I have been a long-term shareholder and supporter of MWR and remain so. I hope many of you too still own MWR and despite the great gains enjoyed so far, this latest announcement shows it’s not the time to cash in yet.
As well as the French, the Victorian and NSW governments are banning mobile phone usage in schools. While the jury’s out on how effective the measures will be, two listed minnows are eyeing the opportunities.
MWR has already informed us of the next catalyst in their last announcement – UK expansion. It excites me to see who the UK retailers will be and what the surprise will be too! Stocks move from hype to lull, this is a lull to take advantage of.
At the start of every calendar year, everyone asks anyone what their best picks for the year are. Naturally, “best picks” usually refers to those ideas that will generate the biggest return but little if no attention is given to the volatility or the risk of that idea over the course of the year.
On Monday my favourite number one stock – MGM Wireless (MWR) – released two market announcements that continue to reward shareholders and hopefully many of the readers of this column, after I have repeatedly urged all to buy since early this year.