SWM 0.00% 17.5¢ seven west media limited

This is looking like a textbook head and shoulders pattern. To...

  1. 1,444 Posts.
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    This is looking like a textbook head and shoulders pattern. To me 50c will be hit in the next couple of months.

    It's sad to see a good company from the west with all its rich history to now be in such a predicament due to disruption alone.

    The Stokes, Packer and Murdoch families have all been rogered by the disruption. So have many mum and dad legacy holders.

    It's a shame they can't monetise journalism as they used to in the good old days. The real losers are ultimately the population and potentially democracy as the quality runs thin.
 
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