ATM - A2 Milk Corporation Limited

[BlackPeter]

I lucky enough sold at $2.80... will wait till $2.30 to position myself again!

I assume you are in for a long wait ?

[777]

I assume you are in for a long wait ?

Or a share split. 4 for 1 at $9.20.

[couta1]

Always a real pleasure chatting with you mate and yes I was listening as you can see, many thanks

Fasten your seat belt on this one mate, she's more volatile than a molatov cocktail, you'll be right being an Air shareholder though, plenty of practise aye. PS-Hit $2.32 AU a minute ago to highlight the fact.

[Baa_Baa]

I lucky enough sold at $2.80... will wait till $2.30 to position myself again!

Did I miss something, when was it $2.80?

[winner69]

Did I miss something, when was it $2.80?

10.00 am today

[Baa_Baa]

10.00 am today

Right, thanks winner, been a busy day ... a sell at $2.80 pretty good trade and timing for today! Technically today is a double top failure, from Dec 1st/2nd 2016. Just an aberration though eh, off to $3.XX soon as those naughty ASX shorters get bored.

[couta1]

Right, thanks winner, been a busy day ... a sell at $2.80 pretty good trade and timing for today! Technically today is a double top failure, from Dec 1st/2nd 2016. Just an aberration though eh, off to $3.XX soon as those naughty ASX shorters get bored.

Do shorters ever get bored? addictions are compelling. A little singeing of their rear ends every now and again helps keep them in check.

[see weed]

Do shorters ever get bored? addictions are compelling. A little singeing of their rear ends every now and again helps keep them in check.

Those poor buyers from 2.60 to 2.80s must be feeling a bit disheartened tonight. I wonder if shorting is doing more damage to the market than good. Think, if I was starting out and it happened, would probably sell and never return to the market again. But we all know a2m has a sting in its tail on positive news announcements. But now all the shenanigans are over, I hope, lets see what happens tomorrow. I really do think this shorting will damage the market if it carries on. Correct me if I'm wrong.

[Baa_Baa]

Those poor buyers from 2.60 to 2.80s must be feeling a bit disheartened tonight. I wonder if shorting is doing more damage to the market than good. Think, if I was starting out and it happened, would probably sell and never return to the market again. But we all know a2m has a sting in its tail on positive news announcements. But now all the shenanigans are over, I hope, lets see what happens tomorrow. I really do think this shorting will damage the market if it carries on. Correct me if I'm wrong.

Some people trade the ups, others trade the downs. Some trade both, it's all perfectly legitimate. ASX and their supporting trading platforms enable you to short stocks, NZX and the trading platforms are so unsophisticated you can't short stocks unless you have a friendly broker who'll lend you shares. Shorting is a fact of life in the markets, especially the ASX in this context. It won't go away and is only beaten by exuberant longs. So go long, burn some shorts, or keep in mind there are traders who work the downside opportunities.

[couta1]

Those poor buyers from 2.60 to 2.80s must be feeling a bit disheartened tonight. I wonder if shorting is doing more damage to the market than good. Think, if I was starting out and it happened, would probably sell and never return to the market again. But we all know a2m has a sting in its tail on positive news announcements. But now all the shenanigans are over, I hope, lets see what happens tomorrow. I really do think this shorting will damage the market if it carries on. Correct me if I'm wrong.

As much as I hate both the concept and result of shorting stocks(If you paid a higher price)apparently it helps create a healthy and efficient market in various ways eg offering a contrarian view and adding liquidity etc etc. Although after today's result I find it hard to believe that the stock is overvalued around the $2.60 level.