$14.62 nearly a year ago (22. 2. 18), but closed that day significantly lower. If we get a double top, this would be an amazing entry point for shorters ;);
Printable View
As this article reports, China has a lot of more serious issues to confront and the 'Tariff Wars' are beginning to highlight some of these weaknesses.
Against this there will be a lot of pressure on the Chinese Govt by its own growing middle class to maintain the quality of life that it people are now used to.
As an insurance against over reliance on China I would like to see ATM strengthening ties in other Asian countries such as South Korea, Japan etc.
Might try to claim the $14 mark today on back of strong US markets.
I Wonder when Synlait will have their day. It is great to see ATM going up, but Synlait is heading nowhere as of yet
Quote:
Within striking distance of $14.00.
What are the shorters going to do?
Ouch!
Ouch!
Somebody will get hurt. Will it be the shorters? I guess it depends on their timing. If they have to fill these shorts now, than it won't be fun ... but if they have still time ... they say what goes up must come down!
ATM has currently quite amazing growth expectations priced in. We will see, whether their fast selling CEO is able to deliver ... but one thing is quite certain - as soon as she gets her hands at the next share parcel, shorters will have a fun time again!
Why would you think so?Quote:
I Wonder when Synlait will have their day. It is great to see ATM going up, but Synlait is heading nowhere as of yet
ATM is priced on hype and expectations of unlimited scalability of a marketing company.
Synlait however delivers "hardware". they need to build a new factory every time they want to increase their output. Much more difficult (well, expensive) to scale.