have seen significant share price appreciation. WA1 flew from 16 c to $3.02 then retraced to 98 c and now sits at $5.47.
    I am not comparing the resource or the fundamentals of the 2 companies - only the fact that even successful stocks have their moments of negative sentiment.
    aw1 has risen significantly and many holders had entered after the last cr or entered for a positive outcome post announcement naturally would have got jittery fingers and exited to preserve capital. The key is if you have conviction follow it closely and act on what you understand.
 
watchlist Created with Sketch. Add AW1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.