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clock Created with Sketch. 19/10/20
12:36
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Originally posted by Copperaccount:
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The fall in SP isn't surprising to me. For a short term / pattern trader there's two logical approaches on DW8 right now:absence of any news over the next week I would not be surprised if the SP comes off the boil. Probably in the range of 4.5-5.5c until Oct results. Good entry point opportunity if you suspect October results will be very good (quite possible given on-boarding of 3 new BD's will come to fruition).
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Here's wishing the short-termers the best of luck. Most of them are going to be worse off and a few will naturally stumble onto good results. For me, though, this is such an easy long-term bet to make. As it stands (and I have no reason to expect any change here for the foreseeable future), the company is operating on great ideas under great management in a great industry considering the market. Set and forget into the options or trade mid-term for B2B results IMO.
(20min delay)