ATM - A2 Milk Corporation Limited

[Baa_Baa]

agreed, it does seem unlikely. however, I try to go through what-if scenarios and try to figure out what their impact might be.. eg what if US markets took a big fall (like they can do in October..) and spooked markets here? what if some more bad news came out of China re: daigou? what if ATM exited an index for next re-balance and some of the passives had to reverse and sell..?

A reminder of how it can all go horribly wrong, starting with the CEO selling a bunch of shares, then failing to communicate with shareholders over market circumstances and then not meeting lofty sales targets.

Reflect on the unfolding parallels with ATM. And look at what it did to the share price.

[couta1]

That $9.50 gap is not too far away.
Fundamentals .... yeah right.

Anyone buying over the last six months has had their table wiped clean, it is a very ugly stock to own for all those people.

[couta1]

A reminder of how it can all go horribly wrong, starting with the CEO selling a bunch of shares, then failing to communicate with shareholders over market circumstances and then not meeting lofty sales targets.

Reflect on the unfolding parallels with ATM. And look at what it did to the share price.

True but after that the SP went back to an all time high of $23 even without Chinese registration like A2 has.

[Muppett]

Anyone buying over the last six months has had their table wiped clean, it is a very ugly stock to own for all those people.

Apparently now there so much buying opportunity, how can anybody not buy as we all have deep pockets.
After all there is a buyer for every seller, so some think these price falls are attractive buying opportunities, all-be-it on small volume.
See weed will be happy if it continues to go down.

[see weed]

If it doesn't go below 10.12c, then I would say we are in a very very very slow uptrend from here. last 5 months lows...24/5/18=9.99c, 2/8/18=10.12c...and today....10.15cps funny on both of those days the sp finished up 42c on 24/5/18 and up 11c on2/8/18.

[Baa_Baa]

True but after that the SP went back to an all time high of $23 even without Chinese registration like A2 has.

Indeed and where is the price now relative to the grossly over-valued over-bought all time high of $23? Anyway, didn't mean to go off topic, just drawing parallels. Pity JH didn't take note of the fallout from BAL's CEO selling, or fudging confidence in the market, let alone whether forecasts prove to be too optimistic.

[bull....]

wow look at the short sales on the 4th must been ubs?

https://www.shortman.com.au/stock?q=A2M

[Muppett]

If it doesn't go below 10.12c, then I would say we are in a very very very slow uptrend from here. last 5 months lows...24/5/18=9.99c, 2/8/18=10.12c...and today....10.15c

And if it does go below $10.12?

[bull....]

nz / aus all at critical levels now , if it breaks ..... timber gap fill time

[see weed]

And if it does go below $10.12?

Don't know. The directors and CEO better do something positive before the next AGM or we might vote them out of a job. I nominate Beagle for next CEO and Muppett, bull and Baa Baa as Directors. ps Better add couta and winner to those positions also.