MWR 4.40% 9.5¢ mgm wireless limited

"Share Cafe and GT have pushed the MWR barrow a bit.  Not aware...

  1. 7,244 Posts.
    lightbulb Created with Sketch. 168
    "Share Cafe and GT have pushed the MWR barrow a bit.  Not aware of others."
    Me neither and the problem with that is that once most of us that are aware of the stock have bought, there's not much more buying other than smaller accumulation until another group of investors discover the story. I think if UK sales do well and the revenue picks up as we expect, then we should expect more awareness, hopefully other brokers recommending and therefore fresh buyers. I think a significant number of traders discovered the stock late last year, probably more because of the sp performance than the story itself and they pushed the momentum and sp to $5 quite rapidly. Once it stalled, many of them may have started selling and we still might be seeing some selling from these guys. Fresh buyers should clean out the traders more quickly. Positive new news might also do the trick.
 
watchlist Created with Sketch. Add MWR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.