Mate,
Firstly, we all antipicate a drop in WMT.
Why?
1) SHorting
2) Graph
3) People selling their existing holdings now that that they know how much thy are getting thru the SPP.
4) Fear for the judgement day when all then new shares get issued and there will b some days of selling.
This drop is happening/or perhaps is just finishing.
IMHO (call me a ramper if you wish) currently is a nice time to accumulate. I have done so with my own money this morn.
I also do not enjoy the constant up/down rampings! I've posted negative and positive on stocks I won based on my interpretations.
Was my .375 purchase this morn the best? Obviously not, I could have got 37c. But that is hindsight!
What matters to me is where do I believe the stock is going in 2,4 weeks even 1 year.
Now you predict 30c, yet you hold the stock, certainly a drop of over 20% would make you sell? I don't think it will get there. But if it does lunch and coffee is on me.
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western metals limited
just about buying time again, page-14
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