Mawson West Ltd Ord MWSWF

RE:RE:RE:RE:Don't panic!

[CQCmaster]

DJamesinvestments wrote:

ABCD123 wrote: We are right back to where we were at the beginning of last week. Now there is a big ask stacking up on 4.5 and we will likely be back to 4 cents by the end of the day.

My bid is in at 3 and 3.5. Something tells me my prediction will be more accurate than the 7.5 goofprice is posting about 24/7.

I agree, I released a quarter position just encase it does go back to 3, 3.5, which with this very low volume might. At the end of the day is a decent stock, but we're still as month or more away from any catalyst. Then again I've been wrong before 😉

I think a strong support has been established at 4 cents. If it ever goes down to 3.5 or even 3, it would mean that a large entity either knows that good news is about to be posted or perfect timing... in other words, they would steal shares from the people who have their stoploss at that price range, then good news would hit the market and stock would spike upwards. I've seen it happen before many times. That's how institutions make their 100% and some gains in penny stock market