lol there 6 now if they pump a few more in by the end of the day it will cover the whole website lol funniest thing ive seen for ages .... wonder whos paying for this
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There's no brain washing at all. I think you post really well on shares.
Trump and Brexit spring to mind?
Yep the Herald love to jump on a story and flog it to death. However it does not necessarily mean that the story is not true and does not have the backing of peer-reviewed science. Good well-researched articles sometimes get lost amongst the noise!
Unfortunately some stories backed by unsubstantiated and/or fake science are often given blanket coverage by some media. So we have manipulated or co-operating media giving oxygen to these stories that take hold with gullible or disillusioned people.
Any views on the price dip in the last few days? Out of favour with China fear, just a correction, or do some people have knowledge of the result? (Synlait have stayed static)
In my view they are either trading in a channel between roughly $9 and $14 (and just bounced back from the top) - or alternatively you could see their latest peak as forming a double top with their heights in March 2018 (which would be a more bearish signal).
Lets face it - the price for this company is based on either hype or an for an agricultural company unheard of huge continuous and sustainable growth. Market probably just coming back to its senses. Nothing to see here.
Clear to see the 2 million shares in those 4 off market cross trades @ A$13.00 was the rocket fuel needed to drop the price so their short positions could be closed. Fridays 6 millions tree shake from aggressive manipulative bot/ algorithm trading dropped the SP 3 times faster then it took to rise.
Dow was up 444 points Friday as sentiment was boosted by news of progress with US-China trade dispute and talks will continue next week in Washington to achieve a deal before 1st March. Looks positive for Mondays open in both NZ & Aus.
On another matter the Chinese Ministry of Foreign Affairs denies reports regarding Chinese government warning Chinese citizens to not go to NZ
ATM result will be excellent come 20th
Very interesting article about a general stock investment I want to share.
https://www.bloomberg.com/news/artic...d=premium-asia
So Nestle is an agricultural company too? Probably the same sort of thinking which has cursed NZ & Fonterra to be a commodity player - while the likes of Nestle cream it in the markets.
Meanwhile, notice 5m shorted shares covered in the last month even as the sp spiked ever higher?
Sell low, buy high!
I know who I prefer to follow!
Blackpeter ATM’s share price is a direct result of its very high, long term sustainable growth. It is not an agriculutural company and has more in common with other strongly branded FMCG like coca cola, pepsi or kelloggs, albeit much healthier than it does with a typical farm or milk processer like fonterra, economics wise