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Bullboard - Stock Discussion Forum Mawson West Ltd Ord MWSWF

"Mawson West Ltd is an Australian-based copper producer, developer and explorer. It is engaged in the production of copper and silver concentrate production, mineral exploration and development in the Democratic Republic of the Congo."

GREY:MWSWF - Post Discussion

Mawson West Ltd Ord > As of this minute copper is below $2.50
View:
Post by samsons on Jan 23, 2015 10:26am

As of this minute copper is below $2.50

How low will it go? Copper and this stock seem to be racing each other down.
Comment by michelleb33 on Jan 23, 2015 10:34am
don't see 98 k traded as being a weak trading start. Be patient. You will get your bid at 2 cents
Comment by michelleb33 on Jan 23, 2015 10:40am
hahaha .hey look guys. I rated my own post like Sampson did
Comment by samsons on Jan 23, 2015 11:01am
The 98k sold into the bid at 2c hence a weak start. It doesn't matter what the asks are if they don't get touched. I admit I'm considering buying my position back but considering between .5c and 1c, maybe 1.25c if copper shows some life in the next month. The shareholders meeting isn't for a month, there is no point buying at 2 when its obviously going lower before it goes up. That ...more  
Comment by michelleb33 on Jan 23, 2015 11:14am
I'm not one to take a loss and go back to the same stock and buy lower. Done that. Doesn't work out.
Comment by samsons on Jan 23, 2015 11:24am
Say I bought 1000 at 5c, sold at 3.5c then bought back today at 2c, MWE then goes bankrupt tomorrow... I still loss less money then if I never sold the position and just let it tank from 5c.
Comment by michelleb33 on Jan 23, 2015 11:29am
ok I'll sell today at 2 and wait till half cent to buy. Get going.
Comment by samsons on Jan 23, 2015 11:32am
Selling at 2c wouldn't make sense for you. You missed the boat. Someone who bought in around 2.5c-3.5c might consider it.