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19-02-2019, 08:34 PM
#12371
Originally Posted by Balance
Haha - there will be a few ATM holders ****ting themselves now as we head towards results day.
Someone shat in his/her pants at 12.01 pm today?
Yeah, maybe the ones who are still holding their buys at or above $13.57 (and now the buyers above $12.87 close today) when the SP tried to double top (closing price basis) and turned away on aggressive (manipulated?) selling.
Whatever tomorrows results are, ATM is a keeper. I find it more comforting to ignore the day to day share price and back out to a weekly chart and marvel at the real and imbued success of this company.
China isn't going away anytime soon, Aus going great, US with enormous marketing and promise, supply side ramping up. Best just to avoid the day to day noise imho.
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19-02-2019, 08:34 PM
#12372
companies in aus are getting absolutly smashed if they do not meet markets expectations , cant believe even some good results still get smashed down 5 - 15%
one step ahead of the herd
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19-02-2019, 08:59 PM
#12373
Originally Posted by hardt
Hype is a scary drug.
If they mention a single negative theme or idea and miss forecasts the market will eat up -10% in a jiffy.
20-30% drop in a single day is possible with this one.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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19-02-2019, 09:02 PM
#12374
yea see blackmores today , pretty freaky dropped 40% on the open just by saying things looked softer in china going forward
one step ahead of the herd
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19-02-2019, 09:06 PM
#12375
I'm still holding. and looking forward to seeing what they are going to do with the truck load or two of cash they have. I'm not concerned about any dip as I am stll way ahed and intend holding long term. You get used to teh manic ups and downs. As long as the overall trend is up, I'll be happy.
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19-02-2019, 09:21 PM
#12376
Originally Posted by Beagle
20-30% drop in a single day is possible with this one.
Anything is possible. But probable, maybe less so? When you're on the sidelines nursing ones FOMO, without skin in this game, or a long term outlook, it's easy to summon up daily spooky sentiment with any volatile stock, which on face value just looks like an outsider wondering whether to be an insider looking for subtle clues when really it's just a smack in the face buy and long term hold. If one took your supposition at face value, then the low close at $9.04 was screaming buy.
Proven growth companies are like that, they run away very quickly from from rational investment thought and like XRO, one day you wonder why you spent so much time criticising it at under a $1, then again under $10, then somehow it's a few thousand % gains and still unfathomable from an FA perspective. Growth. It's hard to reconcile on a rational basis. Better just to be aboard the train than miss the next station, or the one after that, or or or.
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19-02-2019, 09:31 PM
#12377
Originally Posted by Baa_Baa
Anything is possible. But probable, maybe less so? When you're on the sidelines nursing ones FOMO, without skin in this game, or a long term outlook, it's easy to summon up daily spooky sentiment with any volatile stock, which on face value just looks like an outsider wondering whether to be an insider looking for subtle clues when really it's just a smack in the face buy and long term hold. If one took your supposition at face value, then the low close at $9.04 was screaming buy.
Proven growth companies are like that, they run away very quickly from from rational investment thought and like XRO, one day you wonder why you spent so much time criticising it at under a $1, then again under $10, then somehow it's a few thousand % gains and still unfathomable from an FA perspective. Growth. It's hard to reconcile on a rational basis. Better just to be aboard the train than miss the next station, or the one after that, or or or.
Well Said .........
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19-02-2019, 09:37 PM
#12378
Originally Posted by Baa_Baa
Anything is possible. But probable, maybe less so? When you're on the sidelines nursing ones FOMO, without skin in this game, or a long term outlook, it's easy to summon up daily spooky sentiment with any volatile stock, which on face value just looks like an outsider wondering whether to be an insider looking for subtle clues when really it's just a smack in the face buy and long term hold. If one took your supposition at face value, then the low close at $9.04 was screaming buy.
Proven growth companies are like that, they run away very quickly from from rational investment thought and like XRO, one day you wonder why you spent so much time criticising it at under a $1, then again under $10, then somehow it's a few thousand % gains and still unfathomable from an FA perspective. Growth. It's hard to reconcile on a rational basis. Better just to be aboard the train than miss the next station, or the one after that, or or or.
A very astute post there Baa Baa, doesn't matter which way the SP goes tomorrow because long term there's only one way its going and the potential is massive, trade the stock or hold it long and you'll make money. PS-This stock has been my best performer hands down and that's with only making a fraction of what I could have. PPS- XRO was just as successful for many.
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19-02-2019, 09:40 PM
#12379
Originally Posted by Baa_Baa
Anything is possible. But probable, maybe less so? When you're on the sidelines nursing ones FOMO, without skin in this game, or a long term outlook, it's easy to summon up daily spooky sentiment with any volatile stock, which on face value just looks like an outsider wondering whether to be an insider looking for subtle clues when really it's just a smack in the face buy and long term hold. If one took your supposition at face value, then the low close at $9.04 was screaming buy.
Proven growth companies are like that, they run away very quickly from from rational investment thought and like XRO, one day you wonder why you spent so much time criticising it at under a $1, then again under $10, then somehow it's a few thousand % gains and still unfathomable from an FA perspective. Growth. It's hard to reconcile on a rational basis. Better just to be aboard the train than miss the next station, or the one after that, or or or.
The question is what is a reasonable forward PE for a company such as this. We'll know a lot more tomorrow.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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19-02-2019, 09:46 PM
#12380
With so much cash reserves in the kitty..more money splashing towards SML?
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