Last March when Covid was crashing the market, our CEO was forced to sell down stock to meet a margin call. A move that I believe has been the main reason MWR/SPA's SP has not recovered along with other stocks and markets in general.
I too was subjected to a margin call early March. I had the choice of selling MWR and smashing the share price down or selling one other stock. With that choice I decided to stick with MWR as I have been in long enough to see a penny dreadful specie gold miner transmogrified into Dick Tracey's watchmaker. Whereas the other stock I had only held for a few of years and it was starting to look like a directors life style company.
Now for the sad bit.....
....... The stock I sold hit new highs today, some 7 bags on what I sold in March. This equates to many hundreds of thousands of dollars difference in my current portfolio value, a life changing number for me!
Moral of this story is one of the oldest adages out there. "Don't become emotionally evolved with a stock"
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1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.949M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 208171 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 269 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 208171 | 0.018 |
3 | 556407 | 0.017 |
4 | 543696 | 0.016 |
2 | 200000 | 0.015 |
3 | 335780 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 269 | 1 |
0.020 | 166080 | 3 |
0.021 | 201579 | 1 |
0.022 | 609361 | 3 |
0.023 | 550000 | 2 |
Last trade - 10.09am 11/07/2024 (20 minute delay) ? |
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