This shake out of the tree doesn't worry me one bit... I could have easily sold out with a 500+% profit on my investment with the share price in the high 70's but not crying that Iit's at current levels.
What I do see is that the share price is been manipulated by the instos and those 'in the know' buying share on the cheap with the company doing well, exceeding forecasts which usually points to a couple of things. First is that an announcement could come out of left field unexpectedly which will push the price to the 90c+ region catching those that sold out with their pants down while the instos lap up the profits... Second and even more probable is Corporate action, M & A Activity, I really think this is a big probability well before June this year...
SWM Price at posting:
69.0¢ Sentiment: Buy Disclosure: Held
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