UBS
and also as dreamcatcher said GS has upgraded their target to A$17.40
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Looking at a2m depth at the moment in Aus looks like it might go up a few cents, but who knows? Somebody knows. Come on midday.
As we hopefully head to new highs soon, I had some fun looking back on the early posts on this thread, here's some gems;
Hoop post #274 11/4/13 "sold last week at 56c (6% profit)....reason; lowering the overall risk of my NZX portfolio..."
Snow Leopard (AKA Paper Tiger) post #302 24/04/13 "Lapping up the milk....time to buy."
Snoopy post #390 29/06/13 "at 60c I would consider A2 grossly overpriced.....I won't be paying anymore than 20c for my A2 shares."
Moosie 900 (Moosie's posts have been deleted, but this one appears quoted in another post) "sold out today $4.65 after the market refused to continue the uptrend...thanks traders for the 7%."
As they say...."if we don't learn from history we are doomed to repeat it."
When do you think the shorters will start covering again? This sort of news would not suit them at all..
Looks like Oz on fire.....up 4.5% already
Edit, make that 4.7%
My first 10-bagger turns out to become a 30-bagger and hopefully well beyond.
Back to my old Johnny favourite:
https://www.youtube.com/watch?v=It7107ELQvY
:t_up:
Has there been updated shipping data ex Lyttelton lately
Strong correlation between that and A2 sales growth
UBS and GS have been making a killing on all counts.
While holding a huge chunk of A2 they pump a ton of shorts into clients hands, hype the stock and sell down their holding to clients who cover...
Then do the opposite on the way down when news is quiet.
Bladdy brilliant
A "breaking " financial news story on the Herald website. The word "breaking" is not meaning what it used to.
https://www.nzherald.co.nz/business/...ectid=12248401