Mawson West Ltd Ord MWSWF

RE:RE:I have to laugh

[DJamesinvestments]

zibo wrote: Maybe you can explain to me why this has gone from .06 to .03, all the trading this week is seller's dumping into the bid,  very few trades at the ask, and there have been some fair size blocks traded when the bid got taken out and this got taken down to a lower range. Something doesn't seem right to me.

IMO look out below if this starts trading below .03, the holders that got in below this level will want to bail as they're the only holder's still not underwater and I would think don't want to be.

Considering the major shareholder is in at 12 cents, and recently in at 12 cents I doubt they are selling, they are also in for millions not 50k here or there. I suggest if you think it's going to go down forget to sell. Personally I sold done of my position at 5 and some at 4.5 and will use that to buy back in at 2.5 or 3. I was first in at 1.5 and 2 as were many others for millions of shares during tax loss selling. Those are probably doing the same as myself. Stocks like this are not for the faint of heart, however is way undervalued at these levels. Delisting is a possibilities but that doesn't devalue the stock, it's probably more suited on the venture anyway. There are many worse companies in the venture with much lower valuations, not even in production that cost more. Anyway, tone will tell, I'm now down to a quarter poition, we'll up and plan on buying back in. So, so far I'm not one to complain, and if your in at 4 cents or even 6 cents I guess you'd be worried. I'll be back when there's news!