Sellers at reasonable volume at 52 cents now. Will be very interesting to see how this one plays out.
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Sellers at reasonable volume at 52 cents now. Will be very interesting to see how this one plays out.
......just gonna keep driftng south I think till some good news is released. I bailed at 53 and pleased I did (for now).
I'm gonna sit tight for now as I don't reckon it will get below 50 cents. I don't imagine a price increase will occur until the half year update however. Patience should hopefully pay off in the end.
Support at 50c. I wouldn't want to be holding if that level is breached. Could quickly drop to previous support of 45c. Share price is not supported by dividend or low pe either.
Looks to be holding at 52 today... just. Any TA guys seeing any strong signals?
Hi Johnny see my post#225 on 18th Jan 2013....nothing much has changed since then...ATM still in rigor mortis...patience!!!
minor changes has seen a slightly more Technical weakness the 52c buyers from last week have been satisfied and some unsatisfied sellers have dropped their price down a notch ....compare the 9.00am depth table below with the one I posted last week,,there seems to be the same amount of buyers v sellers....so not much happening....
The scenario..... A group of travellers coming across the ATM body in the desert...It's big strange unfamiliar animal... is it dangerous?.. is it still alive? or is it just pretending and has you in its sights as a prey...It kinda looks like it may need rescuing??...The temption is to kick it and see if it moves..however the threat that it could all of a sudden spring up and maul you puts you off,,,so you wait,,and wait..and wait..the temption to kick it builds...We've waited 3 weeks now and the temptation is near overwhelming...some one's is going to yield and kick it.....real soon methinks.
Whats going to happen?? spring up and maul you or a friendly lick of thanks for saving me and turns into mans best friend...hmmmm
http://i458.photobucket.com/albums/q...ps3969e3d7.png
http://www.stuff.co.nz/business/indu...-safe-to-drink
Could this help ATM's push into the Asian markets. After the Melamine incident a new "healthy" alternative to Fonterra's products could be the answer.
Doesn't the toxicity come from the ground ....through the grass to the milk. It's a fertiliser additive
Where do ATM graze?
I don't know that ATM can trademark anything but the brand they sell that milk under,if the brand they use is A2 then maybe they will have problems.It is a genetic type,so don't know how they could stop competitors from calling their milk A2.
You amaze me Sparky with your research, The trademark I think refers to the actual design (graphic) as a brand and MAYBE not as the use of the letters A2 in itself,but the genetic testing,well I guess that is a whole different ball game,I would not have thought you could patent that,interesting,a company to watch I think.
.....yea well done Sparky however I cant see Mr Market liking this latest news re : Contaminated milk. As we all know, He (Mr Market) doesnt do a lot of research.....just reacts. Herd of sheep??
.....PUTTING IT LIKE THAT SPARKY, I ALMOST WANNA MOVE TO AUCKLAND .....NOT!!! (10mins to the surf and fishing grounds here in Beautiful Tauranga)
What Rubbish!!
By the way.... Mr Market hasn't reacted at all to that newsbreak last Friday It seems Mr Market has so far assumed this news is media mischief .....still at 52c (no change) as I type.
Technically it seems the flat line is turning into a short term decline (bollinger bands) this weakness commenced last Monday (21st) well before the media newsbreak ...so this small decline is not the result of the news.
ATM should be watched as it is throwing up caution and more sellers are appearing...ATM is trading at this moment within its 50 -55 trading range formation...With technical weakness I expect it to test its bottom range of 50c.
flocked if I know, but various participants have done a good job with market assurance and putting forward the scienceQuote:
Herd of sheep??
Has hit 50 cents (albeit on only 1000 shares). I'm sure all holders are watching cautiously to see which way she will swing from here.
[QUOTE=Hoop;391550]What Rubbish!!
.........so you havnt "heard of sheep" HOOPY.........they control the share markets around the world.......sometimes referred to as TRADERS??..........I KNOW THIS 'COS SOMETIMES I BECOME SHEEP MYSELF!
51c and plummetting as I write.......better keep a sharp eye on those intersecting lines mate (technically speaking).......think of them as fences to a sheep pen! LOL