ATM - A2 Milk Corporation Limited

[couta1]

"might buy it when it gets valued reasonably..." what do you mean, the market settles at a price you are in agreeance with?
" company prospects change materially" .... what do you mean? Are the prospects not good?

bull wouldn't have a clue what is reasonable value for the stock, one thing I know is that a few years from now the current price will look so cheap you will think it couldn't have been.Lol. PS-Its not smart money that is selling currently.

[couta1]

That’s good ...isn’t it

Moosie was always into hammers

bull could always join Moosie over on the other forum and they could go hammer and tong all day long.

[winner69]

That Jayne going to end up with zillions of shares in due course

http://nzx-prod-s7fsd7f98s.s3-websit...947/282910.pdf

[winner69]

Bollie bands tightening

Usually good isn’t it?

[Beagle]

bull wouldn't have a clue what is reasonable value for the stock, one thing I know is that a few years from now the current price will look so cheap you will think it couldn't have been.Lol. PS-Its not smart money that is selling currently.

I'm looking forward to the next day the shorters get torched with a flamethrower, its coming soon...just a tail wag or two away...I feel it in my bones

[bull....]

good day today for shorters might buy me some real milk tonight - anchor milk

[couta1]

I'm looking forward to the next day the shorters get torched with a flamethrower, its coming soon...just a tail wag or two away...I feel it in my bones

As a skier I have as much respect for shorters as I do for snowboarders, you can probably guess how much that is.

[Joshuatree]

Not looking strong chartwise atm and recent shorting below fwiw. The last column the one to look at.

Date	Gross shorts 1	Issued capital	% Capital shorted 2	Trade volume 3	Shorts as % of volume 4
Mon 16th Jul, 2018	453,486	730,039,067	0.06%	3,201,906	14.16%
Fri 13th Jul, 2018	800,516	730,039,067	0.11%	4,570,976	17.51%
Thu 12th Jul, 2018	1,143,772	730,039,067	0.15%	5,386,751	21.23%
Wed 11th Jul, 2018	1,327,039	730,039,067	0.18%	5,151,242	25.76%
Tue 10th Jul, 2018	564,873	730,039,067	0.07%	2,860,810	19.75%
Mon 9th Jul, 2018	321,467	730,039,067	0.04%	2,020,420	15.91%

[visionary]

Not looking strong chartwise atm and recent shorting below fwiw. The last column the one to look at.

Hope you don't mind me removing the chart, it was helpful to review.

So, it appears the weight of shorters' has decreased over the past 7 days (minus today).
This overlayed with the price action would indicate a fall purchase demand at market price, and the apatite for the market to see the price fall.
I would assume this is related to the PE ratio being high, and "flavour of the month" being to identify and actively avoid companies with high PE ratios such as ATM/A2M.

Looking at the chart, the next realistic resistance is around the NZ$10.21 mark.

Going on talk of the effects of the international trade war which is heating up, we are looking at a 10-15% drop in share prices which have not been factored into markets. One would expect those reliant on targeted export markets (China, USA, Germany, Turkey) will have real falls which surpass locally targeted products and services. I am starting to think we are looking at a NZ$8.60 bottom on this movement, which is a short to mid-term motion. I still think I am crazy, but this is what my gut tells me when I look at the chart, and the company numbers with a new company leader and going into untested waters both as a company, and as a global marketplace - even if her last name is Herdlicker.

Is anyone else thinking the same as me? I still hold and am feeling very uncomfortable.

[bull....]

herdlicker? easier to pronounce i guess