GSW 0.00% 29.0¢ getswift limited

Seriously, that's what you call a disaster? Many stocks drop 25%...

  1. 66 Posts.
    Seriously, that's what you call a disaster? Many stocks drop 25% on no news and doesn't mean it's a disaster. KGN dropped ~25% this year from ~$2.70 to ~$2.10 and that wasn't too long after good news - very similar to GSW. If you bought KGN at $2.10 you would've more than doubled your money by now - a few short months later.

    I personally bought more at $2.22 today and put a stop loss in at $2.30 just for the time being as I'll be away for work for the next two days and without access to my phone. If my stop loss gets triggered then I'm still making money so it's a win for me either way.

    GSW is notoriously manipulated, I remember everyone freaking out when it crashed to $1.70 not too long ago either - that was another 25% drop? From that drop it almost doubled in price too. It went from a high of like $2.20 then dropped to $1.70 and climbed to $3 shortly after. I think if it sits at $2.50 for a while until we get more news then that's a healthy price range to be sitting at.
 
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Currently unlisted public company.

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