chook, i think to say ‘this is an environment where you sell half…’ just makes you a lemming and the typical retail investor duped out of a stock at exactly the time it represents best value. Sure, sell a bit on that basis when it is in favour. The time to take that approach was any time after it rose through 60c and up to 80c. Not now. Because i assume you were a holder at 60c plus because you thought it good value still at that price with decent upside potential. If you thought that then why on earth would you advise selling it at 41c. As a holder you must think there is way more upside than downside, so why would you risk losing out on large upside for a small saving to the downside.
SWM Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held
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