Is this LEV20 with a new account? 1 post. Stay the course, yeah...

Is this LEV20 with a new account?
1 post.
Stay the course, yeah I've stayed the course for almost 3 years and the last three weeks have made me wish I hadn't.
We have lost almost every percent of gain in a 12month span, including the largest MA in the media sector and something SWM have been trying to do since 2019. So pretty much the market doesn't give two craps about our merger, or the synergies, cash flow, reach etc. Its worthless... And again, if these idiots go on a spending spree and buy more companies this stock should go back to 6 cents.

The market has said it doesn't give a shit about our M&A with prime, literally. I expected a sell down to the 55 cent and having 50 hold. I never in the world saw this dumping to 40 cents.

Also to add to klogg, I do agree that there are better investments elsewhere and I thank god I sold some in the 60s last year to take advantage of the EV space, but who in their right mind sells into a knife when the business and fundamentals are still sound? Who with any trading knowledge sells at the very bottom when our RSI and every other indicator is screaming the most OVERSOLD SWM has almost ever been...
Most people selling right now would also be selling at a loss including all the funds. I don't believe one second that this has anything to do with small ass rate rises. I have friends in sales of SWM and sales have never been stronger. Morale is high, everything is awesome especially after the election where they made massive cash. Just for an example, Clive Palmer who didn't gain any seats spent over 20 million just at SEVEN. That's just one person. Not to mention whatever the greens, labor or liberal spent.
The only thing that could possibly hurt SWM is losing free to air sport, thats literally it.
I read somewhere that paramount might try and steal it from SWM, however if this federal government really care about australian sport they will do all they can to keep it with australian companies, not whore it out to that US dumpster fire (aka channel 10).