Happy to sit on the sidelines.
Am still rather concerned myself on competitive issues.
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I've all my long term hold in tact, not parting any of those anytime soon (as they're all between $0.58c to $2 mark). Have couple of small trade parcels bought around $10 and $13 mark. Depending on how it behaves might book profit before 1H results are out in Feb 2020.
The shorters are in accummulative mode for the last 3 days, there are no reasons for the sp to bears IMO, there are huge demand for this stocks.
I reckon they are building for the next Bull trend up, small top up won't hurt for this stock but don't want to miss the train.
Just a flicker in next February it shall be woofff $18-21/share.
They are carving in any big blocks non stop. If they can buy 100K at $1576 ($15 AUS) non stop , I am sure my small shares at $1572 is alright. The VWAP is showing positive signs for a Bulls.
I think this is the new Revolution and is beginning as the investors start to have faith to invest in such a potential company with the new trustworthy tested CEO. THIS IS THE BOTTOM PRICE FOR A2MILK ATM.NZ
ditto , a2 has not got a competitive advantage , theres nothing special about a2 anyone can do it as witnessed by the large competitors now entering the space. its only a commodity
what it does have is a brand and jane is spending on it. can they out do the way bigger competitors in the long run who knows but spending on brand is there only defence
A lot of the stock market is hitting all time highs at the moment; A2 still as a few dollars before it gets into that territory. I’m more interested in how US is tracking with their marketing and what they end up doing with that pile of cash. It must be growing by a pallet a day.
I think with the extraordinary of A2Milk , the instos are thinking they may miss the boat therefor they are turning on their Accumulative Mode at the moment despite of the shorters. As you can see they shake and keeping on accumulate the stocks. The Instos are getting in early. SO HOW ABOUT YOU?