I don't see any panic I see shorters on hot copper trying to...

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U3962521

761 Posts.

64

04/02/18

09:09

Post #: 30801706
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Originally posted by Mitrax ↑

I'm new to this scenario and am trying to get my head around how this works.

The alternatives as I see them are:

- Everyone decides GSW is dead in the water , sell orders go in, no-one buys, everyone is left holding.
- Everyone decides to hold, ride it out , and business fundamentals determine future price.
- Many people decide to get out , but many see opportunity and business fundamentals determine future price.
- People partake in a class action , lawyers get paid , holders win a few cents per share, and GSW goes the way of the dodo. Last time I checked you couldn't get blood out of a stone.

With the panic I see at the moment I can only see lawyers, consultants and people with short positions making money out of this situation.

My current personal opinion is that everyone who does not have an agenda which involves making money off the demise of an Australian business startup should just sit tight.

If people could provide explanations regarding the upside of a mass dump or a class action I am sincerely interested in hearing them.

As I say this is all just my understanding / opinion and is not intended as advice because I may well have it all wrong.

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I don't see any panic
I see shorters on hot copper trying to create panic by exaggerating
And I see the AFR focusing on a few specific details being fed by fund managers who have millions of dollars to gain if the share price drops

I see consumer confidence in gsw management hurt... a lot... but the majority of this has been created or manufactured by AFR articles.

Last edited by U3962521: 04/02/18

GSW Price at posting: $2.92 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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I don't see any panic I see shorters on hot copper trying to...

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